Most people I meet don’t really care about acquiring great wealth. But everyone wants to make sure they never run out of money. If that resonates with you, I have good news. You really don’t have to worry or stumble around in the dark. All you need to do is estimate what it’s going to […]
What Happens To A Roth IRA After Someone Dies?
If you’ve gone to all the trouble of setting up a Roth IRA you need to know what happens to that money after you are gone. Tom, a very nice man recently passed away. His wife Ann is the beneficiary of his Roth IRA. Will she have to take any distributions? Will they be taxable? […]
Retirement Asset Allocation for Peace of Mind
You might be wondering what the right asset allocation is if you are retired now or getting ready to retire. In fact, this is the one of the most frequently asked question I get. The conventional wisdom is that as you get closer to retirement your portfolio should become more conservative and pull out of […]
Three Ways to Find A Passive Income Business To Buy
If you are looking for a business to create passive income, you have to play it very smart. There are so many scams out there it’s enough to make your head spin. I’ve spoken with many people who got suckered into these “opportunities” and lost everything they put in. (The worst is the coin operated […]
How to Protect Your Assets So You Don’t Run Out
You can take 3 easy steps and easily protect your assets. Besides health concerns, the worst fear you face is running out of money. People spend tons of time thinking about how to make more money, but they often fail to take the time to protect what they’ve got. How do you protect your assets? […]
Should You Pay Cash Or Borrow For Major Purchases?
If you’ve got a major acquisition coming up you have to decide between taking the money out of savings or investments or borrowing the cash. How do you decide which way to go? Here’s an email I got recently from a reader that illustrates the dilemma: I am considering a major purchase for a motor […]