Here’s to Your Wealth

I cover personal finance issues that face Gen X and the Middle Class. I also focus on the financial impact of life transitions such as divorce, job changes, or death of a partner. Each month I will also be sharing a market commentary titled “Here’s To Your Wealth”.

My blog is designed to provide useful information for those who are pursuing a better financial life.

Partner Blog for Here’s to Your Wealth

5 Tax Tips For Millennials - And Others Who Want Lower Taxes

PHOTO | 401kcalculator.org

As the tax-filing deadline nears, many people are looking for legitimate ways to lower their tax bills. While the government doesn’t make it easy, I can offer a few tips—especially for younger workers—that can help reduce that tax amount payable to Uncle Sam. 1 – Fully participate in any company-sponsored retirement plan. Whether it’s a […]

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April Is Financial Literacy Month - Why Financial Wellness Matters

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April is Financial Literacy Month and a great time to focus on financial education. A lack of financial preparedness has huge societal costs, and in the coming years as Americans age, these costs will likely increase. There are daunting challenges facing not only the poor but also the working middle class. In the face of […]

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Rent Versus Buy: How Tax Reform Adds To The Decision

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Historically, or at least before the housing crash of 2008, home ownership was considered to be a sure way of increasing your net worth. America’s post World War II economy had a reasonably steady level of growth, and population increases and demand for housing supported a rise in prices. In addition, fiscal policy favored home […]

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This Valentine's Day, You Can Gift Like Kanye

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Over the Christmas holiday, Kanye West made headlines by gifting his wife, Kim Kardashian, hundreds of thousands of dollars’ worth of stock in major companies including Netflix, Apple, Adidas, Amazon, and Disney. I am not sure that Kim needed the extra money, but it reminds us that gifting stock is another way to show a loved one […]

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How Tax Reform Impacts Your Traditional 401(k) Or Roth 401(k) Decision

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The recently-passed Tax Cut and Jobs Act of 2017 challenges us to reconsider how we save for retirement. Saving for retirement is smart. This is especially true when you work for a company that matches your contribution into your retirement account. The Tax Act doesn’t change that, but it may impact which type of account […]

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How Tax Reform May Impact Near-Retirees And Retirees

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The Tax Cut and Jobs Act of 2017 lowers income-tax rates for all tax brackets, especially for high earners, and raises the estate-tax exemption—both of these changes benefit the wealthiest Americans. While the wealthy are clear winners, the vast majority of Americans will pay the same or less in taxes for more than one reason. […]

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How The Tax Cut And Jobs Act Can Help The Middle Class Retire

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There is much heated discussion about whether the recently passed Tax Cut and Jobs Act of 2017 will help or hurt low, middle, and high earners. I try to avoid the politics and instead focus on the Bill’s impact on daily finances and how it can help people reach their specific goals. For lower-income workers, […]

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21 Money Moves For A Wealthier Life In 2018

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It’s that time of year when we all have good intentions. Whether it’s eating less or exercising more, we set out to make improvements in the New Year only to struggle to keep our resolve as the year progresses. When it comes to personal finances, it’s no different. With that in mind, here is a […]

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Why Long-Term Interest Rates May Not Rise In 2018

(Photo by Mark Wilson/Getty Images)

The U.S. economy has been in growth mode since 2009, and many investors have been anticipating significant interest-rate increases. This may be a logical expectation because, historically, the Fed has raised rates to slow down the risk of inflation during market expansions. Our current economic growth, as measured by GDP, is greater than 2.5%, and […]

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Why Now may be a Bad Time for a Roth Conversion

An American road interstate sign with words Retirement and Roth with sky, Your Roth Retirement Fund

Roth IRAs and Roth 401(k) plans represent one of the few tax advantaged ways for Americans to invest. These Roth investment products allow you to make an after-tax contribution into an investment account. Subject to certain terms and conditions, they also allow for tax-free growth and tax-free withdrawal of dividends, interest, and capital gains. In […]

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