Roger Wohlner

Investing money takes planning and an understanding of your own goals and risk tolerance. You will also want to understand the various investment vehicles available to you to decide what works best for you.

A financial planner is a professional who helps their clients with their financial planning and related needs. The Certified Financial Planner (CFP) qualification is the main professional designation for the financial planning profession.

A trust is a type of estate planning vehicle that allows a trustee to hold assets on behalf of trust beneficiaries as designated by the grantor of the trust. There are various forms of trust that can be used to accomplish your objectives.

Long-term strategies can help mitigate the impact of a crash, and short-term strategies can make lemonade out of lemons.

Investing in stocks is a great way to build wealth. Before getting started it’s important to do your homework upfront.

Social Security benefits are a key retirement income source for most workers. Be sure that you understand how your benefit is calculated in order to take steps to maximize it.

Recent announcements about funding for Social Security and Medicare have raised concerns that both programs may be in financial difficulty. Here is a look at the situation.

The annual Social Security COLA adjustment helps Social Security recipients keep up with inflation. Expectations for the 2025 COLA increase are for it to be lower than the 2024 COLA.

APR or annual percentage rate is the true cost of borrowing. It includes not only the state interest rate, but also any fees or expenses you’ll pay.

Tax-loss harvesting refers to using tax losses on investments held in a taxable investment account to offset gains or other income. It’s particular useful when you are rebalancing your portfolio.

When the Fed increased interest rates it had a ripple effect throughout the economy. Consumers are still dealing with this shift, and savers can still benefit.

A successful retirement doesn’t happen by chance — it takes planning and saving over the course of your working life.

The rule of 72 is a way to estimate how long it will take an investment to double in value based on an interest rate or rate of return. There are several variations of this rule and it can be a handy way of quickly estimating returns.

The Fed is expected to lower interest rates in 2024, but no one knows when or by how much. In the meantime, investors should look to CDs, savings accounts and bonds to provide a return.

Since the Federal Reserve started its most aggressive rate hiking campaign in decades, the landscape for savers and investors has changed profoundly.

There are many factors to consider as you look for the best place to spend your retirement. Climate, taxes, and access to local recreational opportunities are just a few.

State taxes on retirement income, sales taxes, and property taxes can be a factor in the overall cost of living in a particular state. Be sure to understand the state tax situation for retirees in any state you are considering for your home in retirement.

Federal income tax brackets are the percentages of income that are taxed at different filing statuses and income levels.

Portfolio rebalancing is critical in maintaining your portfolio’s target asset allocation. Studies have deemed asset allocation to be the single most important factor in portfolio returns, so maintaining your target asset allocation via rebalancing is key.

Passive income streams can take the form of an investment account or an added income stream attached to your primary job or a side hustle. These income streams can be a valuable addition to your regular income.

Converting money in a 401(k) to an IRA when leaving your job is an excellent way to preserve the tax-advantaged status of this money.

Capital gains are the result of selling investments and other assets for more than you paid for them. The tax you owe depends on how long you’ve held the asset.

You might have to make estimated tax payments if you don’t have a salaried position or if you’re not withholding enough money from your paychecks in a tax year.

A 401(k) is an employer-sponsored defined contribution retirement plan that allows employees to save and invest for their retirement.

IRA stands for individual retirement account. IRAs are tax-advantaged accounts that allow investors to save and invest for their retirement.

Mutual funds pool investor’s money together and invest in stocks, bonds or cash based on the fund’s objective. Mutual funds offer professional management for investors.

Both SEP-IRAs and solo 401(k)s are solid choices as retirement plans for the self-employed and for entrepreneurs. There are differences between the two types of plans to be aware of.

A Roth 403(b) is an option in many 403(b) plans. Roth 403(b)s are similar to a Roth 401(k) in many respects, but there are differences to be aware of.

Periods of rising interest rates can impact different types of investments in various ways. Investors need to understand the impact of rising rates on their portfolio.

Your Social Security benefits may be subject to federal taxes based on your income and filing status. Most states do not tax Social Security benefits.

A Roth IRA is a type of IRA where contributions are made after-tax and money can be withdrawn tax-free if certain conditions are met.

Term and permanent life insurance are the two main categories of life insurance. Whether you will want term or permanent life insurance will depend on your needs and your situation.

Traditional and Roth IRAs offer different methods of saving for retirement, most notably how withdrawals are taxed.