Trying to Supersize Your Retirement Savings? A Mega Backdoor Roth IRA Conversion Could Come in Handy
Mega backdoor Roth IRAs are complicated retirement savings strategies. But for the right person, they could offer a big tax advantage.
Mega backdoor Roth IRAs are complicated retirement savings strategies. But for the right person, they could offer a big tax advantage.
Financial life planning matches your values with your money. Many people are discovering that their financial journeys are even more fulfilling when they align their plans with their values. These investing, spending, and giving strategies could help you grow your nest egg while also putting your values in action.
Meaning. Purpose. Challenge. It's obvious that happiness in retirement depends on a lot more than doing crosswords on the beach all day long. You might focus on building good habits, or on launching your new business. Or you might just decide to give back by becoming a mentor.
Finding the right mix of happiness, meaning, and psychological richness is an ongoing process. You might find that the emphasis you place on each shifts as you progress through various transitions, and particularly as you near retirement. Live the best life possible with the money you have.
What are the pros and cons to using a robo-advisor? Who needs a comprehensive financial planner, and what are some alternative options?
Donald Trump was impeached for a second time on Jan. 13, 2021. For investors, could this historical move (plus an impending Senate trial) affect the markets? A look at past presidential impeachments may help determine the answer.