Is There More to the World than Index Funds?

Nest Egg Guru co-founder, J.R. Robinson’s latest article has been published on Investopedia. In this piece, he explains how including individual bonds and stocks in one’s portfolio may have benefits beyond just investing in index funds. The article may be found at the following link - The Benefits of Investing in More Than Index Funds . Financial Advisors may also wish to check out his May 22nd article in Advisor Perspectives, entitled Why The Future is Bright for AUM-Based Advisors. The article explores conflicts of interest in different financial advisor compensation models and suggests that it is easier

Read More

NestEggGuru XY Planning Network Live Stream

In the above video, J.R. Robinson is discussing with XY Planning Network how NestEggGuru is changing the current landscape of FinTech and creating a whole new landscape as well. These are exciting times to be involved in such a field and NestEggGuru is more than excited to be showcasing our capabilities, differentiation amongst competitors, and how NestEggGuru can better the financial planning process overall. Enjoy!

Read More

Why Dan Solin’s Gloomy Outlook for Financial Advisors is Misguided

Over the past several months, Dan Solin, a best-selling author and highly regarded coach to financial advisors, has been sounding off in Advisor Perspectives about disruption in the financial advice profession (see article links below). Five Reasons Your Asset-Based Fee Model Won’t Survive (11/14/16) Five More Reasons the Asset-Based Fee Model Won’t Survive (11/21/16) New Developments Imperil Your AUM Fee Model (12/26/16) New Threats to the AUM-Fee Model (1/24/17) Don’t be Misled by Studies on the Value Advisors Add (4/24/17) Are you Oblivious to Fee Compression? (5/

Read More

Seasons Don’t Fear the Robo: Why Reports of the Death of the Financial Planning Profession Are Greatly Exaggerated

Note: This piece extolls the virtues of financial planners and was originally published on Nest Egg Guru co-founder J.R. Robinson’s Financial Planning Hawaii website. "We were in Chattanooga when the GPS told us to turn right on Mililiter King. The street was ML King." - Reader's Digest Scarcely a day goes by when I don’t see a headline in the mainstream news about the threat of technology to the jobs of American workers. To be sure, advancements in automation and artificial intelligence are disrupting industries from fast food to financial services. The rise of automated investment platforms

Read More

The Determinants of Nest Egg Sustainability

The April Issue of Journal of Financial Planning features the latest research paper from Nest Egg Guru co-founders, Jack DeJong, Jr. PhD, CFA and J.R. Robinson. The paper was a Finalist in the JFP’s annual academic research competition and was presented at the FPA Conference in Baltimore last September. It is the 4th paper on retirement income sustainability published by the duo. Previous research submissions have won the CFP Board of Standards and International Foundation for Retirement Education (InFRE) Best Paper awards and have been published in Financial Services Review, Journal of Wealth Management, and Retirement Management Journal.

Read More

Retiring Early to Take Care of My Parents; Good Idea?

When evaluating this question from a financial planning perspective, it can be tricky to answer, as you will end up with a significant decrease in available funds when approaching retirement age within your Social Security and possibly within your general savings; due to spending more than you save. Your Social Security benefits are calculated based on the indexed average of your highest earning years. Many Americans earn the most in their last 15-20 years of working. With your situation, all of those zeros calculated within the indexed average will significantly reduce your Social Security benefits. Due to you no longer

Read More

"I'm Nearing Retirement, What Should I Do with My Income?"

A direct answer would be this: your conversion of your IRA from brokerage to Roth IRA will be taxed just the same as your standard income. This will be determined by the marginal tax bracket you fall under. When you're continuing to work and have income you've earned from said work, it will be a sound choice to postpone your conversion of your IRA until you retire (having less taxable income at that time). However, if your tax advisor proposes that you may be able to convert a portion of your IRA for this year at low, marginal tax rate

Read More

Can I contribute $6,500 to my Traditional IRA and another $6,500 to my Roth IRA in same year?

Unfortunately, no. You are able to contribute a total amount of $6,500 between both your Roth IRA and your traditional IRA within the same tax year as long as the participating party, you, are 50 years of age or older ($5,500 for individuals below 50 years of age). With that being said, there are ways around this stipulation and contribute to both IRAs in the same calendar year. If you choose to contribute to one or the other before the April filing deadline, it can be recognized for the previous year, yet the other contribution that was made

Read More

Should we contribute more to our 401k? Is a back door IRA right for us? These questions, answered...

This a great question that is commonly asked amongst the finance, investment, and retirement community. Back-Door Roth IRA can be a great way to work around the limitations imposed on the Roth IRA contributions in various situations. However, there are some facets that should be mentioned and those are that there are certain tax implications for individuals with existing IRAs. Another aspect to consider is that proper procedures should be implemented to document the initial non-deductible IRA contribution and the subsequent conversion. The only “catch” is this: if you end up converting a your non-deductible, Traditional IRA contribution to a

Read More

Nest Egg Guru Promotional Campaign

Nest Egg Guru wants to thank our friends at XY Planning Network for their amazing hospitality at the XYPN16 Conference in San Diego last month. The energy and enthusiasm of XYPN’s membership base is palpable. We were completely impressed! For the throngs of XYPN members who stopped by the Nest Egg Guru exhibitor’s booth, don’t forget to use the promo code “XYPN” to save $100 off the first year subscription price. With this code you will have unlimited use of your white label subscription to Nest Egg Gugu’s retirement savings and spending calculators for just $200.

Read More