While Roth IRAs are technically retirement accounts, they are incredibly flexible and they have a few characteristics that make them particularly useful for college savings, especially if you’re not 100% sure you want to be saving money specifically for education. But there are some downsides too, and in this post we’ll explore the pros and cons.Read more…
How to Choose the Best College Savings Account (and When You Shouldn’t Use One)
Posted October 3, 2017
If you have children, chances are you’ve given at least some thought to saving for college, and probably to using a dedicated college savings account like a 529 plan. This post breaks down all your options, including when you should avoid a college savings account altogether, so that you can make the best decision for you and your family.Read more…
The Only 7 Investment Decisions That Matter
Posted September 19, 2017
You know that you’re “supposed” to be investing, but how are you supposed to do it right? In this post we’re going to go in-depth on the only 7 investment decisions that matter so that you can focus on what’s important, ignore everything that isn’t, and use investing as a powerful tool for reaching your most important long-term goals.Read more…
Traditional vs. Roth IRA: The Unconventional Wisdom
Posted June 6, 2017
The conventional wisdom is that if you’re young or in a low tax bracket, you should contribute to a Roth IRA. But there are some flawed assumptions there, and the whole Traditional vs. Roth IRA debate looks a lot different when you actually run the numbers. Here’s the truth so that you can make a more informed decision for yourself.Read more…
Why the Roth IRA Is the Ultimate Savings Account
Posted April 4, 2017
Most people think about the Roth IRA as a retirement account, which makes sense given that that’s what it was originally designed for. But really, a Roth IRA is resourceful enough to be used effectively for just about any financial goal, from short-term emergency savings to long-term retirement income.Read more…
