Alterra Advisors

Backdoor Roth IRAs – What are they and are they worth it?

Roth IRAs are one of the few ways to build tax-free retirement income. And with a long retirement timeframe, they can build quite the snowball. As an example, $10,000 in a Roth IRA at age 30 earning 7.2% per year would double every 10 years, meaning you would have over $80,000 at age 60, or… Read More »

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Should I Pay Off My Mortgage Early?

I’m thinking of paying my mortgage off early. Being debt free would feel great, but is this a good strategy? Should I be investing those extra dollars instead?

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How to Enroll in Medicare when Turning 65

Turning 65? Medicare can be a daunting topic, but this guide should help understand your options and build your plan to successfully enroll!

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The Mega Backdoor Roth – A Hidden 401(k) Benefit

Microsoft led the way in a rarely utilized benefit within their 401(k) plan – the after-tax Roth conversion. And, slowly but surely, other companies are adopting this plan feature. So, how does it work, what other companies offer it and is it worth it?

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