Roth IRAs and Roth Conversions: The Revo Guide
All good financial and tax planning addresses a fundamental question about individual retirement accounts (IRAs): traditional or Roth? Most advisors (us included) see a place for both traditional and Roth accounts. However, many of our clients don’t qualify to make Roth contributions, as their earnings are too high. So this conversation often evolves into a […]
How to handle student loan repayment
More than half of college attendees wind up borrowing money to pay for school. Which means paying these loans back is one of the biggest financial challenges facing young people today. How student loan repayment fits into your financial plan is largely going to depend on your personal circumstances and goals, but we still want […]
The smart way to do debt
Debt is a reality of life for most of us, and, when done right, can be a great tool to help you manage your finances. In fact, never borrowing money can negatively impact your financial health overall. But there are risks involved, too. If you use credit incorrectly, the interest payments on your debt can […]
How important is a 20% down payment to buying a home?
When you’re buying a house, the one piece of advice you get from nearly every person is: Save 20% for a down payment. But, in reality, this may not be the best advice for you. So, if you, or your children, want to buy a home, there may be more important factors to consider. Here’s […]
Diversification: How it works and why it matters
When it comes to managing investments, diversification is at the heart of what we do. Each type of investment serves a different role in a portfolio, just like ingredients in a recipe. Combining investments in different ways creates opportunities for potential returns or to manage risk. Given how important diversification is to how we help […]
Make Better Money Choices Using These Two Ideas
When it comes to managing money, investing, and life in general, there are a number of psychological factors at play. Understanding these factors can help you make better money decisions. Two of the most important concepts to understand are opportunity cost and sunk cost. We’ll cover both here. What is opportunity cost? Every time we […]
The Revo Financial Guide to Inflation
Inflation has been a driving factor for both markets and the economy in 2022. But concerns about inflation are nothing new — it’s one of the most talked about concepts, since it impacts our savings, spending, investments, and more. With that in mind, we want to take some time to go over what inflation is, […]
Withdrawing money in retirement
Setting you up for success in retirement is one of the biggest parts of our job at Revo Financial. While we start with saving and investing, that’s just the beginning of retirement planning. There’s also a great deal of strategy involved in how you tap into your nest egg. As you near retirement and begin […]
3 charts that explain the power of investing
When it comes to investing, it’s easy to focus on day-to-day headlines and market moves. But the true power of investing can be found outside of those headlines, in mathematical concepts and historical data. Of course, we still stay at the frontlines of research, trading, and market analysis when it comes to managing client investments. […]
How the Fed influences rates and investments
There tends to be a lot of confusion when it comes to the Federal Reserve and interest rates. It makes sense, too. Monetary policy can be confusing. But interest rates are a critical part of how we think about financial planning. To that end, we want to walk through, at a high level, how the […]