Financial Planning Insights

When is the best time to save for retirement? We all tend to worry less about events that are further away. This is natural and usually makes sense. The more immediate and pressing concern is, the sooner we know we must take action. Current financial obligations and needs naturally take precedence.

As we get older, and retirement looms closer, we..

After spending years in school to become a dentist and settling up a practice, you may finally have time to start thinking about your future and eventually your retirement plan. Unfortunately, in all the classes you were required to take in college, retirement planning was probably not included. If you are like most people, you're probably..

If you are a small business owner looking to create an investment program for yourself and your employees, a Keogh Plan may be a good option. Keogh Plans were invented by Eugene Keogh in the 1960's. Designed specifically for the self-employed, the plans have since then become somewhat obsolete with SEP-IRA plans being the preferred choice. Due to..

The rules for a Roth IRA are basically the same basic rules that apply to a traditional IRA. Roth IRAs however, are designed to help out younger, lower-income individuals. You can contribute to both a traditional IRA and a Roth IRA in the same year but the total contributed cannot exceed the limit allowed. That limit changes from year to year so..