Martin Walcoe

Finances, Retirement

Inheriting a Retirement Account

Inheriting a Retirement Account

Inheriting a retirement account can feel like winning the lottery. That’s the good news. The bad news is that not following the hard-and-fast rules governing inherited retirement accounts can result in much of that windfall going to the taxman. “The rules are hard-and-fast, and they must be followed to the [...]

by × March 15, 2014 × 0 comments

Finances

Financial Resolutions in Your 50s

Financial Resolutions in Your 50s

  Financial Resolution #1: Make a final push to max out your retirement savings. After a lifetime of diligently saving, you’re getting closer to the day when you hope to actually enter into and enjoy the retirement you’ve been planning. “The 50s represent the stretch right before the final mile [...]

by × January 9, 2014 × 0 comments

Retirement

Important Decisions for Retirees and Near-Retirees

Important Decisions for Retirees and Near-Retirees

The years immediately preceding retirement, and the first couple of years of actual retirement, are a critical time for individuals. After carefully planning and diligently saving for retirement most of their lives, individuals must make some important decisions during this time. “These decisions could have a big impact on an [...]

by × November 15, 2012 × 0 comments

Experts, Finances

Some Basic Financial Products and Definitions

Some Basic Financial Products and Definitions

When a potential investor goes to visit a broker or other type of investment advisor, a great many terms can be thrown around. While these are terms that the broker deals with daily, an investor may not have heard many of them or—worse—has heard them but only has a vague [...]

by × October 3, 2012 × 0 comments

Finances

What Being Debt Free Might Mean for Your Future

What Being Debt Free Might Mean for Your Future

We live in a credit-based society, one where accumulating assets often coupled with accumulating accompanying debt. Buying a home? Sign on the line for a 30-year mortgage. New car? A bit of money down, plus a five-year loan. Starting a business? Visit your local bank for that small business loan. [...]

by × October 1, 2012 × 0 comments