Trump’s 401k Shake-Up: Why Private Equity Spells Trouble for Your Retirement

As a certified financial planner with decades of experience guiding everyday Americans toward secure retirements, I’ve seen how 401(k) plans anchor millions of workers’ financial futures. These employer-sponsored accounts let you save pre-tax dollars and invest in stocks, bonds, or mutual funds for long-term growth towards your future retirement. But a new policy threatens this simple system: the Trump Administration is expected to sign an executive order soon, directing federal regulators to issue guidance on adding private investments—like private equity—to 401(k) portfolios. While this aims to diversify options, for the average 401(k) investor unfamiliar with private equity, it’s a risky move. Read More

Don’t Have This Retirement

Not all retirement plans are the same.

Some are calm and steady, like floating down a peaceful river. Others feel more like a roller coaster – up one day, down the next – and you’re holding on tight, hoping things go your way.

If you’re using your investments to pay for retirement, that’s totally fine. But if you find yourself feeling worried all the time, it might be a sign your plan needs a little help.

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Tax Diversification: Less Taxes, More Retirement Income

Do you want to reduce your taxes and increase your savings and income for retirement? Of course you do!

One such method is tax diversification. You may not be familiar with what this entails, which is why we’re here. If you want to find out everything from what tax diversification is to different tax diversification strategies, keep reading below for everything you need to know. Read More

Should I Take My Social Security Early Because of COVID-19?

During these tumultuous times of COVID-19, many older workers are uncertain about their financial future. 

Due to rising unemployment, volatile markets, and just the overall fear of COVID, questions about Social Security have come up frequently. Older workers, at least 62 years old, are beginning to consider claiming their Social Security early. In this blog post, we’ll cover the best retirement age (based on your financial goals), whether or not your social security benefits should be accessed early, and what a normal retirement looks like.  Read More