Stampede News

Why Roth IRAs Make Sense for Millennials

Decades of tax-free earnings, for starters, plus tax-free withdrawals Younger people tend to be in a lower tax bracket now than they'll be in retirement, which is one reason why Roth IRAs are ideal for Millennials. Roth IRAs don’t get the same upfront tax break that...

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Here’s what the debt limit standoff means for you

KEY POINTS Congress must raise the debt limit by Oct. 18 or the country runs the risk of default, Treasury Secretary Yellen warns. A default could delay Social Security checks and veteran’s benefits, increase borrowing costs and trigger a market sell-off and economic...

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6 Ways to Bounce Back After Being Forced into Retirement

Many folks leave their careers before they had planned, and this type of sudden retirement can be a financial shock. Here are six strategies to help get you back on solid ground moving forward.   Getty Images When it comes to retirement, expectations and reality...

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October Is Financial Planning Month

Six areas of personal finance to review.   When training to become a financial professional, much of our course work centers on the six critical areas of creating a financial strategy. Some recognize October as Financial Planning Month, so it's an excellent...

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Explaining the Basis of Inherited Real Estate

What is cost basis? Stepped-up basis? How does the home sale tax exclusion work?   At some point in our lives, we may inherit a home or another form of real property. In such instances, we need to understand some of the jargon involving inherited real estate. What...

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Year-End Estate Strategies

What you need to know to get ready for the end of the year. With one year ending and a new one on the cusp of starting, many people will consider their resolutions—not their estate strategy. But the end of the year is a great time to sit down and review your...

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What Do I Do With All of This Money?

Just because it’s a nice problem, doesn’t mean it’s not still a problem.   Here’s a scenario for you: You pick up what appears to be a lottery ticket. You check the numbers for a laugh and discover a winning combination, offering you millions of dollars in prize...

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Measuring the Value of a Financial Professional

Findings suggest that these relationships can make a difference for investors.   What is a relationship with a financial professional worth to an investor? A 2019 study by Vanguard, one of the world’s largest money managers, attempted to answer that question.   ...

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The Need for Power of Attorney

POAs and other advanced directives are becoming more important.  Provided by McGee Wealth Management   The point of the POA. A power of attorney (POA) is a legal instrument that delegates an individual’s legal authority to another person. If an individual is...

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The September Effect

Investors ending their fiscal year can lead to some market weakness. Provided by Legacy Financial Partners   The stock market notched its 7th straight month of gains in August, and the Standard & Poor's 500 index has set 53 new highs so far in 2021.1   During...

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