Jason T. Micheli, PhD
Jason T. Micheli, PhD will help you learn how to invest smarter, lower your taxes, manage your risk, and achieve your financial goals.
When it comes to saving for retirement, there are many options to choose from. But what is the best order to save in? Should you prioritize your 401(k) or an IRA? Should you consider contributing to taxable accounts? What if you have debt, does that change the calculus? It can be difficult to determine the …
Life is full of surprises. Unfortunately, some of these surprises can be costly and difficult to manage. That’s where your emergency fund comes in. This is a savings account that you set up specifically for unexpected expenses. By having this money saved up, you can avoid taking on high-interest debt or dipping into other savings …
How to measure risk tolerance is a foundational step in building an investment portfolio. In investing, there is a fundamental correlation between risk and return: in order to have the possibility of higher returns you must take on additional risk, and if you are not willing to take on additional risk you will have to …
At some point, it’s likely that you will have this question: should you manage your investments yourself or should you hire a professional to help? Since I am an investment manager, you can probably guess my bias, but I do believe that working with a professional financial advisor is best choice for most people. However, …
Perhaps the most critical decision to make when building an investment portfolio is asset allocation. A paper published in 1986 asserted that asset allocation is the number one driver of a portfolio’s return. The selection of individual investments within that portfolio, and timing of the market are not nearly as consequential. The difference they found in their study …
When investing at all-time highs, some wonder if the markets can continue to go up in value or if there is an inevitable drop coming. Those who fear a drop have basically two options: 1) stay the course; or 2) employ a strategy that will pay off if there is drop in the market. Today’s …
Key Takeaways Converting a portion of your traditional IRA accounts to Roth IRA accounts can significantly reduce your overall tax bill in retirement. The timing and amount of these partial conversions are critical and unique to each person. The best time to convert to a Roth is often between the ages of 60 and 72, …
The 2017 Tax Cuts and Jobs Act doubled the standard deduction from about $12,000 to $24,000 for a married couple filing jointly. This essentially eliminates the tax benefit of charitable giving for those who now take the standard deduction. Fortunately, there is a way that you can continue to receive tax benefits for your charitable …
There has been a lot of talk recently about inflation. How will inflation impact your retirement and are there steps you can take today to combat that risk? How to Listen to Today’s Episode Topics Discussed: Is Inflation a Threat? Historical inflation rates Recent inflation rates Different types of inflation Why inflation impacts some people …
It’s very possible to have a higher tax bill in retirement than you did as a working professional. However, there are steps you can take today to lower these retirement taxes. How to Listen to Today’s Episode Topics Discussed: How to Lower Taxes in Retirement Required Minimum Distributions (RMDs) Social Security Pensions Interest and Dividends …
