Consider implementing these four strategies before December 31 to potentially improve your tax situation for this year and the future.--- There are two big deadlines every year when it comes to tax planning. The most important deadline is December 31, [...]

The rule of $1,000 a month can estimate how much you need to save for retirement. But it assumes an aggressive withdrawal rate.--- The rule of $1,000 may help you figure out how much dough you need to save for [...]

Instead of passing on an inheritance, giving your children cash to buy a home can be a smart move — as long as you’re not jeopardizing your own retirement.--- The post-pandemic spike in home prices, elevated mortgage rates and persistently [...]

Health savings accounts could be the most underutilized wealth-building tool out there. Here’s who should use them and how to maximize their benefits.--- There’s an amazing, tax-advantaged, wealth-building tool available for savvy savers that you may be neglecting to use [...]

Financial advisors discuss the secrets to growing your net worth over time.--- Are you rich? The average net worth by age can help you benchmark your financial success against your peers and aid in retirement planning. But when most people [...]

Spoiler alert: It's the secret weapon of savvy real estate investors. Here's how it works and details about the tools you need to do it.--- Picture this: You've just sold your investment property for a tidy profit. You're feeling pretty [...]

Don't withdraw retirement assets haphazardly. Managing distributions intentionally can lower your taxes, conserve your wealth and reduce Medicare premiums.--- Do you have money saved for retirement? If you’re like most Americans preparing for retirement, you will answer “yes.” However, you [...]

Your traditional IRA has served you well, but when your heirs inherit it, watch out. Consider some of these strategies to minimize their tax burdens.--- Choosing to name your children as beneficiaries over your IRA is a nice gesture. But [...]

Embrace a digital nomad lifestyle to satisfy your wanderlust. Here are tips from an ultramarathon runner, a professional blogger and a financial planner.--- Editor’s note: "Becoming a Digital Nomad" is part 11 of an ongoing series on how to retire [...]

If you became ill or an injury left you unable to work, how would you cover your expenses? Life insurance with living benefits could be the answer.--- Is your life insurance policy just a safety net for when you're gone, [...]