by Scott Wolfrum | Apr 18, 2024 | Finance, Scott Wolfrum
Before the SECURE Act was passed in 2019, it was generally allowed for people to withdraw their inherited Roth IRA money over their lifetime, with the money growing tax-free. However, now, this rule has changed. The SECURE Act now states that the beneficiaries of an...
by Scott Wolfrum | Mar 19, 2024 | Finance, Scott Wolfrum
Businesses, organizations, and individual investors are increasingly considering the impact of their financial resources on the environment as well as socioeconomic struggles. As a result, there has been an increased emphasis on so-called sustainable investing in...
by Scott Wolfrum | Feb 15, 2024 | Finance, Scott Wolfrum
A growing movement known as Financial Independence Retire Early (FIRE) has gained momentum. FIRE is a financial goal and lifestyle philosophy that advocates saving and investing to achieve financial independence and retire earlier than the conventional retirement age....
by Scott Wolfrum | Jan 22, 2024 | Finance, Scott Wolfrum
Windfalls, whether from an unexpected inheritance, a substantial work bonus, or a lottery win, can bring a sudden influx of wealth that holds both opportunities and challenges. While the prospect of unexpected money is exciting, effective management is crucial to...
by Scott Wolfrum | Dec 19, 2023 | Finance, Scott Wolfrum
It’s crucial to remember that the journey to financial growth is unique for everyone. One of the fundamental pillars of successful investing is aligning your portfolio with your risk tolerance. Understanding and evaluating your risk tolerance is pivotal in...
