In the second article of this series, one of the last points we made was that, since we know marketers, journalists, and social media posters use emotional “hot button” words to provoke us into action, it’s important, especially where our investment decisions are conce
Clearly, there is a lot to think about when planning for retirement. While we have a degree of control over many of the choices involved, there’s one big wild card called “sequence risk.”
A couple of weeks ago, we shared a blog post introducing the concept of how to be “positively skeptical,” i.e., adopting a mental attitude, not of closed-mindedness, but rather openness to new information that is accompanied by a bias toward careful verification.
When Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act in 2019, several advantages were created for persons using Roth IRAs or 401(k) plan accounts to prepare for retirement.
I have a friend who was born and raised in Missouri, “the Show-Me State.” One day he explained to me that Missouri’s nickname is said to have originated in a statement made by Willard Duncan Vandiver of Boone County, Missouri, who served in the U.S. House of Representatives from 1897 to 1903.
Keeping family wealth and relationships in good shape
The old saying “Shirtsleeves to shirtsleeves in three generations” means family wealth that’s built by the first generation is eroded or even destroyed by the third generation, which squanders the assets it inherits through reckless spending, poor investment decisions and other mistakes.