Category: Retirement Planning
“They are thinkers, taking the same traits, habits and vision that make them effective in running a company, and applying those to the way they manage their investment portfolios. These are the people who are smart, busy people and who take an active role in all of the different parts of their lives, leaving little […]
“Talking about money is hard. Talking to your parents about their financial situation can be even harder.” Despite any uncomfortable feelings, the sooner you start talking with your parents about their financial situation, and the more conversations you can have, the better, says Wisconsin Public Radio in the article “How To Talk To Your Parents […]
“We are programmed to contribute the “max” to our retirement accounts and we disregard, or do not understand, the pitfalls of an improperly filled-out beneficiary forms.” Ignore beneficiary forms at your and your heirs’ own peril, especially when there are minor children involved, is the message from TAPintoChatham.com’s recent article “Are You Read to Deal […]
“You probably anticipate living on a fixed income in retirement. However, you may not expect how much your spending will fluctuate. Many individuals tend to shell out more money at the outset of retirement, due to lifestyle adjustments or travel.” Starting retirement with a bang can make a big dent in your nest egg no […]
“Contemplation of retirement can be both exciting and intimidating. Obviously, planning for the beginning of retirement should start early.” While you may be thinking about retirement for a long time, with visions of tropical beaches or grand trips overseas, when the date starts to get closer, it’s time for some real analysis and planning, says […]
“During retirement or before, you probably did all the financial planning along with the legal paperwork. Have you also thought about personal choices as you age and the options ahead?” If you don’t have a personal plan for yourself, you may wish you had given it some thought when and if you come to an […]
“Talking about illness, death and taxes is not most people’s idea of a good time (except for us estate planners). That being said, there are times in life when it’s time to move updating your estate plan off the ‘to do’ list and on to the ‘done’ list. Here are those times:” Every estate planning […]
“Roth IRAs are powerful and flexible financial planning tools. They are also complex. As a result, many people aren’t familiar with all aspects of a Roth IRA.” There is a lot that most people don’t know about Roth IRAs, as detailed in the article “9 Surprising Facts About Roth IRAs” from the balance. Some of […]
“Retirement coach Sara Zeff Geber visited several Northern California assisted living facilities to interview ‘solo agers’—people, either single or coupled, who don’t have children to help them as they grow older.” She was a bit surprised when she couldn’t find any. She then realized that it’s the adult children who push their aging parents into […]
What is the right age for you to begin Social Security? There is a lot at stake when one signs up for Social Security, so it is wise to make a careful study of it before the time actually comes, according to The Denver Post in “Road to Retirement: When should you start taking Social […]
