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401(k) Economic Outlook Financial Planning Tax Planning

Important 2023 Financial Changes

After a rather sleepy 2022 regarding tax and retirement plan changes, many rules impacting retirement planning will take effect in 2023. In this month’s article we’re going to highlight some of what we consider to be changes of specific importance, and how these changes might impact folks like you.  Many of these changes may impact […]

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401(k) Financial Planning Retirement Income Retirement Planning Tax Planning

Understanding the Two Roth IRA 5-year Rules

Many would agree that Roth IRAs are special retirement accounts. They are funded with after tax dollars, grow tax deferred, and all distributions including accumulated gains are tax free. …Or are they? There are two five-year rules that govern whether your Roth IRA distributions are both tax and penalty free. The rules can be quite […]

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Financial Planning

What’s in Your Equity Investment Account?

What if my account goes to zero? It’s a question I’ve heard more than once in the past 6 months. It seems to come from a place of fear, and extreme emotional aversion to loss. There’s likely a lack of understanding too. An understanding of what one owns within the equity portion of an investment […]

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Financial Planning

Owner or Lender

Is it better to be an owner or lender? A simple question worth asking yourself. Would you rather be the owner of your home (a relatively consistent appreciating asset I might add) or would you rather be the lender? As an owner you borrow capital for small down payment to get started. You work towards […]

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Retirement Planning

Does A Delayed Claiming Strategy Make More Sense?

Unless you have been diagnosed with a life threatening medical condition that could potentially shorten your life expectancy, or you have a family history of short life expectancy due to hereditary health complications, waiting at least until full retirement age often makes sense. There are a few reasons you might delay claiming Social Security benefits. […]

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Market Analysis Market Trends Quarterly Update

Market Commentary – Royal Fund Management

Royal Fund Management | June 14, 2022 The market continues to test one’s resolve. In 1933, a quote became famous when President Roosevelt said, “…the only thing we have to fear, is fear itself”.  This famous quote seems appropriate today as related to the current economic and market environment. The current amount of uncertainty naturally […]

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Economic Outlook Financial Planning Uncategorized

Inflation Adjusted Spending Plan

The rising cost of goods and services has many folks concerned, and some folks down right panicked. Historic inflation is making headlines and rightly so. As this article is being penned, inflation is at a 41-year high. May 2022 year over year inflation was 8.6%, and Core CPI which excludes volatile food and energy costs […]

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401(k) Retirement Income Retirement Planning Uncategorized

Retiring During Rising Interest Rates

Year over year inflation was 10.32%. The Federal Reserve hiked interest rates to over 19%. A 3-month CD was yielding 18.3%, and mortgage rates topped 16%. The year was 1981. Fast forward 42 years. Year over year inflation in the US has topped 8% as of March 2022. Will it reach 1981 levels? Who knows […]

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Economic Outlook Market Analysis Market Trends Quarterly Update Uncategorized

Quarterly Market Overview – Royal Fund Management

We started the 1st quarter 2022 after a strong 4th quarter 2021. The S&P500, DJIA and NASDAQ all finished the year at or near all-time highs.  The market was unable to build on the December gains, and we hit some turbulence starting about the second week of January.  We had not experienced a full 10% […]

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Economic Outlook Financial Planning Market Analysis

Market Commentary – Royal Fund Management

Mark Sorenson | March 04, 2022 Uncertainty continues to impact the market. Geopolitical concerns like we are currently experiencing usually cause a negative market reaction in a shorter time frame, but historically they are always buying opportunities in hindsight. Investors need to look through market corrections and know that with patience, all will be ok […]