The TruWealth Blog
Why Financial Literacy Doesn’t Always Make You Good with Money
In the reality of advising clients, we find lack of knowledge about money is rarely the issue. And we have smart, sophisticated clients who are uniquely successful, so we are well positioned to understand this truth.
What is a Backdoor Roth IRA and How Do I Set One Up?
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.
Helping You ‘Jump’ into Your Roth 401(k) with Confidence
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.
5 BIG Things the Wealthy Do Differently
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?
Slow and Steady Wins the Race
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.
Three Key Traits of the Successful Investor Mindset
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?
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Investment Advisory Services offered through Truman Wealth Advisors, LLC, a Registered Investment Adviser. Registration with the Securities and Exchange Commission or any state does not imply a certain level of skill or training. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful. The information provided is for informational purposes only and should not be considered investment advice.
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