Inheriting an IRA can be a significant financial opportunity, but it also comes with its own set of rules and complexities. If you’ve recently inherited an IRA, you might be wondering what steps to take next. This blog post will walk you through the essentials of managing an inherited IRA, whether you’re a spouse or […]
Inheriting an IRA: What You Need to Know to Make the Most of It Read More »
Leaving a job is a big deal, and it comes with a lot of important decisions—one of the most significant being what to do with your 401k. Should you roll it over to a new plan, or should you just leave it where it is? In this post, we’ll break down your options so you
Should You Roll Over Your 401k When You Leave Your Job? Read More »
Choosing between a Roth 401k and a Traditional 401k is one of the most important decisions you’ll make when planning for retirement. It’s not just about picking an account—it’s about aligning your choice with your long-term financial goals, tax strategy, and retirement vision. As a certified financial planner and founder of The Hourly Advisor, I’ve
Roth 401k vs. Traditional 401k: Which One Is Right for Your Retirement? Read More »
Managing your finances can be one of the most challenging aspects of adult life. Whether you’re just starting out in your career or you’re well on your way to achieving your financial goals, one question often looms large: Should I focus on paying off debt, or should I start investing? It’s a question that many
Pay Off Debt or Invest? How to Make the Best Financial Decision Read More »
Top 3 Retiree Tax Mistakes and How to Avoid Them Retirement is a time when many people hope to relax and enjoy the fruits of their labor. However, it’s also a period that requires careful financial management, especially when it comes to taxes. Even a small mistake can lead to significant financial losses, reducing the
3 common Tax Mistakes Retirees make and How to Avoid Them Read More »
Investing is one of the most effective ways to build wealth over time, but deciding how to invest can be challenging. Should you take the plunge and invest all your money at once, or is it better to ease into the market gradually? This question has sparked debates among investors for years, and the answer
Dollar Cost Averaging vs. Lump Sum Investing: Which Strategy Is Right for You? Read More »
Social Security benefits are a crucial part of retirement planning for many Americans. Whether you’re nearing retirement or already receiving benefits, knowing how to optimize your Social Security can significantly enhance your financial well-being. In this comprehensive guide, we’ll explore five key strategies to help you get the most out of your Social Security benefits.
Maximize Your Social Security Benefits with These 5 Essential Tips Read More »
