What is the number one rule of personal finance? Spend less than you earn. If you have worked hard for decades, followed a budget, and adhered to this rule, you may find yourself in the enviable position of earning more money each month than you need to cover your expenses. It’s a fortunate problem to have, but one that forces you to decide how to allocate your extra cash.
Our team at Washington Wealth Advisors is delighted to welcome Victoria Boinest to the team as our summer intern. Victoria is a Finance major at James Madison and excited to work with our team on some internal projects to support our overall delivery of an excellent client experience. We thought you’d like to learn a little more about Victoria and her goals after graduation.
By Maura C. Schauss, CFP®
If you’ve ever met or worked with us, you are probably well aware of how serious we take client service. If you have yet to work with us yet, we hope you’ll be surprisingly pleased by how above and beyond we go when it comes to providing our clients an excellent experience working with us.
By Todd Youngdahl, CFP®
Retirement planning is far from simple. While that may seem like a blatant understatement, it’s especially true when you start looking at all your options and try to determine what is right for you. Each of your many options has pros and cons, unique opportunities, and various fees. While you know you need to invest, it can be challenging to decide what the best choice is for you and your unique situation.
Today, we’re focusing on the Roth and the opportunities it can provide to investors.