Account Funding Priorities for 2024
with No Comments

A savings waterfall helps investors navigate the financial complexity available to them.

Dwindling Savings Highlights Need for Tax Reforms
with No Comments

The Tax Foundation recently published the article “Dwindling Savings and Increasing Financial Stress Highlights Need for Tax Reforms” suggesting that tax reform could improve the current state of American personal finances.

The Best Way to Plan for Inflation is to Discount It
with No Comments

By discounting portfolio returns to only real returns, we have already considered inflation in the planning targets.

Radio: Projecting Your Own Longevity
with No Comments

On Tuesday, January 10, 2023, David John Marotta appeared on Radio 1070 WINA’s Schilling Show with Rob Schilling to talk about how long we should plan on living in retirement projections.

Virtual Class: Success and Significance in Retirement (OLLI 2023)
with No Comments

The class will be held April 13 through May 4, 2023 each Thursday from noon to 1:00 PM on Zoom.

How Long Should I Plan On Living?
with No Comments

Which is worse: Being destitute while still alive or dying happy and provided for with a little extra?

Account Funding Priorities for 2023
with No Comments

A savings waterfall is a tool to help investors prioritize savings goals and allocate funds appropriately.

Pension Lump Sums Are Affected By Rising Interest Rates
with No Comments

If you have received a projection from your company which included a lump sum offer that you were interested in taking, you may want to analyze it again.

How to Self-Insure for Long-Term Care Health Expenses (2022)
with No Comments

Saving for long-term care, if done early enough, is not too expensive and helps to protect yourself from this potential financial shock.

Study Helps Track Long-Term Care Cost Options
with No Comments

We are very thankful that Genworth has released this information freely for everyone to use.

Enroll in Marotta’s Online Live Class (OLLI 2022)
with No Comments

The class will be held March 10 through March 31, 2022 each Thursday from noon to 1:30 PM on Zoom.

Design Your 2022 Savings Waterfall (Podcast)
with No Comments

In this podcast, I discuss my recent article “Account Funding Priorities for 2022” and describe a savings waterfall for 2022. The idea is when new money flows your way, which one of these buckets is it going to land in?

Your Children Are Not Entitled To Your Retirement Savings
with No Comments

Hard work can often only be learned by struggling. You can’t teach your children to live within their means if you always supplement their means.

Account Funding Priorities for 2022
with No Comments

Which account you should fund depends on your circumstances. However, there are some general guidelines you can follow to make your decision.

Dying Young is Not A Retirement Plan
with No Comments

Yes, many retirees may die with significant assets. However, this helps to ensure that they have sufficient assets to support their lifestyle should they make it to age 100.

The Role of a Roth IRA in Early Retirement
with No Comments

There are several distribution rules that make Roth IRAs great savings tools for early retirees.

Don’t Let A Second Home Ruin Your Retirement
with No Comments

The cost of a second home is large. Large enough that it can ruin your retirement plan.

Account Funding Priorities for 2021
with No Comments

Which account you should fund depends on your circumstances. However, there are some general guidelines you can follow to make your decision.

A Review of Finances at Age 60
with No Comments

I’m turning 60 this week. Even though I plan on working as long as possible, this is an important check point.

How to Save for Retirement When You Are Old And Broke
with No Comments

No matter how small your savings or when you start accumulating them, those small changes have large effects over time.

How to Self-Insure for Long-Term Care Health Expenses
with No Comments

If you save this target, your assets have a better chance of seeing you all the way to the end.

Financial Planning for Success and Significance in Retirement (LIFE007)
with No Comments

The class will be held March 19 through April 2, 2020 each Thursday from 11:00 AM to 12:30 PM at Homewood Suites in the Albemarle Room.

Save More Even If It Is Less Than You Should
with No Comments

No matter how small your savings, those small changes have large effects over time.

The Monetary Benefit of Delaying Retirement
with No Comments

Continuing to work for five more years could increase your retirement standard of living by as much as 50%.

Q&A: Where to Stash Extra Savings?
with No Comments

“After all this savings, I have about $3,000 per month left to save somewhere. Where should I save it?”

Beware Sloppy Retirement Advice
with No Comments

There are at least seven major mistakes in this advice by Wells Fargo Asset Management.

Retirement Wisdom (The Series)
with No Comments

In 2004, David Marotta wrote a seven part series originally titled “Retirement Wisdom.” The series explained the the seven principles to reaching your retirement goals.

Q&A: How Should I Balance Retirement Savings With Other Needs?
with No Comments

Anything which is not contributing toward your financial independence should be considered part of your lifestyle spending.

Observations on “The FIRE Movement”
with No Comments

The FIRE (Financial Independence, Retire Early) movement is a suggestion that you should have the goal of achieving financial independence and retiring while you are young.

The Power of Compounding
with No Comments

It is hard to prioritize saving, but it pays off. Here is how.

Radio: Success and Significance in Retirement
with No Comments

On Tuesday, April 9, 2018, David John Marotta appeared on Radio 1070 WINA’s Schilling Show to discuss how to achieve success and significance in retirement by both adequately savings for retirement and finding fulfillment during that period of your life.

No One Will Loan You Money For Retirement
with No Comments

If you have to choose between your retirement or your children’s college savings, choose your retirement.

By Age 35 You Really Should Have Saved Twice Your Salary
with No Comments

It was our article which first suggested this six year ago.

How to Get Started with Retirement Planning
with No Comments

Most of the assets you use to fund your retirement will come from compounded growth.

How to Set Retirement Goals
with No Comments

A fee-only financial advisor can provide the decades of support and encouragement to make financial planning, effective life planning.

How to Protect Your Retirement
with No Comments

For many investors, a fee-only advisor pays for themselves in reduced expenses alone.

How to Adjust Risk Appropriately for Retirement
with No Comments

Risk is about understanding your own greed, fear and pride.

How to Readjust Your Retirement Plan
with No Comments

Sometimes the change can be in a direction you did not expect.

How to Save for Retirement
with No Comments

Every pay period, pay yourself first. You won’t miss what you don’t see.

How to Plan for Retirement
with No Comments

Failure to plan for retirement is the primary reason why retirement plans fail.

Retirement Assumptions Are Critical
with No Comments

Retirement doesn’t give you a second chance. Measure twice and retire once.

How Much Do You Need to Save This Month?
with No Comments

Find out today how much you should be saving and investing this month! If you think a $1 million dollar portfolio is overkill, you haven’t really run the numbers.

Mailbag: Can I Contribute To An IRA The Year I Turn 70 1/2?
with No Comments

Even though you are required to start taking RMDs you can still take advantage of significant tax planning strategies.

Can I Continue Retirement Saving Past Age 70 1/2?
with No Comments

The rules for post-70 ½ IRA contributions depend upon whether the account is a traditional IRA, Roth IRA or SEP IRA.

Can I Contribute to Both a SEP and a 401(k)?
with No Comments

SEP plans offer a powerful way to provide for your own retirement in the same way that 401ks do.

Start Early on Retirement Planning
with No Comments

Retirement planning should begin the moment you receive your first paycheck.

Seven Reasons Your Retirement Might Fail
with No Comments

“In 34 years as a financial advisor, he has seen many people flunk retirement, but investment performance has never been the cause.”

Radio Interview: Which Retirement Accounts Should I Fund?
with No Comments

David John Marotta was interviewed on radio 1070 WINA discussing which retirement accounts you should fund for the best tax outcomes.

Which Retirement Account Should I Fund?
with No Comments

Which account you should fund depends on your circumstances, but here are some general guidelines you can follow to make your decision.

How to Convert Taxable Savings Into Your Roth IRA
with No Comments

Most tax professionals don’t think of such tax planning opportunities, because they have to focus on complying with tax accounting regulations.

1 2 3

Like what you read? Subscribe to our newsletter!