lifelaidout Q1 '17 Update

lifelaidout Q1 '17 Update

I hope your 2017 has been off to a good start! On the east coast, it seems like we're finally making way for warmer weather (fingers crossed). 

At lifelaidout, we've been working hard to help people reach their financial goals through comprehensive planning as well as educating people about personal financial strategies through articles, talks, and media mentions

See below for a summary of what we've been up to. If you would like to explore working together, through individualized planning or a company/group talk, please email me at roger@lifelaidout.com to start the process. 

Are You Throwing Your Money Away When You Rent?

Are You Throwing Your Money Away When You Rent?

There are a number of reasons for wanting to buy a home over renting and most are valid. Some people want to buy because their current rental unit may have restrictions on owning a pet, while home ownership would, in most cases, not have this limitation. Others want to diversify their assets beyond the stock market. Still others may be pressured by friends and family – loved ones may claim you are simply throwing your money away if you rent, but with owning, you could be building equity every month.

Is this really true?

Here's How to Sneak $36,000 a Year into a Roth IRA

Here's How to Sneak $36,000 a Year into a Roth IRA

You might have read about how anyone could sneak $5,500 a year into a Roth IRA - even if exceeding standard income limitations - through a technique known as the backdoor Roth IRA. But did you know there is an even trickier technique out there that allows some lucky people to contribute up to $36,000 a year into a Roth IRA? Given the larger size and to differentiate it from the typical backdoor Roth IRA, some have started calling this technique the "mega backdoor Roth IRA.”