Jim Lorenzen, CFP®, AIF® IRS mandated withdrawals from retirement accounts – required minimum distributions (RMDs) – must begin by April following the year people turn
Jim Lorenzen, CFP®, AIF® Charitable giving is a way you can truly leave a legacy beyond our own family; However, believe it or not, few
Jim Lorenzen, CFP®, AIF® … and what do rising interest rates (and inflation) mean to your long-term success? Maybe less than you think… or is
Jim Lorenzen, CFP®, AIF® A recent study by Morningstar, a leading mutual fund research firm, compared mutual fund returns with the gains individual investors actually
Jim Lorenzen, CFP®, AIF® BUY TERM INSURANCE! INVEST THE DIFFERENCE! That’s the mantra that’s been preached (mostly by tv gurus selling their DVDs) since the
Not so long ago, baby boomers viewed Social Security as a retirement program for old folks. High-earning boomers felt that Social Security didn’t apply to them because the monthly checks were small, and they believed the system wouldn’t be around when they retired.
If you have $500,000 in your 401(k) or IRA, it’s not really $500.000. That’s a tax planning mistake most people make going right out of the gate. If you’re married and filing jointly, it’s more likely you could have $325,000 (35% tax bracket) or just $315,000 (37% tax bracket).
