According to a new Winthrop University survey, 40% of the retired people in SC are living below the level that they would like.
Wall Street Steward Blog
“On the first day of Christmas, my true love sent to meeeee….”
Your true love may be sending you a partridge in a pear tree this holiday season…
A friend of mine recently asked me to write a piece about Roth IRAs. This is no ordinary friend, so I decided to partake in the endeavor. But, in my typical rebel fashion, I promised myself that my contribution to the Roth IRA network of articles would be neither status quo, nor boring. Search #RothIRAMovement on Twitter if you want the play by play…that’s what all the cool kids are doing.
As we enter the holiday season, many investors tend to neglect their investment portfolios. There are so many things to worry about already. If your holiday season looks like ours, it can be summarized by this run-on sentence: Thanksgiving Dinner, family in town, the annoying in-laws, Christmas shopping, decorating the house, reading “Twas the Night Before Christmas” to our little ones….Christmas is gone. Time to break out the bubbly and kiss the one you love as they scream “HAPPY NEW YEAR” while you ponder how long that resolution will hold.
In order to be competent in finance, you must first get your bachelor’s degree in acronyms. At least that is what I have been told by the “experts.” Maybe I will get to that level one day, but as of right now, the more I learn, the more I realize that I do not know.
One of the most common financial questions people ask me goes something like this: “I used to work for <insert name here> and I had a 401(k) there. I left my job but never did anything with my retirement account. Should I just leave it alone or do I have other options?”
Me: “Who would you like to name as your beneficiary?”
Mr. X: “Ummmm….hmmm….do I have to name someone?”