A lot of traditional retirement planning advice is all about the future. The goal is to save as much as possible, maximize your retirement contributions, and find an investment strategy that offers the right combination of risk and reward. While each of these things...
There are many elements to consider when developing a financial plan; along with figuring out a budget that accounts for your income and expenses, it’s good to think about investments. Most people automatically think about a 401(k) or the stock market when they’re...
We’ve seen a lot of news recently about the housing market in Texas and throughout the country. Low interest rates, inflation, and a surge in telecommuting have fueled a buying frenzy and driven housing costs sky-high. It’s a great time to be a seller, but many buyers...
For many people, one of the biggest concerns about retirement is the high cost of medical expenses. As you grow older, you will probably need more frequent visits to the doctor, and you may rely on expensive medications to maintain your health. It can be scary to look...
You’ve worked hard and saved for retirement, and now you’re ready to start drawing income from your portfolio. How much money should you take each year? You need enough income to cover your bills and maintain your lifestyle. But you don’t want to set up distributions...
While it’s always a good idea to consider taxes whenever you make financial plans, the end of the year is the perfect time to start actively preparing your finances for tax season. You won’t be filing your return for another few months, but now is your chance to do...