Recent Articles from Bruce Hemmings
It's College Savings Day!
With graduation season upon us, many Colorado high school graduates are looking toward the next step in their lives – attending college. While most high school seniors have committed to a school of their choosing, parents are now faced with the challenge of paying for it.
Beyond wills
Estate planning can be a complex and emotional process. Ensuring that your family is secure and that the disposition of your will is carried out according to your wishes are key planning considerations for any individual. In addition, you should consider what would happen if you were to become incapacitated and unable to oversee your […]
Rebalancing for the long run
Portfolio balancing may seem like a statistical exercise. But over the past 20 years, investors who made sure their portfolio allocations remained close to target could have fared better than those who took a laissez-faire approach. Consider the results for two hypothetical portfolios allocated 60 percent to stocks and 40 percent to bonds on May […]
Top five strategies for tax-efficient investing
With higher top tax rates now in effect, it may be time to ask yourself: Are you doing everything possible to improve your portfolio’s bottom line through tax-efficient investing? Here are five tried-and-true strategies to help lower your tax bill while improving your net return. Take Advantage of Tax-Sheltered Accounts To encourage Americans to save […]
Five fireproof financial steps
The wildfire season is upon us. While many people prepare by putting together an evacuation plan and taking measures to protect their homes, the process of getting finances in order tends to get overlooked. Regardless of your annual income or assets, financial preparedness is critical to resuming daily life following a wildfire. As there is […]
Seven steps to achieve your retirement goals
In these days of market volatility and tax uncertainty, you need to make sure you’re doing all you can to make the most of your retirement savings. Here are seven actions to take to maximize your retirement strategy. 1. Contribute to an IRA to Maximize Your Savings A key way to build your retirement savings […]
Top 10 investment ideas for 2013
Members of the Morgan Stanley Global Investment Committee (GIC) believe the “highly accommodative policy stance being pursued by the Federal Reserve, the European Central Bank (ECB) and other central banks should continue to bolster financial markets in 2013 despite fiscal policy drag and another year of subpar growth in the global economy.” In short, committee […]
Shine a spotlight on your finances
A yearly financial review can be instrumental to your future financial success. Consider doing it at a point when you’ll have ample time to take any corrective action before year’s end. Here’s a quick look at some of the key issues you should consider when conducting your review. Review your retirement assets. Whether your retirement […]
Exit strategies for small-business clients
For successful entrepreneurs, the road into the business is often more clearly laid out than the route from involvement. However, a well-drawn roadmap for the endgame can be the difference between achieving success and missing the target on important life goals. As a result, preparing an effective exit plan can provide a valuable service. Laying […]
Do you know where your retirement savings are? Part Two
(Editor’s note: This is the second of two parts. Read the first part.) Knowing how rollovers work can help you make a decision about whether or not to consolidate. IRA-to-IRA rollovers: You can ask your current IRA custodian to send you a check for the amount held in your IRA. You will then have 60 […]
Do you know where your retirement savings are? Part One
A traditional IRA here, a rollover IRA there, four job changes (so far!) and three retirement plan account balances left in the plans of former employers… If this describes your situation, you are not alone. Over the years, people accumulate a significant sum in retirement savings, often spread across various accounts. As accounts multiply and […]
Great benefits key to building a great team
If you own a business, you understand the importance of attracting and retaining key employees. One of the most vital steps you can take to take care of those you hire is to create an appealing benefits package that includes a retirement plan. In choosing a retirement plan you should consider, among other things, your […]