Seven Lessons for New Retirees, From a New Retiree
A former Kiplinger editor shares financial lessons from his first year of retirement. Seven Lessons for New Retirees, From a New Retiree By Mark Solheim, August 21, 2024 I retired as editor of this publication a year ago, and although I miss the writers and editors I worked with for many years — and the… Continue reading
The 401(k) Rollover Mistake That Costs Retirement Savers Billions
WSJ Columnist Jason Zweig, as he returns from a lengthy sabbatical, excellently illustrates Rebalance’s tried and true mantra: think long-term and turn off the “noise”. The 401(k) Rollover Mistake That Costs Retirement Savers Billions Much of the money moved into IRAs misses out on market returns By Anne Tergesen, July 22, 2024 Workers miss out on… Continue reading
Roth IRAs Can Transform Your Retirement Planning
by Christie Whitney, CFP®Savers maxing out their 401(k) plans are likely to hear about one strategy preached endlessly: open a Roth IRA or get taxed to death in retirement. It can get overblown, but there is a kernel of truth here. Having tax flexibility in your later years is a gift that keeps on giving. That is because… Continue reading
What I Learned When I Stopped Watching the Stock Market
WSJ Columnist Jason Zweig, as he returns from a lengthy sabbatical, excellently illustrates Rebalance’s tried and true mantra: think long-term and turn off the “noise”. What I Learned When I Stopped Watching the Stock Market Over-reacting to the news can poison your portfolio and sour your life. Here’s how to keep your investment plan on track.… Continue reading
Four Lucrative Tax Deductions That Seniors Often Overlook
Attention seniors: there are several tax deductions available that can greatly affect one’s financial planning at year end. This Wall Street Journal article explains each of these tax breaks, and how to go about taking advantage of them. Four Lucrative Tax Deductions That Seniors Often Overlook There are a host of tax breaks available to… Continue reading
The Exact Age When You Make Your Best Financial Decisions
Believe it or not, there is a magic age for making the best financial decisions of your life. You may or may not be surprised what this age is. Read this excellent Wall Street Journal article to discover the magic number. The Exact Age When You Make Your Best Financial Decisions There’s a magic number… Continue reading
Yes, There Are Alternatives to Stocks
Curious about where to invest your cash? New York Times columnist Jeff Sommer outlines how money market accounts and bonds have risen to the top as compelling investment options. Yes, There Are Alternatives to Stocks At the moment, money market funds and many bonds are not only less risky, but at current interest rates, they… Continue reading
More Americans own stocks. This is great for their financial future.
For the first time since the stock market crash of 2008, consumer confidence with the stock market has returned. According to legendary Washington Post columnist, Michelle Singletary, investors have had a bumpy ride over the past decade. In the process, they have been rewarded with annual returns of approximately 12%. More Americans own stocks. This… Continue reading
Who Needs an Estate Plan? Maybe You
by Christie Whitney, CFP®More than 60% of Americans don’t have a will, much less a full-blown estate plan. It’s understandable. It can feel morbid to think about what happens after you die. Yet many of those same people have life insurance, precisely to safeguard the finances of loved ones should they pass away unexpectedly. People sometimes use the… Continue reading
