A practical financial checklist for the future.  Provided by Marc Aarons When our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a pension. The Social Security Administration estimates that today’s average 65-year-old woman will live to age 86½. Given these projections, it appears that […]

  Focusing on Your Strategy During Turbulent Times.  Provided by Marc Aarons Investors are people, and people are often impatient. No one likes to wait in line or wait longer than they have to for something, especially today when so much is just a click or two away. This impatience also manifests itself in the […]

The 24-Hour News Cycle moves from Impeachment to COVID-19 to the Primaries – What’s next?   Provided by Marc Aarons at Money Managers, Inc. In recent weeks, we’ve seen several major stories in the news. On the political front, in addition to the arrival of the presidential election through the 2020 caucuses and primaries, we […]

Why do so many people choose them over traditional IRAs?  Provided by Marc Aarons at Money Managers, Inc  The IRA that changed the whole retirement savings perspective. Since the Roth IRA was introduced in 1998, its popularity has soared. It has become a fixture in many retirement planning strategies because it offers savers so many […]

Why are they made again and again?  Provided by Marc Aarons at Money Managers, Inc.  Much is out there about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Aside from these blunders, some classic financial missteps plague retirees. Calling them “mistakes” may be a bit harsh, as not all of them […]

Things you can do for your future as the year unfolds.  Provided by Marc Aarons at Money Managers, Inc.                          What financial, business, or life priorities do you need to address for the coming year? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific […]

A look at the maximum amounts you can put into retirement accounts this year. Provided by Marc Aarons at Money Managers, Inc.  The I.R.S. just announced the annual contribution limits on IRAs, 401(k)s, and other widely used retirement plan accounts for 2020. Here’s a quick look at them. *Next year, you can put up to […]

Here is what you need to know.  Provided by Marc Aarons at Money Managers, Inc. Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. A new federal […]

In this Q4 recap: Equities maintain their momentum to close out a strong year on Wall Street, helped by a slight thaw in the U.S.-China trade dispute and some better-than-expected domestic economic data. Quarterly Economic Update A review of Q4 2019, Presented by Marc Aarons at Money Managers, Inc. THE QUARTER IN BRIEF Movement in […]

Long-established retirement account rules change.  Provided by Marc Aarons at Money Managers, Inc.  The Setting Every Community Up for Retirement Enhancement (SECURE) Act is now law. With it, comes some of the biggest changes to retirement savings law in recent years. While the new rules don’t appear to amount to a massive upheaval, the SECURE […]