Since 2020 members of the Ruedi Wealth team have been writing weekly investing and retirement planning columns for our local newspaper, The News-Gazette.
As strange as it sounds, I often tell clients I hope they get a tough bear market early in retirement. That is because a bear market is the ultimate test of a retirement planning process.
Though investors can readily look at stock price, or the value of a small portion of a company, the total value of the company or “market capitalization” is often less understood.
It can take less than a decade for your existing savings to start driving more of your portfolio growth than your annual additions
When people hear valuations are close to where they were during the dot-com bubble and subsequent crash, many want to abandon their investments until after an “inevitable” crash occurs. But is that a good idea?
A money market fund is essentially a mutual fund that invests in literal cash, investments that are almost equivalent to cash, and very short-term, high-quality bonds. This results in a fund that maintains a very stable value, but low returns.
401(k) hardship withdrawals enable a person to access some of the money in their 401(k) plan in the event of some sort of financial hardship. But this money is not without strings attached.