Ridley Wealth Strategies

11/07/2024

Roth individual retirement account conversions shift pretax or nondeductible IRA funds to a Roth IRA, which provides future tax-free growth. https://www.cnbc.com/2024/10/02/roth-conversions-tax-consequences.html

Roth individual retirement account conversions can save on future taxes. But the strategy can trigger other consequences, experts say.

11/06/2024

Looking to secure your financial future? Discover the benefits of personalized investment management with top-notch service, intelligent technology, and advanced strategies for a brighter tomorrow. https://www.ridleywealthstrategies.com/

10/28/2024

More than 7 million adults of ages 65 and above rent instead of own their homes, according to the Joint Center for Housing Studies at Harvard University. https://www.cnbc.com/2024/10/04/pros-and-cons-to-renting-instead-of-owning-a-home-in-retirement-years.html

More than 7 million adults of ages 65 and above rent instead of own in the U.S. While they are at risk to rent price increases, they save on home maintenance costs.

10/23/2024

Understanding how working after full retirement age impacts your Social Security benefits can help you plan better. Explore the details to maximize your retirement income. https://www.ridleywealthstrategies.com/

10/21/2024

Conventional wisdom says don't carry any mortgage into retirement, and if you can manage that debt-free feat, good for you. But there are other options. https://www.kiplinger.com/retirement/different-approach-to-your-mortgage-in-retirement

Conventional wisdom says don't carry any mortgage into retirement, and if you can manage that debt-free feat, good for you. But there are other options.

10/16/2024

Discover the benefits of a living trust to secure your future and manage your assets with ease and simplicity. https://www.ridleywealthstrategies.com/

10/14/2024

This 529 strategy — superfunding a 529 — can help you maximize savings for a child or grandchild's education expenses. https://www.kiplinger.com/personal-finance/this-super-529-strategy-can-help-you-jumpstart-college-savings

This 529 strategy — superfunding a 529 — can help you maximize savings for a child or grandchild's education expenses.

10/09/2024

Prepare for retirement with Ridley Wealth Strategies! Let’s work together to build a secure and fulfilling retirement so you can focus on what truly matters—enjoying life to the fullest. https://www.ridleywealthstrategies.com/

10/07/2024

Higher prices are hitting everyone, but if you're especially hurting, here are some ways that could help you to cope. https://www.kiplinger.com/personal-finance/how-to-deal-with-inflation-advice-from-a-financial-adviser

Higher prices are hitting everyone, but if you're especially hurting, here are some ways that could help you to cope.

10/02/2024

If you received an extension, you have until October 15 to file your 2024 tax return. Be sure to gather all necessary documents, including W-2s, 1099s, and other income statements. https://www.ridleywealthstrategies.com/

09/30/2024

They're more varied, flexible and cost-effective than most people think, so don't let their complexity scare you off. https://www.kiplinger.com/retirement/things-about-annuities-that-may-surprise-you

They're more varied, flexible and cost-effective than most people think, so don't let their complexity scare you off.

09/25/2024

Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. https://www.ridleywealthstrategies.com/