AdviceIQ Articles

  • Telling Kids ‘No’ About Money

    Your financial future starts at home, especially when you begin filling that home with children. Establishing limits is part of parenthood and your skill at teaching this lesson directly impacts your quality of life in retirement.

    I remember going to the grocery store when my children were little. I put them in the cart and hurried through the store to get all I needed as quickly as possible. If your store experience resembles mine, inevitably as you wait on the checkout line, the candy display comes into the focus of your chocolate-loving toddler.

  • Retire Early? 14 Snags (Pt. 1)

    Who doesn’t want to retire early? Unfortunately, if you’re like many people you won’t be able to. Here is the first of two articles looking at 14 reasons that early retirement might elude you.

    Some of the reasons involve how you handle money, but others focus on your mindset and expectations or on factors beyond your control.

  • Are Emerging Markets Over?

    Temporary growth slow-downs suggest that to some that emerging markets are on the wane for good. If you believe that often-heard shibboleth, you are robbing yourself of terrific investment gains ahead.

    We keep hearing that emerging economies – mainly, China and India– are so wobbly that the slightest unexpected revelation could irreparably cripple them. Such fears are groundless for these fast-growing nations.

  • Tackling Financial Transitions

    Everyone goes through transitions in life, ready or not. Moving, switching jobs, getting married, having children – each one creates additional financial challenges. Some of life’s changes are foreseeable, while others catch us unprepared. Taking the necessary precautions is key to ensuring your financial stability amid these shifts.

  • Rules for a Roth 401(k)

    If your employer sponsors a 401(k) plan for you to participate in, you may also have a Roth 401(k) option. Electing that option depends on your other retirement plans, tax outlook and many other factors.

  • How to Tap the Energy Boom

    Odds are that the U.S. energy renaissance now under way will continue for some time. That means investing in energy companies should bring a bountiful result. But the menu of possibilities is dauntingly large. What works best? One answer: natural gas and an investment vehicle called a master limited partnership.

  • What’s Your Biz Role?

    Business owners, your time is precious. Instead of spending it doing jobs that are worth $25 an hour, you need to find a role that produces more value to your company.

    I ask owners I work with this question: What role do you play in your business? I find that, if most of them are honest with me, they are often coaches, not the owners they should be. Their hourly production value does not match their title.

    Are you in a role that is worth $25 an hour or $10,000?

  • Wise Retirement Withdrawals

    Saving for retirement is one thing, spending those savings wisely another. One school of thought says you must withdraw consistently from your savings to simply avoid exhausting cash before you die. Another believes in adjusting withdrawals depending on changes in your later years. Which is right for you?

  • Is Smart Beta Smarter?

    The market has a new tool to supposedly boost returns using smaller companies’ stocks. Smart beta isn't necessarily small stocks, though, and figuring out how this idea works – and if it works at all – is your first step before banking on it.

    Smart beta (or whatever you want to call it) hinges on investors’ easing off the traditional market capitalization-based indexes in search of fatter returns and lower costs. On the whole, it’s a great idea – no rule says that market cap-weighted indexes are the best way to go.

  • Traditional or Roth IRA?

    Saving for retirement means you must sort out countless and confusing options from 401(k)s to individual retirement accounts. How much you make and whether you’re self-employed or have a company-sponsored retirement plan are just a few criteria to determine which to chose. One of your first questions: What’s the difference between a traditional IRA and a Roth IRA?

    Many clients at our firm ask this when looking to maximize retirement savings. To understand which option may be better, let’s look at the differences and nuances between the two types of accounts.


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