Higher education costs have risen substantially over the last few decades, leaving many people worried about how they will fund these costs for children or grandchildren in the future. Fortunately they have been provided with a useful tool for doing so, the 529 savings plan.
Paul R. Ruedi CFP® or “Paul Jr.” is the subject of our most recent “Advisor Spotlight” blog post – a series of interviews to help people get to know the advisors at Ruedi Wealth. Paul has been with Ruedi Wealth since April 2015 and works remotely from The Colony, TX.
When planning for retirement, people always tend to focus on the financial side. However, financial preparedness is only half the battle when it comes to planning a fulfilling retirement. Equally important, if not even more important, is a plan for how you will spend your time.
Choosing when to claim Social Security is something that can have a material impact on a couple’s lifestyle in retirement. With so many options and trade-offs when claiming, how can people possibly know which one is right for them?
Are people better off using annuities to fund their retirement spending? You will find few questions more hotly debated in the retirement planning industry. People on both sides of the argument have strong opinions that are unlikely to reconcile anytime soon, so I decided to research the subject for myself.
I recently read Warren Buffett’s most recent shareholder letter and I must admit it was my favorite. Though nobody calls me the “Oracle of Illinois,” I couldn’t help but feel like Warren was articulating the same investment wisdom I’ve been promoting on my radio show for the past 25 years.