---
title: Creekmur Wealth Advisors | Creekmur Wealth Advisors (7)
description: We help create true wealth and retirement income strategies for people in or nearing retirement so their retirement income lasts as long as they do. (7)
---

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## Educate, Encourage, Empower

## Creekmur Wealth Advisors

### Recent Posts

## [Why Roth IRA Conversions May Now Be Advantageous](https://blog.creekmurwealth.com/blog/whyrothiraconversionsmaynowbeadvantageous)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 10:42 AM on September 17, 2020

[![](https://blog.creekmurwealth.com/hubfs/cs%20Roth%20IRA%20.jpg)](https://blog.creekmurwealth.com/blog/whyrothiraconversionsmaynowbeadvantageous)

## *Thanks to a couple of factors, some investors are thinking about this move before 2020 ends.*

Roth IRAs have attracted retirement savers since their introduction in 1998. They offer the potential for tax-free retirement income, provided Internal Revenue Service rules are followed.

Do Roth IRAs seem even more attractive these days? Perhaps. You can cite two factors: current tax rates and the passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act.

Roth IRAs differ from traditional IRAs. Typically, distributions from traditional IRAs must start once you reach age 72, and the money distributed is taxed as ordinary income. When distributions are taken before age 59½,   

[Read More](https://blog.creekmurwealth.com/blog/whyrothiraconversionsmaynowbeadvantageous)

 0 Comments [Click here to read/write comments](https://blog.creekmurwealth.com/blog/whyrothiraconversionsmaynowbeadvantageous#comments-listing)

 Topics: [Investing](https://blog.creekmurwealth.com/blog/tag/investing), [Retirement](https://blog.creekmurwealth.com/blog/tag/retirement), [Roth Conversions](https://blog.creekmurwealth.com/blog/tag/roth-conversions), [Roth IRA](https://blog.creekmurwealth.com/blog/tag/roth-ira)

## [Dow 30 Changes Its Starting Lineup](https://blog.creekmurwealth.com/blog/dow30changesitsstartinglineup)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 2:41 PM on September 10, 2020

[![](https://blog.creekmurwealth.com/hubfs/Dow%20Jones%20cs34174443.jpg)](https://blog.creekmurwealth.com/blog/dow30changesitsstartinglineup)

## *What you should know about the change.*

The Dow Jones Industrial Average (DJIA), one of the most widely followed stock market indices, has made some key changes to its starting lineup.

Salesforce.com, Amgen Inc., and Honeywell International Inc. have replaced Exxon Mobil Corp., Pfizer Inc., and Raytheon Technologies Corp. The change went into effect before the market opened on Monday, August 31.1  

[Read More](https://blog.creekmurwealth.com/blog/dow30changesitsstartinglineup)

 0 Comments [Click here to read/write comments](https://blog.creekmurwealth.com/blog/dow30changesitsstartinglineup#comments-listing)

 Topics: [Investing](https://blog.creekmurwealth.com/blog/tag/investing), [Retirement](https://blog.creekmurwealth.com/blog/tag/retirement), [Stock Market](https://blog.creekmurwealth.com/blog/tag/stock-market)

## [Conquering Retirement Challenges for Women](https://blog.creekmurwealth.com/blog/conqueringretirementchallengesforwomen)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 7:22 AM on September 3, 2020

[![](https://blog.creekmurwealth.com/hubfs/canstockphoto15357561.jpg)](https://blog.creekmurwealth.com/blog/conqueringretirementchallengesforwomen)

## *Looking ahead can help you conquer these unique obstacles.*

When it comes to retirement, some women face obstacles that can make saving for retirement a challenge. Women typically earn less than their male counterparts and often take time out of the workforce to care for children or other family members. Added to the fact that women typically live longer than men, retirement money for women may need to stretch even further.1

Despite these challenges, there are a lot of reasons to be hopeful.2

[Read More](https://blog.creekmurwealth.com/blog/conqueringretirementchallengesforwomen)

 0 Comments [Click here to read/write comments](https://blog.creekmurwealth.com/blog/conqueringretirementchallengesforwomen#comments-listing)

 Topics: [Working Women](https://blog.creekmurwealth.com/blog/tag/working-women), [Financial Planning](https://blog.creekmurwealth.com/blog/tag/financial-planning), [Retirement](https://blog.creekmurwealth.com/blog/tag/retirement)

## [Get Your FAFSA Ready](https://blog.creekmurwealth.com/blog/getyourfafsaready)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 11:12 AM on August 27, 2020

[![](https://blog.creekmurwealth.com/hubfs/FAFSA%20on%20table%20CS57852350%20fb.jpg)](https://blog.creekmurwealth.com/blog/getyourfafsaready)

## *The application window for federal student loans opens on October 1.*

**Mark this date on your calendar: October 1.** That is the day when current and future traditional college students can start submitting the Free Application for Federal Student Aid (FAFSA) for the 2021-22 school year. For many students, the FAFSA is frequently the gateway to significant financial aid: federal and state student loans, grants, university scholarships, and work-study programs.1

**FAFSAs should be sent in as soon as possible.** The closer to “opening day” (October 1) you can do it, the better. Some states offer aid on a first-come, first-serve basis, and some universities set fall deadlines for financial aid requests.1,2

[Read More](https://blog.creekmurwealth.com/blog/getyourfafsaready)

 0 Comments [Click here to read/write comments](https://blog.creekmurwealth.com/blog/getyourfafsaready#comments-listing)

 Topics: [College Planning](https://blog.creekmurwealth.com/blog/tag/college-planning), [FAFSA](https://blog.creekmurwealth.com/blog/tag/fafsa)

## [What Are Stock Splits?](https://blog.creekmurwealth.com/blog/whatarestocksplits)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 10:15 AM on August 20, 2020

[![](https://blog.creekmurwealth.com/hubfs/Stock%20Split%20CS%2052007640.jpg)](https://blog.creekmurwealth.com/blog/whatarestocksplits)

## *Here’s what you need to know.*

Two high-profile companies—Apple and Tesla—have announced stock splits in the past few weeks, which makes it a great time to discuss what’s involved when a company announces a stock split.

Remember, any companies mentioned are for illustrative purposes only. It should not be considered a solicitation for the purchase or sale of the securities. Any investment should be consistent with your objectives, timeframe, and risk tolerance.

[Read More](https://blog.creekmurwealth.com/blog/whatarestocksplits)

 0 Comments [Click here to read/write comments](https://blog.creekmurwealth.com/blog/whatarestocksplits#comments-listing)

 Topics: [Investing](https://blog.creekmurwealth.com/blog/tag/investing), [Stocks](https://blog.creekmurwealth.com/blog/tag/stocks)

## [How Much Money Will You Need for Retirement?](https://blog.creekmurwealth.com/blog/howmuchmoneywillyouneedforretirement)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 7:15 AM on August 13, 2020

[![](https://blog.creekmurwealth.com/hubfs/Money%20Time%20Bullseye%20cs%2048528409.jpg)](https://blog.creekmurwealth.com/blog/howmuchmoneywillyouneedforretirement)

## *It depends on your goals, time horizon, and risk tolerance..*

"Will I outlive my retirement money?" That's one of the top fears for people who are starting to prepare for their retirement years.

So I have to chuckle a bit when I see headlines that say, "Here's how much money Americans think they need to retire comfortably."1

[Read More](https://blog.creekmurwealth.com/blog/howmuchmoneywillyouneedforretirement)

 0 Comments [Click here to read/write comments](https://blog.creekmurwealth.com/blog/howmuchmoneywillyouneedforretirement#comments-listing)

 Topics: [Financial Planning](https://blog.creekmurwealth.com/blog/tag/financial-planning), [Investing](https://blog.creekmurwealth.com/blog/tag/investing), [Retirement](https://blog.creekmurwealth.com/blog/tag/retirement)

## [Starting a Roth IRA for a Teen](https://blog.creekmurwealth.com/blog/startingarothiraforateen)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 4:00 PM on July 30, 2020

[![](https://blog.creekmurwealth.com/hubfs/Teen%20with%20Grandparents%20CS1106864.jpg)](https://blog.creekmurwealth.com/blog/startingarothiraforateen)

## *This early financial decision could prove helpful over time.*

Want to give your child or grandchild a great financial start? A Roth IRA might be a choice to consider. There are many reasons why starting a Roth IRA for a teenager may be a sound financial strategy. Read on to learn more about how doing this may benefit both of you.

**Tax-free benefits during retirement**. Setting up a Roth IRA for the teenager in your life could prime them to have more retirement savings. Plus, a Roth IRA has the potential to accumulate over the years, and the owner may be able to better manage their tax burden if they withdraw the money after age 59½.1

[Read More](https://blog.creekmurwealth.com/blog/startingarothiraforateen)

 0 Comments [Click here to read/write comments](https://blog.creekmurwealth.com/blog/startingarothiraforateen#comments-listing)

 Topics: [Financial Planning](https://blog.creekmurwealth.com/blog/tag/financial-planning), [Investing](https://blog.creekmurwealth.com/blog/tag/investing), [Leaving a Legacy](https://blog.creekmurwealth.com/blog/tag/leaving-a-legacy), [Roth IRA](https://blog.creekmurwealth.com/blog/tag/roth-ira)

## [Who Is Your Trusted Contact?](https://blog.creekmurwealth.com/blog/whoisyourtrustedcontact)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 1:58 PM on July 9, 2020

[![](https://blog.creekmurwealth.com/hubfs/canstockphoto26289898.jpg)](https://blog.creekmurwealth.com/blog/whoisyourtrustedcontact)

## *This vital investment account question should be answered sooner rather than later.*

**Investment firms have a client service requirement.** They must ask you if you would like to provide the name and information of a trusted contact.1

You do not have to supply this information, but it is encouraged. The request is made with your best interest in mind – and to lower the risk of someone crooked attempting to make investment decisions on your behalf.1

[Read More](https://blog.creekmurwealth.com/blog/whoisyourtrustedcontact)

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 Topics: [Financial Planning](https://blog.creekmurwealth.com/blog/tag/financial-planning), [Investing](https://blog.creekmurwealth.com/blog/tag/investing), [Trusted Contact](https://blog.creekmurwealth.com/blog/tag/trusted-contact)

## [A Roth IRA's Many Benefits](https://blog.creekmurwealth.com/blog/arothirasmanybenefits)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 1:28 PM on June 25, 2020

[![](https://blog.creekmurwealth.com/hubfs/traditiona-roth-ira.jpg)](https://blog.creekmurwealth.com/blog/arothirasmanybenefits)

## Why do so many people choose them over traditional IRAs?

**The IRA that changed the whole retirement savings perspective.** Since the Roth IRA was introduced in 1998, its popularity has soared. It has become a fixture in many retirement planning strategies because it offers savers so many potential advantages.

The key argument for going Roth can be summed up in a sentence: **Paying taxes on your retirement contributions today may be better than paying taxes on your retirement savings tomorrow.**

Think about it. Would you rather pay taxes today or wait 10 years and see where the tax rates end up? With that in question in mind, here are some of the potential benefits associated with opening and contributing to a Roth IRA.

[Read More](https://blog.creekmurwealth.com/blog/arothirasmanybenefits)

 0 Comments [Click here to read/write comments](https://blog.creekmurwealth.com/blog/arothirasmanybenefits#comments-listing)

 Topics: [Financial Planning](https://blog.creekmurwealth.com/blog/tag/financial-planning), [Investing](https://blog.creekmurwealth.com/blog/tag/investing), [IRA](https://blog.creekmurwealth.com/blog/tag/ira), [Roth IRA](https://blog.creekmurwealth.com/blog/tag/roth-ira)

## [The Chances of Totally Cashing Out](https://blog.creekmurwealth.com/blog/thechancesoftotallycashingout)

 Posted by [Creekmur Wealth Advisors](https://blog.creekmurwealth.com/blog/author/creekmur-wealth-advisors) on 11:40 AM on June 19, 2020

[![](https://blog.creekmurwealth.com/hubfs/midlife-money-errors.png)](https://blog.creekmurwealth.com/blog/thechancesoftotallycashingout)

Perhaps you know someone who carries no cash. Maybe that someone is you. Ten or 15 years ago, it would have been anomalous and occasionally frustrating to go through the day without any bills or coins on you. Now, not so much.

 

In 2018, Americans used debit cards more than cash at the point of sale for the first time, according to a Federal Reserve survey. This year, many merchants have encouraged cashless payments to discourage money from changing hands, an effort to reduce the threat of COVID-19 transmission.

[Read More](https://blog.creekmurwealth.com/blog/thechancesoftotallycashingout)

 0 Comments [Click here to read/write comments](https://blog.creekmurwealth.com/blog/thechancesoftotallycashingout#comments-listing)

 Topics: [Credit Card use](https://blog.creekmurwealth.com/blog/tag/credit-card-use), [saving and investing](https://blog.creekmurwealth.com/blog/tag/saving-and-investing)

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- [Form 1099 (1)](https://blog.creekmurwealth.com/blog/tag/form-1099)
- [Fraudsters preying on Boomers and Elders (1)](https://blog.creekmurwealth.com/blog/tag/fraudsters-preying-on-boomers-and-elders)
- [Good Credit (1)](https://blog.creekmurwealth.com/blog/tag/good-credit)
- [Grandkids (1)](https://blog.creekmurwealth.com/blog/tag/grandkids)
- [Grandparents day (1)](https://blog.creekmurwealth.com/blog/tag/grandparents-day)
- [Homeowners (1)](https://blog.creekmurwealth.com/blog/tag/homeowners)
- [Inheritance (1)](https://blog.creekmurwealth.com/blog/tag/inheritance)
- [Legacy Assets (1)](https://blog.creekmurwealth.com/blog/tag/legacy-assets)
- [Legacy Planning (1)](https://blog.creekmurwealth.com/blog/tag/legacy-planning)
- [Lessons Learned (1)](https://blog.creekmurwealth.com/blog/tag/lessons-learned)
- [Marriage (1)](https://blog.creekmurwealth.com/blog/tag/marriage)
- [Medigap insurance (1)](https://blog.creekmurwealth.com/blog/tag/medigap-insurance)
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- [Memory Disorders (1)](https://blog.creekmurwealth.com/blog/tag/memory-disorders)
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- [Misconceptions about Medicare coverage (1)](https://blog.creekmurwealth.com/blog/tag/misconceptions-about-medicare-coverage)
- [News (1)](https://blog.creekmurwealth.com/blog/tag/news)
- [Privacy Protection (1)](https://blog.creekmurwealth.com/blog/tag/privacy-protection)
- [Roth 401k vs 401k (1)](https://blog.creekmurwealth.com/blog/tag/roth-401k-vs-401k)
- [Save (1)](https://blog.creekmurwealth.com/blog/tag/save)
- [Simple Retirement (1)](https://blog.creekmurwealth.com/blog/tag/simple-retirement)
- [Snowball effect (1)](https://blog.creekmurwealth.com/blog/tag/snowball-effect)
- [Stocks (1)](https://blog.creekmurwealth.com/blog/tag/stocks)
- [Successive Investment (1)](https://blog.creekmurwealth.com/blog/tag/successive-investment)
- [Tariffs (1)](https://blog.creekmurwealth.com/blog/tag/tariffs)
- [Tax defferred growth (1)](https://blog.creekmurwealth.com/blog/tag/tax-defferred-growth)
- [Teachers savings plan (1)](https://blog.creekmurwealth.com/blog/tag/teachers-savings-plan)
- [Team Approach (1)](https://blog.creekmurwealth.com/blog/tag/team-approach)
- [Trusted Contact (1)](https://blog.creekmurwealth.com/blog/tag/trusted-contact)
- [UFADDA (1)](https://blog.creekmurwealth.com/blog/tag/ufadda)
- [UTMA account (1)](https://blog.creekmurwealth.com/blog/tag/utma-account)
- [Uniting Personal Finances (1)](https://blog.creekmurwealth.com/blog/tag/uniting-personal-finances)
- [Wall Street Shocks (1)](https://blog.creekmurwealth.com/blog/tag/wall-street-shocks)
- [Women Investors (1)](https://blog.creekmurwealth.com/blog/tag/women-investors)
- [asset map (1)](https://blog.creekmurwealth.com/blog/tag/asset-map)
- [bull market (1)](https://blog.creekmurwealth.com/blog/tag/bull-market)
- [charitable donations (1)](https://blog.creekmurwealth.com/blog/tag/charitable-donations)
- [compounded interest (1)](https://blog.creekmurwealth.com/blog/tag/compounded-interest)
- [consumer debt (1)](https://blog.creekmurwealth.com/blog/tag/consumer-debt)
- [creating trust fund (1)](https://blog.creekmurwealth.com/blog/tag/creating-trust-fund)
- [cryptocurrency (1)](https://blog.creekmurwealth.com/blog/tag/cryptocurrency)
- [dollar cost averaging (1)](https://blog.creekmurwealth.com/blog/tag/dollar-cost-averaging)
- [emergency fund (1)](https://blog.creekmurwealth.com/blog/tag/emergency-fund)
- [get my credit score reviewed (1)](https://blog.creekmurwealth.com/blog/tag/get-my-credit-score-reviewed)
- [getting out of debt (1)](https://blog.creekmurwealth.com/blog/tag/getting-out-of-debt)
- [getting started (1)](https://blog.creekmurwealth.com/blog/tag/getting-started)
- [gold (1)](https://blog.creekmurwealth.com/blog/tag/gold)
- [grandchild education (1)](https://blog.creekmurwealth.com/blog/tag/grandchild-education)
- [identity theft (1)](https://blog.creekmurwealth.com/blog/tag/identity-theft)
- [impact of presidential elections (1)](https://blog.creekmurwealth.com/blog/tag/impact-of-presidential-elections)
- [paying off debt (1)](https://blog.creekmurwealth.com/blog/tag/paying-off-debt)
- [power of compounding (1)](https://blog.creekmurwealth.com/blog/tag/power-of-compounding)
- [risk of Alzheimers (1)](https://blog.creekmurwealth.com/blog/tag/risk-of-alzheimers)
- [rollover (1)](https://blog.creekmurwealth.com/blog/tag/rollover)
- [save early (1)](https://blog.creekmurwealth.com/blog/tag/save-early)
- [self-employed (1)](https://blog.creekmurwealth.com/blog/tag/self-employed)
- [volatility (1)](https://blog.creekmurwealth.com/blog/tag/volatility)
- [watch for Elder scams (1)](https://blog.creekmurwealth.com/blog/tag/watch-for-elder-scams)

See all

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