by Asset Strategy | Oct 25, 2023 | Barron's, Long-Term Care
Imagine you knew that 80% of the homes in your neighborhood would eventually suffer damage in a storm—but less than 4% of them had insurance that would protect them against a potentially catastrophic expense. This lopsided risk scenario is similar to how unprepared...
by Asset Strategy | Sep 13, 2023 | Barron's, Retirement, Retirement Planning
Roth 401(k)s remain underused, despite the growing number of companies offering them to employees. Experts say that almost everybody should contribute to these after-tax retirement accounts. Eight in 10 retirement plans administered by Vanguard offered a Roth option...
by Asset Strategy | Jul 19, 2023 | Barron's, Financial Planning, Retirement Planning
The Internal Revenue Service is allowing people who inherited an individual retirement account after 2019 to skip a required minimum distribution this year, but most still must empty the account within 10 years. The IRS issued the new guidance Friday. There has been...
by Asset Strategy | Apr 12, 2023 | Barron's, Social Security
Just because you worry that the government will cut Social Security benefits doesn’t mean you should collect it early. In a recent article discussing life expectancies, I wrote that readers should wait as long as possible before filing for their Social Security...
by Asset Strategy | Apr 5, 2023 | Barron's, Retirement Planning
It isn’t too late to boost your retirement savings for 2022. April 18 is both the federal income tax filing deadline and the last day to make a contribution to your individual retirement account for last year. While 401(k) plans run on a calendar year, IRA accounts...
by Asset Strategy | Nov 30, 2022 | Barron's, Inflation, Retirement Planning
Barron’s Retirees and investors on the cusp of retirement are under stress this year. Inflation has spiked to multidecade highs, stocks have tumbled, and bonds—a haven in normal times—have slumped. The traditional portfolio consisting of 60% stocks and 40% bonds...
