by Money Guy | Nov 13, 2020 | Blogs
For retirees, the withdrawal rate is the amount of money taken out of their portfolio each year for living expenses. Withdrawals may be required, in the case of required minimum distributions (RMDs), or they may be dynamic (if the market is down, it may make sense to...
by Money Guy | Jun 27, 2020 | Blogs
We know that 8 out of 10 millionaires credit their 401(k) as playing a major role in their wealth-building, yet 35% of Americans don’t even contribute enough to their 401(k) to get the full employer match. It’s no secret that many Americans are behind in saving for...
by Money Guy | Jun 26, 2020 | Podcasts, Featured
A 401(k) balance is one of the most important tools on your journey financial freedom. According to the National Study of Millionaires, 8 out of 10 millionaires used the growth from their employer sponsored 401(k) plan as a primary factor in their financial success....
by Money Guy | Jan 24, 2020 | Blogs
The SECURE Act was recently signed into law by President Trump in December. The biggest change in the SECURE Act is the treatment of inherited retirement accounts. They must now be fully distributed (or emptied) by the end of the 10th year following the year of...
by Money Guy | Jan 24, 2020 | Featured, Podcasts
On December 20th, a big piece of legislation was passed called the SECURE Act. It will affect retirement, IRAs, taxes, and more! Don’t worry, in this episode, we break down everything you need to know about the SECURE Act and how your strategies may need to...
