If you imagine your retirement nest egg as a house, then your 401(k) and IRAs are the tools you use to design, build, and remodel it. You want your house to last for years to come and to support your future. So, it’s important to get the most out of […]
Financial success in retirement comes down to making your money last. And, if you spend less of your money, it will last longer.
We’re not here today to tell you to drastically alter your lifestyle post-retirement so your money will last a few mor […]
IRA Withdrawals Can Increase Your Medicare Costs.
If you’ve reached Medicare age, or are almost there, taking large withdrawals from tax-deferred accounts like IRAs and 401(k)s could creep back to haunt you – even years from now. These pr […]
Debt can postpone your goals (like retirement!) and keep you from living the life you want. Here are 3 strategies to destroy your debt and take control of your finances.
What would your life look like if you were 100% debt free?
“Whether y […]
It’s December! Before the New Year arrives, don’t forget to button up your financial life by checking off these important to-dos, where appropriate for your personal situation.
- Maximize your retirement account contributions (including ca […]
Lunch room hearsay will lead you to believe that you can’t touch your 401(k) assets without incurring an early withdrawal penalty until you are age 59 ½. This is true in most cases—however there is an important exception to th […]
My 401(k) realized a pretty decent gain last year and I’ve been reading about the need to rebalance my portfolio in order to bring it back in line with my original allocation plan. What about my future contributions? Should […]
I am considering retiring early at age 55. I have two 401(k) plans, one with my current employer and one with a former employer. My understanding is that there is a provision that now allows people age 55 or older to withdr […]
At Sigdestad Financial, 2015 marks the 10th year we have been helping individuals and families successfully transition into retirement.
You’ve spent years working toward retirement. But reaching retirement—and staying retir […]
Does dollar cost averaging really work to my advantage?
Dollar cost averaging will almost always work to your advantage.
Essentially, dollar cost averaging is the systematic purchase of shares of […]