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IRA Regrets: Is a Roth Always Right?

When Vanguard recently asked readers of its blog about their retirement planning regrets, the company received an overwhelming response. At last count, there were 569 responses. One common regret came from people who had
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Facing Your Fears: Modeling the Impact of a Significant Bear Market on Your Financial Plan

Investors have enjoyed a powerful bull market over the past 8½ years. But they also carry the emotional scars of the steep declines of 2000 and 2008. With stock valuations currently stretched to
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A SMarT Way To Boost Your Saving and Investing

Today’s American workers are being forced to shoulder a much higher level of responsibility regarding their retirement finances than past generations. With Social Security projections showing significant shortfalls
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An Exciting New Opportunity for SMI Members: Personal Financial Planning via MoneyGuidePro®

Personalized financial planning offers tremendous benefits. Understandably, those benefits haven’t come cheap. But thanks to our friends at SMI Advisory Services and an
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2017 Contribution Limits, Deductions, and Other Rule Changes

Every year brings a number of changes in various financial rules and regs that impact our personal financial planning. While President-elect Donald Trump has proposed sweeping tax reform, it’s impossible to know which of
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Keep More of Your IRA/401(k) Gains Through Smart Tax Planning

This article pertains specifically to investors who have both a tax-advantaged account (IRA/401k) and a taxable investment account. If you don’t have a taxable investing account, don’t make the mistake of thinking we’re
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Why It Might Be Timely to Convert a Traditional IRA to a Roth in 2016

This year’s market correction has been severe enough that it’s causing some investors to feel like they should “do something!” in response. Our advice? Stay calm and don’t take dramatic action. Instead, wait for an
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2016 Contribution Limits, Deductions, and Other Rule Changes

Every year brings a number of changes in various financial rules and regs that impact our personal financial planning. Here’s a guide to some of the more significant changes for 2016. Retirement Plans If you participate
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How To Minimize The Cost Of Early IRA Withdrawals

It is generally not a good idea to take money out of an IRA before you retire. Doing so usually thwarts the purpose of an IRA: to accumulate enough money to help cover living expenses in retirement. However, sometimes
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Invest In Your 401(k) - Or Pay Down Your Home Mortgage?

“We’d like to start prepaying our mortgage, but we can’t do that and invest for retirement. Which should have the priority?” That’s a common question—and there’s no one-size-fits-all answer. Your age, tax bracket, how long
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