Generosity Wealth Management
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Avoid Penalties on Your Required Minimum Distributions
I was recently asked by a news journalist my opinion on how to avoid penalties on your required minimum distributions. Of course, my first answer was to make sure you actually take them and problem solved! I think she was looking for more.....so I did in fact answer...
Time Horizon
I'm a big believer that knowing your time horizon for investments is very important. Unfortunately, many investors, and definitely the media, live in the short term when in fact your needs are middle to long term. I read this interesting blog (link below) that really...
USB Mix Tape
I'm 46 years old, which means I grew up in the 1980s. One thing popular at that time was to make a "mix tape" with a dual cassette player/recorder. You could then give that tape to a friend. We thought we were so COOL! Today, we have iTunes, Spotify, satellite radio,...
Why the Buy-and-Hold Strategy No Longer Works for Some Retirement Investors
“An absolute buy-and-hold strategy is simply not appropriate for most investors. Moderation is the key. While I'm certainly not an advocate for rapid speculation, I do stress the importance of working with an advisor who will modify a portfolio periodically to avoid...
How a Letter to the IRS Can Spare Retirees For Not Taking Retirement Withdrawals
“When you get a check and letter that states you’ve satisfied the required minimum distribution for the year, you think you’re good but in reality you’ve only satisfied part of it" - Michael Brady How a Letter to the IRS Can Spare Retirees For Not Taking Retirement...
Retiring with Lots of Debt? Here’s What You Need to Know
“In a perfect world you’d have zero debt upon retirement, or you will very shortly after that magical retirement date.” ~ Michael Brady Retiring with Lots of Debt? Here’s What You Need to Know March 11, 2015 - Michael Brady talks to Brian O’Connell of MainStreet.com...
