Dangers of Dividend Investing, Using Roths in Retirement
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Your September enewsletter: Why focusing on dividends may be dangerous
Happy fall from Arnold & Mote! As we head into the final months of the year, it’s the perfect opportunity to review your overall financial health and your end-of-year tax strategy. Whether it’s adjusting retirement contributions, doing Roth conversions, managing capital gains, or planning for charitable giving, now is the time to fine-tune your approach. For clients, fall means creating a tax report like this one to highlight areas of opportunity and to provide you with a better look at your tax picture. Or, perhaps updating your retirement guardrails to give you a sense of an updated sustainable withdrawal rate, and when that may require adjustment. For general tax planning, this chart of "Important 2024 Tax Numbers" is also a good one for review if you are doing this on your own and would like to see how many different parts of the tax code impact you. Clients, check your inbox for fall meeting invites and links to set up your fall meeting with us. If you have any problems booking a meeting, or have topics you want to make sure we cover with you, simply reply to this email and we will follow up. Be sure to read more below, where we highlight relevant blog posts and media mentions on these and other timely financial planning topics. We look forward to talking with you soon, The Arnold & Mote Team September Webinar - Dangers of Dividend InvestingInvestments that focus on dividends have attracted hundreds of billions of dollars from investors. Funds that invest solely in dividend-paying stocks offer investors the promise of income and capital appreciation. While often marketed as a reliable income source, is building a portfolio targeting a specific yield really an appropriate goal?
Our webinar this month is going to look at this popular strategy and its potential faults. In this webinar, we’ll cover:
Join us at noon Central Time on Friday, September 27th for the live broadcast, which will be streamed on our YouTube channel here:
Want a reminder before we go live? Click the button above and subscribe to our channel to be notified as the webinar begins: If you can't attend live, a replay of the webinar will be accessible immediately after and available alongside recordings of all previous webinars on our YouTube channel. If there are questions you'd like to have answered, simply reply to this email and let us know! Last Month's Webinar RecordingIf you missed last month's webinar, here is the recording of "Is Today's Concentrated Stock Market a Risk to Your Retirement?" From The Blog: When to Withdraw From a Roth in RetirementRoth IRAs or Roth 401(k)s are great long-term retirement accounts to have. The money in these accounts grows tax-free, and the proceeds will also be tax free for any heirs that inherit the account. For that reason, Roth IRAs are typically kept until later in retirement before being used. However, there are a few times that can be very advantageous to withdraw from a Roth in early or mid retirement. In this blog post, we provide a few examples of how a tax-efficient withdrawal plan in retirement may call for tapping Roth accounts early.
Arnold & Mote in the Press This past month Arnold & Mote was mentioned in several prominent press outlets. Below are two mentions on the topics of Roth IRAs and Roth conversions:
The New York Times: Why Roth IRAs May Be a Good Move, Regardless of Your Age We were interviewed for this recent article in The New York Times to discuss advantages that Roth IRAs have for many retirees. Roth IRAs, which are often pitched to young investors, can be a good option for older and retired workers as well. In this article we discuss why it may make sense for some retirees to convert at least a portion of their 401(k) or traditional IRA to a Roth IRA. CNBC: How High Income Earners Can Funnel Money into a Roth IRA We were featured in this article on CNBC regarding what high income households should know about their retirement savings options. While tax laws do have income limitations for making regular contributions to a Roth IRA, there are other ways for savers to get additional money into Roth IRAs regardless of their income. See our other recent press mentions on our Press Page.
Looking for Something From a Prior Newsletter?As a reminder, you can now find the last 12 months of our newsletters here:
Whether you’re new and want to browse newsletters you missed or are trying to follow up on a topic from a few months ago, we’re now publishing all newsletters at the link above. We'll also keep this link at the bottom of all future newsletters.
Quinn and the Arnold & Mote Wealth Management Team (319) 393-4020 Contact Us | Blog | arnoldmotewealthmanagement.com Facebook | LinkedIn | YouTube You are receiving this newsletter because we've talked with you in the past about financial planning and wealth management. Privacy Policy |