Retirement Planning Is Complicated. Your Retirement Portfolio Shouldn't Be.
Mull the tax consequences and the investment merits, and above all don't rush.
The more idiosyncratic your human and nonportfolio financial capital, the more 'vanilla' your portfolio should be.
These financial planning terms sound so similar--or are so similar conceptually--that they're ripe for misuse.
With the rally in growth stocks and high-yield bonds, investors should check their mix of riskier and more conservative assets, says Christine Benz.
Investors must weigh potential tax benefits against liquidity, other needs, when deciding where to steer extra contributions.
Where you go for required minimum distributions will usually have a bigger impact than when you go.
Some investors have gotten complacent amid the equity runup, but it's a good time to revisit portfolio allocations.
IRA expert Ed Slott recommends investors with IRAs take advantage of qualified charitable distributions.
Before you start researching advisors, ask yourself these five questions.
IRA expert Ed Slott says the two account types are really opposites, with the decision coming down to tax now or tax later.
To find the right use of all of your precious assets, take a step (way) back.
IRA expert Ed Slott shares a few workarounds for retirees who want to reduce their tax burden or the amount of their required minimum distributions.
What you need to know about IRAs and 401(k)s, taxable brokerage accounts, bank accounts, and more.
Wealth managers need to move from just being worried about beating the market to thinking about overall financial well-being, says Meir Statman.
HSA-owning retirees need to think about asset allocation, sequence of withdrawals, and beneficiary designations.
Professor Meir Statman says retirees need to figure out the utilitarian, emotional, and expressive benefits to their spending in retirement.
Many investors would like to live on income alone, but that can lead to chasing yield and taking on too much risk, says professor Meir Statman.
Reducing your portfolio's risk (and potentially enhancing its return) needn't be an arduous affair.
We round up some of the most notable developments, from passives to robo-advice, and discuss their implications for investors.
Christine Benz offers ways to deal with excessive giving to adult children, long-term care expenses, and cognitive decline.
Future market returns may be muted. That makes 'small ball,' like tax-efficient investing, more important.
As you conduct a midyear portfolio review, a rundown of the key forces affecting its performance.
Baird's Tim Steffen offers tips on allowance for young children, first paychecks, student loans, and more.
Best practices include knowing how much you'll need to save, controlling expenses, and resisting the urge to tinker too much.
A combination of incremental, not revolutionary, changes can help bridge the gap.
HSAs can help to cover immediate healthcare costs and can be valuable long-term investment vehicles, too, says Christine Benz.
Higher costs of investing in HSAs can eat into--but don't entirely erode--the tax-saving benefits of the accounts.
As the popularity of these accounts continues to rise, more people are digging into the details.
Health-savings accounts are the only triple tax-advantaged vehicle in the tax code.
Enjoy maximum tax savings while preserving flexibility.
Job loss, the death of a spouse, and divorce can derail retirement, but a sound financial plan can help, says Baird's Tim Steffen.
Christine Benz suggests taking advantage of company matching, monitoring fees, and opting for simple solutions within your employer-provided retirement plan.
Use this document to outline parameters for your portfolio and keep it in good shape as the years go by.
Choosing an attorney, designating helpful individuals, and drafting documents now can provide peace of mind for you and your loved ones.
Distilling your investment approach into a few sentences can further some important goals.
Morningstar's Christine Benz says graduates should start off with a good budget, balance loan repayment with investing, embrace risk capacity, and stay diverse.
Christine Benz offers a few alternatives to lessen risk for investors who are concerned about bonds at low yields.
Christine Benz suggests setting a savings target, adjusting that target as your salary increases, and automating your contributions.
Christine Benz offers three strategies to employ amid volatile markets.
Top equity, bond, and tax-efficient holdings from our Model Retirement Saver Portfolios for every life stage.
You'll never be able to calibrate your withdrawal rate perfectly, but the body of research can point you in the right direction.
The delay of the fiduciary rule is a reminder that investors need to be their own best advocate when choosing an advisor, says Christine Benz.
Answering these 8 questions can help you right-size your allocation to liquid assets.
Pensions, idiosyncratic risks, your legacy, and healthcare can affect investors' retirement spending rates and asset allocations.
You may be able to skirt taxes and/or penalties when withdrawing from retirement accounts to buy a house, but some options are better than others.
The SSA's Andrew Salata says full retirement age and taxes can impact benefits for retirees who continue to work.
Roth withdrawals can be tax- and penalty-free, but not if you don't play by the rules.
How one partner's longer life expectancy affects withdrawal rates, asset allocation, Social Security, and more.
After some recent changes, the SSA's Andrew Salata clarifies who can take what benefits when.
With the April 18 deadline looming, some tips and traps when choosing the right account and deciding which investments to put inside of it.