Your Wealth Diva, Lori J. Miller, Trusted Financial Advisor, Wealth Manager, & Financial Planner

Market Commentary

Retirement

What Are My Retirement Planning Options?

There are a variety of retirement planning options that could help meet your needs. Here are some of the most popular.
Will Social Security Retire Before You Do?

Greater demand is being placed on the Social Security system as the baby boom generation has begun to retire.
How Can I Estimate My Future Social Security Benefits?

The Social Security Administration’s retirement estimator gives estimates of your future benefits based on your actual Social Security earnings record.
What Is a Self-Employed Retirement Plan?

Tax-deferred retirement plans for self-employed individuals have higher contribution limits than IRAs.
What Is an Indexed Annuity?

An indexed annuity may provide some upside potential and downside protection.
What Are My Retirement Plan Distribution Options?

When receiving money accumulated in your employer-sponsored retirement plan, you have two options: lump sum or annuity.
What Is a Traditional IRA?

If you do not participate in an employer-sponsored retirement plan, you might consider a traditional IRA.
What Is a 401(k) Plan?

401(k) employer-sponsored retirement plans have many benefits, including that the funds accumulate tax-deferred.
How Should I Manage My Retirement Plan?

Employer-sponsored retirement plans are more important than ever, but managing the assets can be confusing.
Save Now or Save Later?

If you start saving for retirement sooner, the more money you are likely to accumulate and possibly retire sooner.
What Is a Roth IRA?

Qualified Roth IRA distributions in retirement are free of federal income tax and aren’t included in gross income.

Tax Planning

What Is Tax Deferral?

There can be a substantial benefit to deferring taxes as long as possible.
How Can I Benefit from Tax-Advantaged Investments?

Many traditional tax-advantaged investment strategies have gone away, but there are still some alternatives.
What Tax-Advantaged Alternatives Are Available?

While stable, CDs can create an income tax bill. Fixed annuities and municipal bonds can offer tax advantages.
What Is the Most Tax-Efficient Way to Take a Distribution From a Retirement Plan

Consider a trustee-to-trustee transfer to an IRA versus a lump-sum distribution from a workplace retirement plan.
Is There Such a Thing as a Tax-Free Investment?

It's important to understand tax-exempt vehicles when establishing a comprehensive tax planning strategy.

Investing

What Is Diversification?

An important element to successful investing is to manage investment risk while maintaining the potential for growth.
What Is a Stock Index?

Stock market indexes can be useful benchmarks for gauging the performance of an investment portfolio over time.
How Do Mutual Funds and Stocks Differ?

The difference between purchasing an individual stock versus shares in a mutual fund to potentially earn dividends.
What Is a Mutual Fund?

A mutual fund is a collection of stocks, bonds, and other securities with certain benefits and risks.
What Is a Closed-End Fund?

With closed-end funds, investors pool their money together to purchase a professionally managed portfolio of stocks and/or bonds.
What Is a Mutual Fund Load?

It’s important to understand mutual fund loads, or sales charges, and exactly what they entail so you can make informed investing decisions.
What Is an Annuity?

An annuity is a flexible financial vehicle that can help protect against the risk of living a long time because it provides an option for a lifetime income.
What Is the Difference Between a Fixed Annuity and a Variable Annuity?

Both fixed and variable annuities could be appropriate options for an individual interested in purchasing an annuity.
What Investment Risks Should I Know About?

Understanding different types of investment risk can help investors manage their money more effectively.
What Are the Different Classes of Assets?

There are five broad asset classes that you should take into consideration when constructing your investment portfolio.
What Is Asset Allocation?

Asset allocation is a method used to help manage investment risk; it does not guarantee a profit or protect against investment loss.
What College Investment Options Do I Have?

Starting to invest early for college and remaining consistent can help investors reach their goals.
What Is Dollar-Cost Averaging?

Dollar-cost averaging involves investing a set amount of money on a regular basis, regardless of market conditions.

Cash Management

What Are Some Tips for Managing My Money?

A sound cash management program uses a disciplined approach: accounting, analysis, allocation, and adjustment.
How Long Will It Take to Double My Money?

Before making investment decisions, it is helpful to determine the real rate of return on the investment.
What Cash Management Tools Are Available?

Short-term cash management instruments can help you establish a sound cash management program.
How Do Money Market Mutual Funds Work?

Money market funds can be a highly liquid and effective cash management tool.
How Can I Better Manage My Short-Term Cash?

There are numerous investment alternatives available to help provide liquidity.
What Advantages Does a Biweekly Mortgage Offer?

Biweekly mortgage payments can have a dramatic effect on the amount of interest homeowners have to pay.
What Are Some Smart Ways to Refinance?

Here are some smart ways to refinance your home.
What About Financial Aid for College?

It's important to understand the options, such as financial aid grant programs, when having to pay for college.
What Savings Alternatives Are Available?

There are a number of savings alternatives that could help you earn a reasonable rate of return.
How Does Inflation Affect Me?

Historically, one of the best ways to fight the effects of inflation has been to utilize growth-oriented investments.
Is a Home Equity Loan or Line of Credit Right for Me?

Shifting some debt to a home equity loan, which typically allows interest payments to be tax deductible, could have its advantages.

Risk Management

What Is Term Life Insurance?

Term life insurance differs from permanent forms of life insurance in that it offers temporary protection.
What Is Whole Life Insurance?

Some of the pros and cons of whole life insurance.
What Is Universal Life Insurance?

Consider a universal life insurance policy if you want the flexibility to change your premium or death benefit.
What Are the Main Types of Auto Insurance?

Even if your state doesn’t require certain types of auto insurance, it may be wise to purchase multiple types to ensure you are covered for a variety of situations.
How Do I Make a Property Insurance Claim?

When it is time to make an insurance claim, it helps if you are familiar with your policies and the steps you should take to file a claim.
How Can I Maximize My Insurance Benefits?

Several factors could undermine the financial security provided by the proceeds of your life insurance policy.
How Can I Insure My Future?

To help you choose insurance wisely, determine how much coverage and what kind of policy is best for your situation.
Do I Need Disability Income Insurance?

Knowing the basics of a disability income insurance policy is a good first step toward protecting your family.
What Types of Health Coverage Are Available?

There are three basic types of medical insurance plans: fee-for-service, managed care, and high-deductible health plan.
How Can I Extend My Liability Coverage?

Consider additional liability insurance to help protect you from the potentially devastating effects of liability lawsuits.
What Is the Difference Between an HMO and a PPO?

Selecting health insurance is often one of the most important decisions you will make. Do you know the different types?
How Can I Determine the Financial Strength of My Insurance Company?

Using a financially sound insurance company is an important part of ensuring your family’s financial security.
What Does Medicare Cover?

Medicare is the federal health insurance program for those persons age 65 and over. But what does it cover?

Lori J. Miller, CFP® M.S. Wealth Manager, Financial Planner, Insurance Agent #1 Independent Platform, LPL Financial

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Lori J. Miller, CFP^® M.S. Wealth Manager, Financial Planner, Insurance Agent
#1 Independent Platform, LPL Financial