I recently met with a client that provided statements of her retirement funds located at TD Bank in Canada. Yes, she is an American citizen who was employed in Canada for a few years and then left to work in the USA. My research pointed...
“Why is my portfolio underperforming the market?” This question may be on your mind. It is a question that investors sometimes ask after stocks shatter records or return exceptionally well in a quarter. The short answer is that while the U.S. equities market has realized significant...
Does your high income stop you from contributing to a Roth IRA?It does not necessarily prohibit you from having one. You may be able to create a backdoor Roth IRA and give yourself the potential for a tax-free income stream in retirement. If you think you...
Rules are changing concerning investment professionals and retirement accounts. In the eyes of many, the change is good. The “fiduciary rule” is going into effect in June. This Department of Labor rule stipulates that any financial industry professional who makes investment recommendations to participants in qualified...
Our relationship with money is complex & emotional. When we pay a bill, go to the mall, trade in a car for a new one, hunt for a home or apartment, or pass someone seemingly poor or rich on the street, we feel things and...
We all have a “blue sky” vision of the way retirement should be, yet it helps to plan for retirement with a little pragmatism. Fate may alter the course of our retirement in ways we do not currently anticipate. So, as we plan for the...
Growing up, I witnessed firsthand the pain financial stresses caused my hard-working parents. So, at an early age, I made a commitment to living a happy life with no money worries. I soon realized my passion and my life purpose was to help others minimize their...
As a Medical and Dental professional, you have unique challenges and circumstances to take into consideration when determining the best retirement plan for your practice. You want to offer a comprehensive plan, but also choose a plan that will be in the best interest of...
According to Hugh Massie, founder of DNA Behavior International, his research and experience shows that the best means of creating wealth is to understand yourself and behavioral biases and then create a financial and life strategy suited to your complete financial personality-or your Behavioral DNA....
I would like to welcome guest blogger, Debra Hamilton who specializes in physician practice lending at BankUnited located in Sarasota, Florida. Her article is extremely timely for physician and their practice administrators concerning updating their technology and ICD coding. The International Classification of Diseases, (ICD) is...