Category: Retirement
Some people believe the system of retirement in the U.S. is coming to an end. The generally accepted concept is that as Americans live longer, the health system will be strained but that theory is being disputed as Nautilus discusses in “Retiring Retirement.” Some people believe we are on the verge of many scientific and […]
Government recommendations may fix retirement but larger tax bills may loom. A bipartisan commission has come up with some proposals that may ease the problems of retirement but that fix may not be easy, according to Bloomberg in “High Earners Are Going to Hate These Retirement Proposals.” Since not everyone plans for a comfortable retirement, […]
With millions of Americans woefully unprepared financially for retirement, many have come up with a workaround for not putting away a big enough nest egg. They plan on inheriting enough to pay the bills when they stop working. But what if the older generations don’t leave inheritances behind? Uh-oh. A recent retirement survey included 1,000 […]
You already may have resolved to create and monitor your business plan and develop a succession plan for your business. The first part of the resolution is fairly easy to achieve. After all, everyone with a business needs a business plan. But few of us really consider what would happen to our business – and our […]
Identifying a successor is the first step in the planning process. Many owners of family businesses turn to an adult child, a grandchild or other relative to take over the reins. Have you thought about what will happen to your business in the future? Although it’s not an easy decision, the initial step in the […]
When it comes to retirement investing, the dangerous moving part is — you. According to a recent Forbes article titled “Avoid This Common And Dangerous Retirement Blunder“, when the retirement account balance hits a large figure like $100,000, people begin to think about borrowing against their 401(k) for a new car or a vacation. That […]
Around 60 percent of those surveyed described themselves as “terrified” of what health care costs could potentially do to their retirement plans. But one thing they did not do was turn to their financial advisors for help with this issue. In fact, a solid majority – 59 percent – of the respondents said that most […]
Sometimes having a plan that isn’t current is worse than not having a plan at all. Have you checked in on your estate plan recently? The wrong executors or trustees can wreak havoc on even the best estate plan. Those whom you designate to act for you under either a financial or medical power of […]
Many people spend years planning for retirement and think they have it all figured out, until they actually retire. Think you got your retirement all figured out? Just to be sure, review these retirement myths to get the real deal on your golden years. You’ll probably retire earlier than expected. Although this sounds like a […]
Sometimes we have to think about the not-so-fun things so we can enjoy the fun ones. Who wants to talk about money? How about planning? These topics may not be on your list of fun conversation starters. An article on kjrh.com explores some grownup topics most of us would rather put off until sometime later. […]
