According to the Investment Company Institute, only 1.9% of all Roth IRAs are rollovers. Why arenât more opting to rollover into Roths?
Investors
Thereâs more to converting than meets the eye. It all depends on several factors you might not be things about (but should). Just in case you might have missed one, weâve provided you a list to quickly scan.
Many professionals and most of the current generation of finance professors have long ago removed âriskâ from their investment decision-making algorithms. These forward-thinking folks recognize the greater importance of managing retirement saver behavior over managing irrelevant investment risk as it pertains to meeting or exceeding the goal of retiring in comfort.
Comprehending the tax code is not an activity for the faint of heart and most retirement savers would faint if they saw the actual codebook. The problem with current tax code is that it may not be the same in the future. This realization can have profound impact on the retirement savings strategy one undertakes.
Quite the opposite from being âover the hill,â those in their forties may find theyâre still slogging up hill in terms of saving for retirement.
Itâs often difficult for those not immersed in the everyday concerns of retirement saving to know what to ask (let alone how to interpret the answers). Itâs up to plan sponsors and the service providers they employ to guide plan participants along the proper route.
If retirees could go back in time 50 years, this is what they’d want to know.
The best strategy is to live in moderation – both today and when you retire.
Now that you’ve determined your Goal-Oriented Target, discover what it means.
What if the choice between what’s behind the curtain and what’s in the box led to exactly the same outcome?
