David Rae

1 week ago | forbes.com | David Rae

What you need to know about the ROTH IRA today to help avoid running out of money in retirement. gettyRoth IRAs have been around for more than 20 years, and many people may have forgotten or never learned about how valuable they can be. Even small contributions over time can translate into a substantial amount of tax-free income throughout your retirement.

2 weeks ago | forbes.com | David Rae

You don't have to shop on rodeo drive or drive a rolls royce to become a multi-millionaire. gettyIf becoming a multi-millionaire were easy, everyone would be doing it. There are over 22 million millionaires in the US, and likely many more on the path to reaching this level of wealth. The numbers get smaller as you move up the net worth scale. I want to share with you 12 hurdles you will need to overcome if you wish to become a multi-millionaire yourself.

1 month ago | forbes.com | David Rae

Taxes are often one of the biggest expenses retirees incur. With our progressive tax system, theoretically, the more you make, the more taxes you must pay. One of the biggest exceptions is income in your Roth IRA. Keep reading as we share how you can save $70,000 or more in this type of retirement account every year. This retirement income strategy could make you a Roth IRA millionaire.

1 month ago | forbes.com | David Rae

If you’re looking to grow your retirement savings, a 401(k) can be a game-changer—but what if your employer doesn’t offer one or what if you don’t have an employer at all? Let’s break it down and explore your options for securing a rock-solid financial future. The options will vary depending on if you are self-employed or just working for a business that does not offer a 401(k) or other retirement account. How Does A 401(k) Work To Help Save For Retirement?

1 month ago | advisorstream.com | David Rae |Ron Phillips

David Rae, Contributor May 1, 2025 Your 40s are all about maximizing your earnings, minimizing taxes and setting yourself up for financial independence. Here are nine fabulous moves to make now. Suppose you’re in your forties, earning over $250,000 a year and dreaming of an early retirement, congratulations. In that case, you’re in a prime position to make strategic moves to supercharge your wealth and minimize your tax burden.