Retirement

  • How to Save for Retirement

    | May 23, 2024
    Couple laying together on boat with sunset

    As you begin to set aside money for retirement, one of the first and most critical decisions you’ll face is what type of account to put that money in. Should you contribute to your 401(k) first? Or is paying down debt a better idea? What about an IRA or a 529 plan? Should you be contributing to those as well? And what do mason jars and your mattress have to do with any of this? These are the types of questions we’ll attempt to answer as we explore the most effective way to save for retirement.

  • Why You Should Look Forward to Market Declines

    | October 19, 2023
    Scared cartoon man looking down a falling stock chart

    We all have a natural inclination to want the stock market to move higher. But counterintuitively, for the vast majority of investors, lower market prices will actually lead to higher account balances down the road. There are of course some exceptions, but more than likely you’re about to find out why you’ve been spending your whole life hoping for the wrong outcome in the stock market.

  • Why People Underestimate Spending in Retirement

    | April 25, 2023
    Couple sitting in chairs on the beach looking at sunset

    Planning for retirement may seem intimidating, but it’s not quite as difficult as you might expect. In fact, with the answers to just a few key questions, you can have a good idea of where you’re headed, and how rosy that final destination may be. You can also easily pinpoint your “move back in with the kids date,” in the event that you need to give them some advance notice.

  • Roth vs. Traditional IRAs, A Practical Guide

    | February 11, 2023
    Woman walking with an arrow on the ground

    When you begin to save for retirement, the easiest way to get started is to enroll in your employer-sponsored retirement plan (401(k), 403(b), TSP, etc.). The next step (or the first step, for those who don’t have access to an employer-sponsored plan) is generally to open an Individual Retirement Account (IRA). These types of accounts provide great tax advantages, and come in two types: “Roth” and “Traditional.”

  • The Importance of Automation

    | September 27, 2021
    Robots on an assembly line

    Keeping our long-term goals in mind at all times requires an immense amount of effort. That’s why we’re often sidetracked by short-term wants and needs. Automating certain parts of the investment process is akin to putting guardrails around your financial ability to misbehave … it’ll keep you out of trouble and ensure you stay on track for long-term success.