What You and Your Kids Must Understand About the Roth IRA

Roth IRA beneficiary
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If you have children, do yourself and them a favor; teach them about the Roth IRA. Don’t do this because they are your Roth IRA beneficiary. Encourage them to own their own Roth accounts. If you do, they’ll get a huge head start when it comes to understanding how investments …

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What Do Future Millionaires Drive?

Used Car
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Have you ever seen a Super Bowl ad touting how much money you could save if you bought something second-hand? Of course not. There’s not a lot of encouragement in our culture to buy used stuff. Even the one exception, a used home, is described as “existing.” Buying used just …

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Why Are There Phases of a Business Cycle?

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The phases of a business cycle are easy to define. They are contraction, trough, expansion and peak (more on each in a moment.) What’s more important is how to use this information to make better investments and not lose your money unnecessarily.  It also helps answer the question,” how should I …

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Avoid these common IRA mistakes

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Robert Powell is a Research Fellow at California Lutheran University’s “California Institute of Finance”. This article originally appeared in the March 16th, 2012 edition of Mr. Powell’s Retirement blog on MarketWatch. It reappears here with Mr. Powell’s permission. BOSTON (MarketWatch) — It’s a wonder why anyone owns an IRA. A …

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Professor’s Program to Help Seniors Find Ways to Live within their Means

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The following article was written by Alicia Doyle, and appeared in the March 15, 2012 edition of the VCStar (Ventura County Star). Financial management is difficult for anyone with a limited budget but is even more difficult for a senior whose only source of income is Social Security, said Elizabeth …

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Roth vs. traditional IRA: Which is better?

Choosing a path
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Steve Vernon is a Research Fellow at California Lutheran University’s “California Institute of Finance”. This article originally appeared in the February 14th edition of Mr. Vernon’s “Retirement” blog on CBS MoneyWatch. It reappears here with Mr. Vernon’s permission. With tax season upon us, you might be trying to decide whether …

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5 Hidden Retirement Trends of 2011

Working during Retirement
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Steve Vernon is  a Research Fellow at California Lutheran University’s “California Institute of Finance”. This article originally appeared in December 26th edition of Mr. Vernon’s Retirement Blog on CBS MoneyWatch. It reappears here with Mr. Vernon’s permission. Following up my previous post on the five top retirement stories of 2011, …

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How much should Gen X and Y save for retirement?

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Steve Vernon is a Research Fellow at California Lutheran University’s “California Institute of Finance”. This article originally appeared in on Mr. Vernon’s CBS MoneyWatch Retirement blog on December 1st, 2011. It reappears here with Mr. Vernon’s permission. Members of Gen X and Gen Y often ask me how much they …

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Preparing for Retirement When It’s Too Late to Start Early

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Rick Kahler, of Kahler Financial  Group, is a Fee Only Financial Planner out of Rapid City, South Dakota. This article originally appeared in the November 14th, 2011 edition of his well known “Financial Awakenings” blog. It reappears here with Mr. Kahler’s permission. Financial Independence. It’s the time in our lives …

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