January 4th, 2017

Why I DON’T Hate Annuities

Lorraine EllSep 3

As an owner of a registered investment advisory firm which is fee-only, I should be expected to go along with the group think in my industry and hate annuities. The thinking on this is so strong that it almost raises to the level of a cult.  In fact, there is an entire organization called NAPFA…

Should You Pay Off the Mortgage or Boost Your Retirement Savings?

Lorraine EllSep 1

As retirement slowly creeps up, many people over 50 find themselves faced with a multitude of different questions and concerns about how they can best manage their money before they quit work. With children out of the house, education expenses paid, and fewer strains on the budget, those nearing retirement usually find themselves with some…

Pros and Cons of In-Plan Roth Conversions

Lorraine EllAug 31

It often makes sense for the owner of a regular 401(k) retirement plan to convert the entire plan to a Roth plan. That will mean that the money converted to the Roth plan will be subject to regular federal income taxation at the time of the conversion. But the withdrawals will be free of federal…

The Science of Investing: Why Aren’t Investors Listening?

Lorraine EllMay 28

Science, in some aspects of our society, has lost its credibility and ability to create not only an understanding and knowledge of factual data but its influence to change behavior.  Beliefs, attitudes, opinions all have more effect in determining what we do and how we act.  Whether considering a healthy life style or how to…