401K Millionaires

by Tim Obendorf on
Categories
Nearly 500,000 retirement savers are now 401(k) millionaires, according to Q2 stats compiled by Fidelity Investments.

7 Milestones At Age 50 & Above

by Tim Obendorf on
Categories

Birthday celebrations at 50 and each year after can be meaningful opportunities to reflect and feel grateful for life’s journey. Some also mark important milestones in retirement planning and your financial life.

Here’s a look at why, with a focus on each milestone birthday after 50 and the role it...

4 Pervasive Myths About Inflation

by Tim Obendorf on
Categories

4 Pervasive Myths About Inflation

Inflation can feel inescapable these days.

For most of us, it also feels like inflation is higher and more persistent than it actually is.1

That could be because we’re seeing higher prices practically everywhere.1

Despite our experience, though, that...

Can you relate to any of the following?

  • “I should have bought that stock before the company went public!”
  • “What a shame — I wish I had invested in that new tech before it went mainstream!”
  • What’s the next “unicorn” that will make a fortune?”

It’s common to feel this way. Many of us experience...

As a long-term investor, you’re always thinking about what factors drive your investment returns. Unfortunately, many investors focus on things that cause short-term changes and actually have no impact on long-term market returns. It’s not their fault – these myths are so commonly believed that many...

Catch Up Contributions

by Tim Obendorf on
Categories
The “catch-up” provision allows workers who are over age 50 to make contributions to their qualified retirement plans in excess of the limits imposed on younger workers.

How Income Taxes Work

by Tim Obendorf on
Categories
As complex as the details of taxes can be, the income tax process is fairly straightforward.

Do You Owe The AMT?

by Tim Obendorf on
Categories
In taxes, there’s an equalizer of sorts; it’s called the alternative minimum tax, or AMT.

How much do you really know about retirement benefits?

If you’re like most Americans, it’s not that much. In fact, most of us have fairly poor “retirement literacy,” especially when it comes to the finer points of retirement benefits.1

That may not seem like a big deal, but it can give rise to all...