What's one of the biggest barriers to successfully transferring wealth to the next generation? Family fighting. Kimberly Foss joins Fox40 to share three ways family leaders can avoid conflict and complexity when navigating the process, while ensuring their wealth is passed down according to their wishes.
Save early and often. Partner with a trusted financial advisor. There are certain best practices that all investors should follow when planning for a successful retirement — but they are even more important for single women. From taking an aggressive stance on investing to exploring long-term care insurance, Kimberly Foss sits down with Fox40 to share how single women can plan for a secure, sustainable retirement.
Retirement is an important personal milestone that requires ample financial preparation. But the reality is that most people don't prioritize saving until it's too late. Kimberly Foss joins Fox40 to share three simple strategies to help you get a leg up on your retirement savings, including boosting your 401(k) contributions, opening a health savings account (HSA) and leveraging the mega backdoor Roth strategy.
Kimberly Foss joins Cavuto on Fox Business to discuss what markets are saying after a volatile December, a government shutdown entering its fourth week, and a China trade deal looming on the horizon.
For many of us, the start of the new year means taking steps toward personal improvements. Kimberly Foss joins Fox 40 to share three easy ways to save money and get fit, including how to avoid unused gym memberships, putting a price tag on weight loss, and how a savings resolution can help.
Kimberly Foss joins Fox 40 to discuss social security facts that matter, like how 20% of married couples and 45% of single retirees depend on it alone as their main source of income during retirement.
The Fed raised interest rates again, and the Dow closed at its lowest point in 2018. With the benchmark interest rate upped a quarter-percentage point to a range between 2.25-2.5%, it will cost more to borrow money and that will affect everything from mortgages to credit card spending. Kimberly Foss joins Fox Business to talk about what this will mean for investors and what to expect in 2019.
Due to the new tax law in effect for 2018, federal income tax rates for some individuals and couples may be at historically lower levels. Since Roth IRAs grow tax free and have tax-free qualified withdrawals, now may be a good time for some to consider converting traditional IRAs to Roth status. Kimberly Foss joins Fox 40 to break down the specifics.
The stock market has experienced some volatility recently, with geopolitical tensions on trade exacerbating normal fluctuations for investors’ portfolios. Kimberly Foss joins Yahoo Finance to talk markets and tariffs, sharing how “trying to time the market really is a loser’s game.” Instead, she notes, investors should focus on broad diversification, asset allocation, and rebalancing.