What Retirees Can Do When Money Runs Short
Small living adjustments or an annuity can be an effective solution.
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Sheryl Rowling
Sheryl Rowling, CPA, is a columnist for Morningstar. Morningstar acquired her Total Rebalance Expert software platform in 2015. The opinions expressed in her work are her own and do not necessarily reflect the views of Morningstar.
More From Sheryl Rowling
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10 Financial Do's and Don'ts for Super Accumulators
Having substantial wealth is not a reason to skip retirement planning.
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Year-End Tax Planning During Uncertain Times
Tax laws are in flux, but investors can take these steps now.
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10 Financial Do's and Don'ts for a Six-Figure Retirement
Patch any holes in your savings bucket.
How to Make Retirement Savings Last When Life Gets in the Way
What to consider when you're approaching retirement and haven't met savings goals.
Morningstar Investment Conference--Exciting!
What I'm watching.
Should Insurance Be a Part of Your Financial Plan?
While you shouldn't pay for insurance you don't need, long-term-care and umbrella policies may make sense for some.
8 Financial Do's and Don'ts for the Seven-Figure Retirement
Spending your nest egg carefully is just as important as building it.
Good Savers Should Be Good Allocators When It Comes to Retirement Spending
Spending your nest egg carefully is just as important as building it.
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Finally, a Solution to the Limits on State and Local Tax Deductions
Pass-through entities emerge as a workaround for the SALT cap.
Wash Sale Challenge: What Is Substantially Identical?
The key to proper tax-loss harvesting comes down to "facts and circumstances."
What If Biden's Capital Gains Tax Is Retroactive?
The proposal’s fine print suggests the effective date could already be in the past.
With Biden Tax Proposals, Charitable Strategies Rise in Importance
Charitable giving might become the best way for wealthy investors to lower their taxes.
Biden's Capital Gains Tax Plan Could Mean Big Changes for Wealthy Investors
Most people don't need to worry, but pay attention if you think your income could ever top $1 million.
For a Tax Season Unlike Any Other, Check These Items Before Your Clients File
The American Rescue Plan includes some significant changes that can affect 2020 tax returns and planning for future years.
Prepping Clients for COVID-19 Tax Season
Here's how to address upcoming taxes for a variety of client situations.
How ESG Benefited My Clients in 2020
These selected sustainable funds held their own during a choppy year for the markets.
What Does the New Stimulus Bill Mean for Advisors and Clients?
What to expect.
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What May Be in Store for Taxes Under Biden
Vague tax proposals and a Senate runoff make tax planning difficult.
Year-End 2020 Tax-Planning Strategies
There likely will be tax changes next year under the new administration, but for now, we need to focus on what's already in front of us.
A Unique Solution for Concentrated Stock Positions
The ins and outs of exchange funds.
How To Help Your Client With Sudden Wealth
The side effects of suddenly coming into money.
The Morningstar Investment Conference Goes Digital!
Here's a rundown of the sessions that Sheryl Rowling is most excited about at this year's conference, which will take place on Sept. 16-17.
Keep Reminding Clients About the Importance of Being a Fiduciary
An advisor's job of educating clients about the benefits of working with a fiduciary is never done.
Do the CFP Board's New Standards of Conduct Go Far Enough?
The short answer is no. Here's why.
Striking the Balance: Using Rebalancing to Generate Cash Flow While Preserving Principal
How to find a proper balance in retirement.
Setting Fees That Serve Both Clients and the Advisor's Business During Market Turmoil
How best to bill advisory clients has been, and continues to be, a controversial topic–for good reason.
A New Role for Advisors: Helping Clients Find Financial Aid
Ways to guide your clients through this market.
Roth Conversions Can Be Even More Compelling in This Market
You may want to convert your IRA ASAP.
Practice Wise: Market Turmoil Is an Opportunity ... to Assess Your Own Practice
Advisors can use market stress as a time to revisit client risk capacity and client communications.