We are in the midst of a historically long period of growth in the US stock market. Yet the euphoria for many Colorado investors is tempered by questions about our country’s future. If you have followed classic advice about diversified investments, it’s likely that you own shares in companies behind initiatives not aligned with your […]
Articles about saving for retirement
If you wait until your 60s to retire, accessing your retirement savings is a straightforward proposition. You can tap your Traditional IRA, Roth IRA, taxable investment accounts, and most work retirement plans without penalty. But what if you need funds sooner than that? First, I should say we won’t consider whether you should access retirement […]
More older Americans are working than ever. The Bureau of Labor Statistics predicts that the greatest employment growth will be among those 75 and older over the next ten years, closely followed by those aged 65 to 74. If you fall in this older worker category, why are you still working? For most older […]
One of the most common questions from prospective clients can be boiled down to this: how are we doing? In our culture, our finances are often kept secret even from extended family. We don’t have anyone to talk to about our financial strength (or weakness) besides our spouse and that’s only if you’re married. Sure […]
Most of us in in the workforce have had multiple employers over our careers. It almost always makes sense to contribute to your 401(k) or equivalent retirement plan. You get the tax deferral (or tax freedom if you have Roth contributions), the employer match in most cases, and the benefit of regular investing over decades. […]
While there’s much a qualified financial planner can do to map out a course to achieve your goals, much of the responsibility falls on you. You’ve heard it before: spend less than you earn. Do this long enough, make smart choices, and with a little good fortune you will make work optional for you. Spending […]
-By Dave Gardner The other day I was talking to a CU professor who is nearing retirement. When she stops working, she won’t have financial worry because of her tremendous job building up her CU retirement plan as well as properties, most of which she owns outright. While she is well paid by the university, […]
When clients come in for their initial financial review, we often see retirement plan statements from four or more investment companies. They might have a Fidelity 401(k) from a job they left years ago, a Prudential 403(b) from last year, and a TIAA-CREF retirement plan with their current employer. Some clients have gone so far […]
Business owners can design a retirement plan that can save them thousands a year. Here are the most common small business retirement plans to consider.
If you’re like many investors, you may be using a method to pick retirement plan investments that is almost guaranteed to delay your financial independence day.