by Tim Schmidt | Jul 12, 2019 | Retirement Tips
If you are looking to use your ROTH IRA as a retirement vehicle, but don’t have a huge balance, this post is for you! A Roth IRA, outlined on this page, can be a powerful vehicle to not only accumulate property, but also do it in a manner that saves you money...
by Tim Schmidt | May 29, 2019 | Retirement Tips
I like people who think ahead. In the case of Tori Dunlap, who wrote this article for Forbes, she’s thinking very far ahead. I was intrigued by her contribution and ability to forward think enough that I thought I’d come and share what she’s doing in...
by Tim Schmidt | May 23, 2019 | Retirement Tips
When it comes to places to retire, it seems like most Americans (especially those from the Midwest and the Northeast) make their way down to warmer climates in the south like Florida and Arizona where they can spend their days golfing and not having to worry about...
by Tim Schmidt | May 20, 2019 | Retirement Tips
Basically, if you’re looking for the type of retirement plan that you can fund using money that you’ve already paid taxes on, then you’d want to set up a nondeductible IRA. With a traditional IRA, you have the ability to use your income tax to deduct contributions....
by Tim Schmidt | May 7, 2019 | Retirement Tips
When the financial crisis in 2008 ravaged retirement accounts far and wide, I had friends who realized exiting the workforce was no longer in the cards so they delayed it for a while longer.They still had adequate savings, but they felt waiting was the right...
by Tim Schmidt | Mar 1, 2019 | Retirement Tips
An eye opening Forbes Magazine article definitely put some fear into American’s looking to retire in the next several years. The basis of the article stated that a large part of the population will struggle financially during their retirement. Citing...
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