Financial Planning

Choosing between a traditional or Roth 401(k)

I recently read an article on the dilemma employees face when they are offered a choice of investing in a traditional 401(k) or a Roth 401(k).  Like many things in […]

Evaluating when to sell a rental property

Folks become landlords for many reasons, but whatever the reasons, it’s important to have an objective with a rental property.  Some people might want to buy a place today in […]

Look at market volatility as an opportunity, not a risk

Anyone paying even a little attention to the markets can feel like they’re on a roller coaster.  Yesterday we were in for a bull run, tomorrow we’re in for a […]

How to invest if you don't have access to a 401(k)

Much of the financial advice concerning retirement planning out there focuses on how to invest in a 401(k).  There are a couple of reasons for this; the biggest being that […]

How much money do you need to save each day to become a millionaire?

There are plenty of charts showing how much money you need to save at different points in your life to hit a balance of $1,000,000.  If you ever read down […]

What annual return do you need to meet your retirement goals?

People often calculate how much money they need to retire and how much money they need to invest each month to reach that goal.  It’s pretty easy to know the […]

What's the worst part about saving for retirement?

You might think the worst part about saving for retirement is the impact from having less spending money today.  But typically after a while, you adjust to your current expendable […]