Key Takeaways What Is a Mega Backdoor Roth? A mega backdoor Roth is an advanced retirement planning strategy that allows high-income earners to contribute after-tax dollars to their 401(k) plan and then convert those funds to a Roth IRA orREAD MORE
Retirement, Retirees
Do you envision a California retirement? Whether you’re already a resident or plan to move to the area, there are a few things to consider now to enjoy a comfortable retirement. While a popular retirement destination, a primary concern forREAD MORE
Key Takeaways: Physicians face unique financial challenges, from high incomes to significant medical school debt and lifestyle creep. For physicians in California, additional factors can make finances complex, such as the state’s high cost of living and taxes, making financialREAD MORE
Retirement can bring a new phase of life that can be freeing and rewarding. It can also bring its share of uncertainties and unknowns. One of the biggest fears for retirees is whether they will outlive their money. While manyREAD MORE
To be financially comfortable in retirement, the general rule of the thumb is that you’ll need approximately 80% of your annual pre-retirement income. Spending in retirement is a mixed bag. You can get by on less because some monthly expensesREAD MORE