4 Considerations for Retirement Asset Allocation
As retirement nears, you’ll want to understand asset allocation and make the most of your available retirement funds. Start here.
Roth Conversion Strategies to Maximize Your Retirement Savings
Planning for retirement involves making important decisions about how and when your retirement savings will be taxed. One strategy worth considering is a Roth conversion. This type of wealth management tool allows you to move money from a traditional IRA or other eligible pre-tax retirement account into a Roth IRA. You generally pay income tax […]
Retirement Plans: Understanding the Nuances to Build Your Future
Retirement Plans: Understanding the Nuances to Build Your Future When mapping out your long-term wealth, selecting the right vehicle to house your investments is just as crucial as the investments themselves. For business owners, entrepreneurs, and career professionals, navigating the differences among various retirement plans can feel overwhelming. SEP and SIMPLE IRAs, and 401(k) plans […]
Does Your Inherited IRA Need an Indirect Stretch?
Does Your Inherited IRA Need an Indirect Stretch? If you have recently inherited an IRA, you might find yourself navigating a maze of tax forms and regulatory deadlines. It is a common feeling. The rules governing inherited retirement assets have shifted significantly in recent years, leaving many beneficiaries unsure of their next steps. The SECURE […]
Gold and Silver: Incorporating Precious Metals into a Diversified Portfolio
Gold and Silver: Incorporating Precious Metals into a Diversified Portfolio As astute investment enthusiasts age 50 and above, your primary aim is to diversify your portfolios to minimize risk effectively. One excellent strategy to embrace is incorporating precious metals, primarily gold and silver, into your portfolio. The stability and time-tested reliability of precious metal assets […]
Should I Own Gold?
Should I Own Gold? Is buying gold or silver a good move for the investor? Throughout history, precious metals like gold and silver have been considered valuable as the world’s primary currency. Nations rise and fall, wars are won and lost, and currencies come and go, but the value of gold and silver remains. Not only are these […]
What are Income Structured Notes?
Income structured notes are a type of investment product that can provide investors with an opportunity to earn a regular stream of income. These notes are designed to provide investors with a combination of fixed income and equity exposure, making them a popular choice for those looking to diversify their portfolios. Primary features of income […]
Make Retirement Financial Planning a Goal for 2023
Make Retirement Financial Planning a Goal for 2023 Retirement financial planning includes several financial strategies, such as investments and savings, that maximize your assets for future use. Do you know what you will need to retire comfortably? The current average monthly Social Security Administration benefit averages $1,200. Is that enough to cover your expenses and […]
A fee-only financial planner’s take on generational trends
Good Life Asset Strategies fee-only financial planners like to keep up with high-level trends among our client base. Here are a few generational financial planning and investment trends we follow.
Including a business continuity plan in your retirement strategy
As you plan for retirement, make sure your assets, business and employees are protected with a business continuity plan.