RETIREMENTGUY

While investing in a mega backdoor Roth isn’t suitable to all investors, if your profile fits the bill, you can avail yourself of a way...

The Secure Act has eliminated the stretch IRA for most people who are inheriting an IRA or 401(k). Now, beneficiaries who inherit an IRA...

The SECURE 2.0 Act is a recently enacted significant piece of legislation that has brought about substantial changes to the retirement...

Want a way to see how your portfolio has done, known as backtesting, and see other return and risk metrics? Check out this tool, perfect...

The IRS has announced the annual inflation adjustments for the year 2024, including tax rate schedules, tax tables and cost-of-living...

Tax Day is almost here for most people, so you'll want to file your federal income tax return soon to avoid IRS penalties. The last day...

Organizing your affairs in preparation for the end of your life is an important task, and estate planning is an ongoing process that...

Roughly 70% of Americans have financial regrets from 2023, according to a Credit Karma study. The most common one is not saving money...

Taking over as the caregiver for a loved one can be stressful for many different reasons, and it comes with a lot of unanswered...

Tax season is here, and many investors are looking at their capital gains and losses in 2023 to determine what they will owe in taxes....

While the inflation rate has been easing downward, retirees' budgets are still being stretched pretty thin. Over the past few years,...

Key Takeaways Money can’t stay in an IRA or 401(k) forever. Your required beginning date, or RBD, is when you have to start taking the...

Investing with a specific time horizon in mind is a critical aspect of financial planning. A 4-year time horizon sets a defined period...

A few months before our son’s recent wedding, I sat down with him and his fiancée and talked about (what else?) money. I’ll be doing the...

While we often worry about saving enough for retirement, the cost of loneliness is rising as an equal threat to a happy, healthy...

When it comes time to retire, many people automatically think of heading to the sunny states of Florida or Arizona. With their warm...

After I wrote a series of columns in 2022 about elder care planning for family members, I received a number of responses like this one:...

In the world of retirement, a growing concern emerges as retirees, despite having the financial means for their envisioned retirement...