A Backdoor Roth is a strategic conversion of your traditional IRA into a Roth IRA. It allows you to circumvent the Roth income restrictions and contribute to the retirement vehicle even if you’re earning more than $135,000 a year.

Retirement is a time to enjoy the fruits of your labor, not stress about the perils of financial mistakes. No matter if you are 70, 50 or 30 years old, utilizing a Roth 401(k) investment account serves as a fantastic tool to lessen future RMD strangleholds and enhance withdrawal (and tax) strategies down the road.

Imagine you had the chance to sit down to coffee with a group of successful and wealthy individuals, and you could talk about anything. What questions would you ask?

When talking money, and investing in particular, the most common question I am asked is how people can grow their wealth through investments. Of course, we’d all love to be able to make lots of money quickly and easily – and risk free.

Investing is not an IQ test, it’s a test of character, of balancing patience and decisiveness, of your willingness to get comfortable being uncomfortable. What does it take to be a successful investor?