by cambridgesourcesites | Jun 18, 2020 | blog
Do you know the difference? Provided by Redrocks Financial Traditional Individual Retirement Accounts (IRA), which were created in 1974, are owned by roughly 33.2 million U.S. households. Roth IRAs, however, were created as part of the Taxpayer Relief Act in 1997,...
by cambridgesourcesites | Jun 16, 2020 | blog
Behaviors worth changing. Provided by Redrocks Financial Do bad money habits constrain your financial progress? Many people fall into the same financial behavior patterns, year after year. If you sometimes succumb to these financial tendencies, now is as good a...
by cambridgesourcesites | Jun 11, 2020 | blog
What steps might help you sustain and grow your retirement savings? Provided by Redrocks Financial “What is your greatest retirement fear?” If you ask any group of retirees and pre-retirees this question, “outliving my money” will likely be one of the top answers....
by cambridgesourcesites | Jun 9, 2020 | blog
Examining the potential differences between assumption and reality. Provided by Redrocks Financial Financially speaking, retirement might differ from your expectations. Just as few weathercasters can accurately predict a month’s worth of temperatures and storms, few...
by cambridgesourcesites | Jun 4, 2020 | blog
That may be unlikely, but the program does face financial challenges. Will Social Security run out of money in the 2030s? You may have heard warnings about this dire scenario coming true. These warnings, however, assume that no action will be taken to address...
by cambridgesourcesites | Jun 2, 2020 | blog
When was the last time you looked at the content of your portfolio? From time to time, it is a good idea to review how your portfolio assets are allocated – how they are divided among asset classes. At the inception of your investment strategy, your...