2017 IRA Contribution Deadline and Limits

You still have time to make a contribution to an IRA for 2017. The IRS allows you to make the contribution anytime before the tax filing deadline, which is April 17th this year. If you are under 50, the limit is $5,500 and if you are 50 or older, the limit is $6,500. Contact your advisor if you are interested in making a contribution.

Regrets By Retirees

retirement planning

Have you ever tackled a DIY (Do-It-Yourself) project and in the end regret how it turned out? Or when you read the online forums it said the average time was thirty minutes and two hours later you’re still at it? Well I have and half way through I wished I would’ve paid someone to do it. Life is full of failures and with it inevitably come regrets. In the end you have two options: learn and improve or sulk and stink. Retirees tend to look back more than others and some of their wisdom may be worth listening to.

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What Happened To My Old 401K?

It’s always been a mystery to me how at the end of the day you put two socks in the dirty clothes hamper and when they get washed and folded somehow you only get one back. How is this possible? Is there some evil force that comes in the middle of the night and steals socks? Or maybe they’re all hiding in some secret compartment in the dryer. I don’t know. All I know is there a lot of “unmarried” socks in my drawer and they’re desperately looking for their other half.

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Tigger, Eeyore, and Retirement

Do you remember the show Winnie the Pooh? There were two characters that always intrigued me. Eeyore and Tigger. Tigger was a bubbly, excited, and cheerful tiger that loved life and bounced his friends continually. In fact he is quoted as saying “Once in a while someone amazing comes along…and here I am.” Eeyore on the other hand was a gloomy, pessimistic, and depressed donkey. Everything was half empty and there was always something that could be worse. Eeyore is quoted as saying this, “It’s snowing still, and freezing. However,” he said, brightening up a little, “we haven’t had an earthquake lately.”
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