Colorado Governor John Hickenlooper has declared November "Hire A Veteran First" Month. With Veterans Day on November 11 (observed November 12), November is a time to focus on connecting veterans with employers and with the training and resources that can lead to a good paying job.
Note: this article was originally published January 7, 2018, and has been updated to reflect current lottery jackpots.
Between the Mega Millions jackpot estimated at $1.6 billion, and the Powerball jackpot standing at over $600 million, many people are thinking about what they could do with the proceeds from a big win.
The IRS is coming - eventually - for the money in your 401(K) or Traditional IRA.
As a result, people who think they have $500,000 or $1 million stashed away for retirement will learn they have less than they realized once they start withdrawing the money and have to pay taxes on those withdrawals.
"It's not enough to simply save money and grow an IRA and 401(K)," says Troy Bender, president and CEO of Asset Retention Services Inc.
While some people in the retirement-planning stages worry about outliving their money, others have a different concern: that their money is outgrowing their investment advisor.
It's not unusual for the size of the client's investment to increase well beyond their advisor's level of experience and knowledge. Higher net-worth individuals often demand more creative, sophisticated planning for their needs than their original advisor is able to provide.