Reviewing your Required Minimum Distribution (RMD) is an important task, especially if you have retirement accounts like a Traditional IRA or a 401(k). Failing to take the correct RMD amount can result in penalties. Here are some issues to consider when reviewing your...
Generally, interest rates and the stock market have an inverse relationship. When interest rates rise, share prices fall. Bonds become more attractive. When interest rates rise, it can make borrowing money for a company more expensive, which means they have less money...
In 2024, there are several important financial dates that individuals, businesses, and investors should be aware of to effectively plan for the year ahead. These dates play an important role in taxation, financial reporting, and investment decisions. Here are some key...
Asset allocation is how investors divide their portfolios among different assets that might include equities, fixed-income assets, and cash and its equivalents. Investors ordinarily aim to balance risks and rewards based on financial goals, risk tolerance, and the...
If you are looking to retire in five years, now may be a suitable time to do a realistic retirement-needs analysis. The last five years before retirement may be a significant period, at least in terms of retirement preparation. This is because you must assess whether...
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