News Blog

GRA has compiled a news feed to keep you up-to-date on

the latest financial and retirement news that could affect your wallet

See the latest headlines below.

How much you’ll need to save monthly to retire with $5 million

By GRA News Blog | November 8, 2019

Five-million dollars sounds like a lot of money. And for the 22% of Americans who say they have less than $5,000 set aside for retirement, saving that much may seem like an impossible goal. But what if you could retire with $5 million by the time you were 67? The good news is that it is…

Here’s Why Warren Buffett Is Right and Dave Ramsey Is Wrong About Mortgages

By GRA News Blog | January 20, 2022

  Financial experts and investors may sometimes give conflicting advice – Warren Buffett and Dave Ramsey are no exception. In this article by The Motley Fool, Dave Ramsey urges people to take out the smallest mortgage possible when buying a home, whereas Warren Buffett has different ideas.   Enjoy this Complimentary Download: By submitting your contact…

Struggling? Here are 5 things you can do to fortify your finances.

By GRA News Blog | January 20, 2022

Cost of living is up, income is down—a few adjustments here and there can help boost your bank account. For most Americans, 2021 brought much financial strain. Household debt and cost of living increased, while median household income decreased. In this article by MarketWatch, discover five small things you can do to take back control of…

Should You Convert To Roth?

By GRA News Blog | January 20, 2022

Let’s take a look at some pros and cons, starting with reasons why now might not be the time for a Roth conversion There has been a lot of conversation whether the backdoor Roth IRA and mega back door Roth conversions will be eliminated. In this Forbes article, take a look at the pros and cons…

How to Make Retirement Savings Last When Life Gets in the Way

By GRA News Blog | January 5, 2022

What to consider when you’re approaching retirement and haven’t met savings goals. If you’re approaching retirement, but haven’t met your savings goals, there are some things you should consider. Check out this article by Morning Star. Sheryl Rowling discusses what “Good Savers” do before retiring.   Enjoy this complimentary download: By submitting your contact information,…

Converting To A Roth? Don’t Fall Into These Traps

By GRA News Blog | January 4, 2022

With talks of long-term changes to retirement planning in the potential tax reform legislation, it may be time to start thinking about Roth IRA conversions. Check out this article by Forbes. Jamie Hopkins discusses common Roth conversion missteps, the five-year rules, and converting yourself into higher tax rates.   Enjoy this complimentary download: By submitting…

How to Lower Your Tax Bill When Stocks Are Having a Banner Year

By GRA News Blog | January 3, 2022

A common practice among investors is tax-loss harvesting. This occurs by selling shares of stocks or funds that have lost value, thus reducing the taxes owed on gains in your portfolio. In this article by Barron’s, Evie Liu discusses why the strategy has become more difficult, thanks to broad market gains.   Enjoy this complimentary…

Three Reasons Rich People Buy Life Insurance

By GRA News Blog | December 31, 2021

You may be surprised to find life insurance is still important even for people with plenty of money. According to this article by The Motley Fool, life insurance is still important, even if you have plenty of money.   Enjoy this complimentary download: By submitting your contact information, you consent to be contacted regarding retirement…

What’s Your Retirement Number?

By GRA News Blog | December 30, 2021

To cross the finish line when you want, find the right target for your retirement savings and follow our training regimen. As with most things, goals can be a motivational tool. In this article by Kiplinger, Sandra Block discusses that working towards a specific number for your retirement goal can motivate you to save, even…

Here’s How Much You Should Tip Restaurant Workers

By GRA News Blog | December 23, 2021

In this article by CNBC, a recent survey shows that the majority of consumers have been tipping restaurant workers more than 20% during the pandemic. Does this mean that the social norms have changed when it comes to tipping?   Source Article:

A Couple Stored IRA Gold at Home. They Owe the IRS More Than $300,000.

By GRA News Blog | December 20, 2021

It can be dangerous to invest retirement-plan funds in esoteric assets without proper guidance. A husband and wife in Rhode Island have learned that lesson the hard way. Don’t make the same mistake this Rhode Island husband and wife did in this article by The Wall Street Journal. A judge ruled that owners of individual…