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Investing Your Roth Funds

One of the primary benefits of Roth IRAs is the tax-free income they provide at retirement, but they have another big advantage as well: They provide retirement savers with a great deal of flexibility when it comes to choosing investments for the account. In most accounts your contributions can be put into a variety of … Continued

Exchange-Traded Fund (ETF)

Exchange-traded funds (ETFs) are a type of security that tracks a commodity, group of assets or index and trades like a stock on an exchange. Unlike a mutual fund, which settles at the end of the day, the price of an ETF can fluctuate throughout the day as shares are bought and sold. The primary … Continued

How Much Money Will Millennials Need to Retire?

In an era when most workers are responsible for funding their own retirement, it’s an ever-present question: How much money will I need to put away? Unfortunately, there’s no one-size-fits-all answer. Figuring out the right size for your nest egg is a personal exercise, one that depends on your spending habits and future needs. It’s an … Continued

Managing Healthcare Costs in Retirement

Whatever you think your healthcare costs will be in retirement, they’re probably going to be higher. According to Fidelity, a 65-year-old married couple can count on paying out about $275,000 in medical costs over the rest of their lives. Why the Price Tag Keeps Going Up One of the reasons healthcare costs increase in retirement, … Continued

Investment Strategies for Roth IRAs

Roth IRAs make excellent retirement savings tools because of their tax advantages and flexibility. But there are other ways to use these retirement accounts that can benefit you and your beneficiaries. We’ll take a look at three investment strategies for making the most of your Roth IRA. First, a refresher on the particulars of the Roth … Continued

Potential Tax Changes and Your Retirement

The Trump administration sees lower tax rates as a key to economic growth. But that means lost tax revenue, which will likely have to be made up in other ways—including possibly cutting into 401(k) tax benefits. At present, the debate is still active and 401(k)s may be safe. But it’s important to understand the shape … Continued

Why Millennial Investors Are Banking on ETFs

Exchange-traded funds (ETFs) have become the go-to investment for many financial advisors. According to the Financial Planning Association’s 2017 Trends in Investing Report, 88 percent of financial advisors recommend ETFs to their clients, compared to 85 percent who tout cash and equivalents, 80 percent who recommend mutual funds (non-wrap) and 61 percent who coach clients … Continued

Should You Own or Rent in Retirement?

There are reasons to own a home in retirement. But there are also good arguments for renting. The latter may be less expensive if it means you don’t have to pay for maintenance and repair. Owning, however, could be less stressful if you don’t have to worry about a landlord raising your rent. Whichever route … Continued

What Is Funeral Insurance and Do You Need It?

Funeral insurance—also called final expense insurance or burial insurance—covers the cost of your funeral and burial or cremation. These terms are just retailing expressions: All refer to a type of whole life insurance that provides a payout of $2,000 to $50,000 designed not to support your survivors but to spare them the burden of your … Continued

Are Americans Working Past Retirement Age?

The working population among people 65 and older is the highest it’s been in 55 years. According to the Bureau of Labor Statistics, 36 percent of 65-to-69-year-olds will be part of the labor force by 2024. Are Americans working past retirement age? Clearly, yes. Reasons Vary People are healthier than in past generations. They live … Continued