Posts by Texas Financial
Retirement and Baby Boomers
Baby Boomers is the nickname for the generation of people born between 1943 (or 1946) and 1960 (or 1964).[1] That means this year, in 2019, the very youngest of the Baby Boomers…
Read MorePlan Retirement Right: Which is better, Traditional or Roth?
If you’re saving for your retirement in a 401(k), 403(b) or an IRA, you’ve probably seen that you can choose Traditional or Roth for your account. What does that mean,…
Read MorePlan Retirement Right: What is Dollar Cost Averaging?
People take a variety of different approaches to investing for their retirement. Some may invest in fits and starts. Whenever they “come into some extra money,” they invest some in…
Read MorePlan Retirement Right: Stock Market Volatility
Over the past few months, we’ve seen a large increase in the volatility of the stock markets. In a basic sense, volatility for an investment refers to the expected range of…
Read MoreWho needs to know more about retirement finances?
How’s your “financial literacy?” Do you need to know more about finances, especially concerning your retirement years? Most people do, but there is a striking gender gap which shows a…
Read MorePlan Retirement Right: What’s a bond ladder, and how can it help when you retire?
One of the common concerns people have regarding their retirement is a fear of running out of money. We all want our retirement income to last as long as we…
Read MorePlan Retirement Right: Social Security and Income Taxes
It may seem counter-intuitive, but you may have to pay income taxes to the Federal government on a portion of your Social Security benefits that you receive FROM the federal…
Read MoreWhen should you review, and maybe alter, your retirement plan?
If you’ve saved during your working years and crafted a written retirement plan with the help of a financial professional, and you are following that plan, then you’re in good shape…
Read MoreAre you really ready to retire? It’s not all about the money.
When we discuss retirement, we often assume that anyone who has sufficient savings set aside is therefore ready to retire. But is that always the case? Certainly, much of the…
Read MoreWhat if your expenses actually increase after you retire?
It’s a fairly common belief that your monthly expenses will decrease after you retire, but what if they increase? There are a number of reasons that even the Social Security…
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