When choosing where to set aside money for retirement, you need to weigh your options carefully. You're likely going from one main income source to multiple smaller income sources when you retire. You may also want buy some security for your … Continue reading → The post Life Insurance vs. Roth IRA: Retirement Guide appeared first on SmartAsset Blog.
Born between 1981 and 1996, millennials are 28 to 43 years old. The oldest will be eligible for Social Security in less than 20 years. The youngest is less than 40 years away from full retirement age...
Converting to a Roth IRA can be tricky business. For the right household, this is an excellent way to save money on retirement taxes. A Roth portfolio generates untaxed income, letting you keep more of your portfolio and Social Security. It also has no required minimum distributions (RMDs), maximizing your financial flexibility. But remember that […] The post I'm 65 With $800k in an IRA. Should I Convert $100,000 Per Year to a Roth to Avoid RMDs? appeared first on SmartReads by SmartAsset.