John Hartog Archives

Popular IRAs Have Dark Downsides, Experts Warn

Weaknesses And Strengths Of Wealth Management Advisers, Service Models - AZ Business Magazine June 2010

IRAs and annuities are growing in popularity as retirement investment options, according to recent surveys, but three financial experts warn they can have serious disadvantages. “Last year, four out of 10 U.S. households had IRA accounts – that’s up from 17 percent two decades ago,” says CPA Jim Kohles, chairman of RINA accountancy corporation, citing… Read More →

Will Your Beneficiaries Beat the Odds?

value of money

Two-thirds of baby boomers will inherit a total $7.6 trillion in their lifetimes, according to the Boston College Center for Retirement Research — that’s $1.7 trillion more than China’s 2012 GDP. But they’ll lose 70 percent of that legacy, and not because of taxes. By the end of their children’s lives — the third generation… Read More →