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.

A self-directed IRA gives you control over a greater choice of investment options, but it also means more responsibility and risks

By GRA News Blog | October 23, 2020

A self-directed IRA (SDIRA) is a kind of retirement account that allows you to invest in assets that are off-limits to regular IRAs. You directly manage your self-directed IRA, and so are responsible for researching your investments and their tax consequences. In general, self-directed IRAs are available only through a custodial service that specializes in…

Studies Confirm That Half Of Americans Struggle With Retirement

By GRA News Blog | October 22, 2020

We’ve been in a retirement crisis for a long time. Way back in 1992, an Atlanta Journal-Constitution article warned that “[w]ith savings rates down, the future of Social Security in question and traditional plans going the way of the eight-track tape, experts say there’s a retirement crisis looming in America.” A non-stop drumbeat of articles…

Taylor: A sneak peek of my new Netflix series ‘The Walking Debt’

By GRA News Blog | October 22, 2020

Debt workouts will drive financial decisions for the next year. In certain industries, the coming year’s business story can best be understood as something from my new made-for-Netflix mini-series “The Walking Debt.” Here’s a sneak preview: The business is already a debt zombie. It will remain on its feet but unable to thrive. It shuffles…

The Bidens and China Business

By GRA News Blog | October 21, 2020

The story won’t go away without explanation, even if the Veep wins. Most of the media is ignoring the emails found in Hunter Biden’s laptop, but that doesn’t mean they aren’t news. Joe Biden has an obligation to answer questions about his son’s influence-peddling and his own financial dealings—notably regarding China. The New York Post…

Wednesday Q&A I don’t think I want to be in my current industry anymore. Should I look for a new career later in life?

By GRA News Blog | October 21, 2020

I don’t think I want to be in my current industry anymore. Should I look for a new career later in life? Gregory thinks it’s better to shift in this day and age than it was years ago, especially in the current economy. Listen to the podcast below to discover if this is the right…

3 Moves to Ensure You’re a Retirement Multimillionaire

By GRA News Blog | October 20, 2020

Here’s a three-step strategy to retire as a multimillionaire. When it comes to retiring with a seven-figure nest egg, there are some circumstances that aren’t easy to control. For example, if you earn $50,000 per year, it will be tougher for you to retire as a multimillionaire than it will be for someone who earns…

3 signs you won’t be ready to retire in 30 years, according to a financial planner

By GRA News Blog | October 19, 2020

Financial planner Jovan Johnson. Courtesy of Jovan Johnson Even if you have 30 or more years before retirement, it’s possible that there are already some signs you won’t be ready. If you haven’t started using your employer’s 401(k), or are still making the same contribution you started making several years ago, you might need to make…

Crisis Planning: 3 Ways To Keep Your Retirement Plan On Track

By GRA News Blog | October 16, 2020

Retirement plan? What retirement plan? I know. It’s been pretty disheartening of late. Does that mean we’re going to stop planning? Nope. We’re moving ahead with our plan to invest in mutual funds with long-term growth potential. Still, with the pandemic causing so much grief and suffering, it’s hard to focus on financial goals. I…

How Trump leveraged business losses to get a $72 million tax refund

By GRA News Blog | October 15, 2020

How Trump leveraged business losses to get a $72 million tax refund President Donald Trump claimed a rebate from the Internal Revenue Service (IRS) that amounted to more than $72 million in 2010, The New York Times reported last Sunday. The article said the NYT obtained over 20 years worth of data from Trump’s tax…

You’ve Been Saying Thank You All Wrong. Here’s How to Do It Right

By GRA News Blog | October 14, 2020

This Ridiculously Simple Change to How You Say Thank You Will Make It Much More Effective UC Berkeley’s Emiliana Simon-Thomas says “Gratitude 1-2-3” has big benefits for both you and those you thank. When most of us say thank you, we should be much more specific. That advice comes from Emiliana Simon-Thomas, Ph.D., science director…