Bob Carlson

Bob Carlson is editor of the monthly newsletter and web site, Retirement Watch and managing member of Carlson Wealth Advisors, L.L.C. He also is Chairman of the Board of Trustees of the Fairfax County Employees' Retirement System, which has over $3 billion in assets, and was a member of the Board of Trustees of the Virginia Retirement System, which oversaw $42 billion in assets, from 2001-2005. He was appointed to the Virginia Retirement System Deferred Compensation Plans Advisory Committee in 2011.

His latest book is Personal Finance for Seniors for Dummies, published by John Wiley & Co. in 2010 (with Eric Tyson). Previous books include Invest Like a Fox…Not Like a Hedgehog, published by John Wiley & Co. in 2007, and The New Rules of Retirement, as published by John Wiley & Co. in the fall of 2004.

He has written numerous other books and reports, including Tax Wise Money Strategies, Retirement Tax Guide, How to Slash Your Mutual Fund Taxes, Bob Carlson’s Estate Planning Files, and 199 Loopholes That Survived tax Reform. He also has been interviewed by or quoted in numerous publications, including The Wall Street Journal, Reader's Digest, Barron's, AARP Bulletin, Money, Worth, Kiplinger’s Personal Finance, the Washington Post, and many others. He has appeared on national television and on a number of radio programs. He is past editor of Tax Wise Money.

 Carlson is an attorney and passed the CPA Exam. He received his J.D. and an M.S. (Accounting) from the University of Virginia and received his B.S. (Financial Management) from Clemson University. He also is an instrument rated private pilot. He is listed in several recent editions of Who's Who in America and Who's Who in the World.

Analyst Articles

In the wake of the latest tax law we need to revise and rethink some strategies about Roth IRAs, especially about converting traditional IRAs to Roth IRAs. Conversions have a trade off, and for some people the equation has changed under the new law. Read More

The estate and gift tax law finally is set, so there are no more excuses for procrastination and delay. It’s time to revise or begin what I like to call your inheritance planning or legacy planning. Read More

Will a bond portfolio or immediate annuities do a better job of providing secure lifetime income? This is the issue facing many people as they near or enter retirement and look for a floor on their income for life. Read More

We’re moving from a paper world to a digital world, and many people don’t realize how important digital assets are to their lives or how valuable they are. They also don’t understand the major problems and headaches they leave by not including digital assets in their estate plans. Read More

Paying for medical care is the greatest fear of retirees and pre-retirees. Curiously, most of them aren’t doing much about it. You’re going to have substantial out-of-pocket medical expenses in retirement. The average person covered by Medicare annually will pay more than $4,300, or $8,600 per couple, for out-of-pocket medical expenses Read More

Many people use the last part of the year to put their financial houses in order. Yet, one move many overlook is to create or revise their powers of attorney. Read More