Posts by: Rick Rodgers

Investors assets held in target-date funds reached a record of $1.44 trillion at the end of 20171 up 30.5% from the end of 2016. The primary reason for the increase has been cited as the fund’s popularity as the default investment option for employer sponsored defined contribution plans such as 401(k) and 403(b)s. Experts say target-date […]

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Most seniors rely on Medicare to provide their health insurance coverage. In 2015, 16.3 percent of all people in the United States were covered by Medicare1. That number continues to grow as our population ages.

Medicare does not cover everything. Medicare is divided into three parts: Part A, Part B, and Part D. In general […]

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Johnny Depp was the fifth highest-paid actor in 2016 earning $48 million1. Unfortunately, almost all of Depp’s entire $8.7 billion fortune is now gone2. A fortune that included a château in France, a four-island chain in the Bahamas, and more than a dozen other residences. Is Depp yet another victim of Sudden Wealth Syndrome? The […]

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Your travel itinerary is set, and your overseas vacation will begin soon. You have thought of everything – passport, flight arrangements, hotel bookings. All that is left is to pack your bags. There is one step you may not have considered. Are you prepared for a medical emergency while you are out of the country? […]

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A recent study(1) conducted for Northwestern Mutual found one in three Baby Boomers (33%), the generation closest to retirement age, have less than $25,000 in retirement savings. A survey(2) conducted by GoBankingRates found only 23% of Americans over age 55 had saved $300,000 or more for retirement. This age group said the biggest reason for […]

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I recently came across an article titled “Stock Market’s Soaring Volatility Mirrors 1987 Crash.” Yikes! Does this mean another crash is coming? The article stops short of predicting a crash. It does, however, talk about similarities in the amount of volatility experienced in the 2018 stock market thus far and the volatility of 1987 before […]

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Is a life well-lived measured by the size of our bank accounts and how much property we acquired? Or is it measured by our relationships and the condition of them when we leave?

What we leave behind, most importantly our words and deeds, are reflected in the lives of those we touched. Are you taking […]

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The Tax Cuts and Jobs Act of 2017 (TCJA) eliminated the ability to use recharacterization to reverse the conversion of a Traditional IRA into a Roth IRA. The process of undoing a Roth conversion was called a “Roth recharacterization.” This rule existed because tax payers often did not know what their total income would be […]

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We are now nine years into one of the longest bull markets in U.S. stock market history. The Dow Jones Industrial Average has risen more than 280% from the low on March 9, 2009. The question many investors are asking themselves today is “How long can this continue?” Can the market possibly continue at this […]

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Taxpayers in the highest tax bracket should take a long-term view of tax planning. This method can help lower long-term tax liabilities.

Taxpayers in the highest tax bracket should take a long-term perspective to save taxes. The top income tax rate is 37%, but it might be higher when you add the Medicare surtax. It’s […]

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