Blog tagged as Retirement Planning

Building Tax-Free Wealth: The Mega Backdoor Roth Conversion

12/03/2024 10:29 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Building Tax-Free Wealth: The Mega Backdoor Roth Conversion
A mega backdoor Roth conversion is an advanced strategy that allows high-income earners to contribute significant after-tax funds to a Roth account, offering substantial tax-free growth potential but requiring careful planning and awareness of potential legislative changes.

Saving for Retirement vs Funding Your Children's College Education

10/24/2024 02:11 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Saving for Retirement vs Funding Your Children's College Education
Balancing saving for retirement and funding a child’s education can be challenging, requiring thoughtful planning and discussion to address both goals effectively.

Preparing for a Stress-Free Retirement

10/10/2024 04:36 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Preparing for a Stress-Free Retirement
Make the most of retirement by streamlining your finances. These steps can help alleviate stress and allow more time to focus on enjoying life’s experiences and the rewards of decades of hard work.

401(k) to IRA Rollovers: What You Need to Know

08/22/2024 09:43 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
401(k) to IRA Rollovers: What You Need to Know
Rolling over a 401(k) to an IRA offers greater investment flexibility and potential cost savings, but it requires careful consideration of the disadvantages before proceeding.

Top Concerns of Affluent Investors and How Financial Planners Can Help

06/13/2024 10:41 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Top Concerns of Affluent Investors and How Financial Planners Can Help
Affluent investors face unique financial challenges, including wealth preservation, tax optimization, and estate planning. Financial planners can offer tailored solutions to manage and protect significant wealth effectively.

Social Security Planning is Becoming More Important Than Ever

05/09/2024 07:52 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Social Security Planning is Becoming More Important Than Ever
With Social Security facing projected depletion of its trust fund by 2033, individuals approaching retirement age confront challenging decisions about when to claim benefits, while younger workers grapple with doubts about the program's future reliability.

Save for Your Retirement

11/20/2023 03:13 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Save for Your Retirement
Are you saving enough for retirement? These tips will help you save the amount that you want for your retirement.
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