How to invest in an index
We frequently talk about the importance of a diversified portfolio. Diversification across a wide array of stocks can help protect investors from certain types of market risk. There are several ways to invest in a diversified bucket of stocks; the most common include mutual funds, exchange-traded funds (ETFs), and direct indexing. What are mutual funds? […]
Investment accounts: Do you have a tax strategy?
There’s more to diversification than asset classes. We also want to consider the type of accounts you keep your assets in. This can lead to tax benefits.
Tax location: Why the where matters
Prudent investors should consider not only what they’re invested in, but the type of account those investments live in.
Retirement checklist
Retirement planning spans decades, so creating a checklist—many of which are designed to be completed in a much shorter span of time—may seem counterintuitive. We built this checklist so that you can come back to it over the course of your retirement journey, checking off the tasks connected to wherever you are right now. […]
How to navigate taxes on a ‘big money event’
The goal of financial planning is to build and optimize wealth. Too often, we see people worry about their financial wins, like selling a business or cashing out of a profitable investment, instead of celebrating them. This hesitation is nearly always tied to taxes: How much of my potential profit will I owe to Uncle […]
Mega backdoor Roths, explained
For those with excess discretionary income and a flexible workplace retirement plan, there may be a way to nearly triple 401(k) contributions and enjoy the future tax savings of a Roth account. It’s called a mega backdoor Roth, and not everyone qualifies—which is why this type of contribution isn’t discussed as frequently as other savings […]
Kelly Milligan’s tips featured in “8 Ways People Become Poor While Earning a High-End Salary”
We’ve written extensively on this blog about how to protect the money you work so hard to earn. Recently, GOBankingRates asked Quorum Managing Partner Kelly Milligan to share his insights on how folks who earn more than $100,000 a year can avoid the kind of money mistakes that will derail their long-term goals and keep […]
