4 Smart Uses for RMDs
Retired? Taking Required Minimum Distributions now or soon to be? Then this is for you. What are Required Minimum Distributions or RMDs? At 70 1/2 you must take distributions from your IRA according to your life expectancy and the value... Read More →
No 401(k)? Here’s How to Save for Retirement
Are you one of the many people who don’t have a 401(k) at work? Wondering how in the world you’re going to save for retirement without one? Never fear, I have a few suggestions! There are a few really good... Read More →
Don’t Put off Retirement Savings to be Debt Free
I’ve always thought of being debt-free as the Holy Grail in personal finance. It’s a prize that can be nearly impossible to obtain. Yes there are some people that are debt free. I say congratulations, because it is quite an... Read More →
Think Halloween is Scary? Try Retirement
According to the clients I’ve worked with over the years…plenty. From losing your working income to rising healthcare costs. There’s a lot to make you jump like a teenager watching a scary movie. So what do current and future retirees... Read More →
Delay Retirement, But No Dirty Looks Please
It’s one of the dirtiest looks I get as a financial advisor. Well, maybe not that look. Why would anyone give me the evil eye you ask? I’ve completed a financial plan for an individual or a couple, and we... Read More →
Earn Too Much To Contribute To An IRA?
If you are a high income earner Traditional IRAs may be a bit frustrating. On one hand you have discretionary dollars to contribute, but on the other the extra income can often disqualify you from the tax break. That stinks! Here... Read More →
Not Counting on Social Security? Here Are 5 Alternatives
Every day we hear estimates about how much longer before Social Security runs out of money. Especially during elections. With the population living longer and more people collecting, it’s putting Social Security in a predicament. According to a study by... Read More →
10 Important Retirement Planning Deadlines
Retirement. It conjures up images of beaches and relaxing after years of hard work. Now you can collect Social Security and Medicare and qualify for an extra few benefits of being a senior citizen. Nothing in the world to worry... Read More →
It Can Pay To Delay…Social Security
Here’s a topic I haven’t written too much about – Social Security. It’s probably one of the most confusing things in all of finance. I frequently get questions like: “Should I take Social Security right away?” “Should I wait as... Read More →
Step-By-Step Instructions for Screwing Up Your Retirement
Retirement planning is something that every one of us will have to deal with at some point in our lives. Retirement is coming. It doesn’t matter if you retire with a nifty gold watch, or get tossed on your can... Read More →