This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA We never gave our children an allowance when they were growing up. I had an allowance when I was a kid. Unfortunately for me my dad tied what I could get for an allowance to my grades. He would say,… Continue Reading: Things are More Expensive When You Pay For Them Yourself
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA You have reached the holy grail (for some) and retired. Congratulations! You are in the Land of No Alarm Clocks. Now you can do (almost) whatever you want to do. You’ve worked your whole life to get here. Now it’s… Continue Reading: 4 Easy Steps to Stay Retired
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Happy belated New Year. I hope that News Year’s Day was not too rough for you. The firework display at Bushnell Park in Hartford, CT were awesome! The last Roaring Twenties was, well, the 1920s; a mere century ago. The times… Continue Reading: The Roaring Twenties 2.0
Roth IRA The Roth IRA (“Roth”) is an excellent tool to help provide for retirement funding. Here are 3 Proven Reasons You Need a Roth IRA. The Roth is a younger investor’s best vehicle to use. Unlike the IRA, the Roth is not income tax deductible. This means contributions to a Roth are made… Continue Reading: The Difference Between a Roth IRA Contribution and a Roth Conversion
Affluent folks in Connecticut should consider doing a Roth Conversion. What is a Roth Conversion? This is when a distribution is made from an IRA, taxed and then converted into a Roth IRA. Here are Five Reasons the Affluent Should Do a Roth Conversion. 1) Reduce Your Taxable Estate When you do a… Continue Reading: 3 Reasons Affluent Connecticut Residents Should Consider a Roth Conversion