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 →
Retired or Retiring Soon? Hire a Financial Advisor
It can be a tough job. Us poor financial advisors sometimes get a bad wrap! We are made out to be less than honest in many commercials, advertisements and frankly by our own kind. But some of us aspire to... Read More →
401(k) Limit Updates
Every year someone asks me how much they can actually contribute to their 401(k). There seems to be a ton of confusion. Some 401(k) participants seem to think it’s a percentage. They are confused by the match percentage. Somehow they... Read More →
How Much Money Is Enough?
How much money is enough? Ah, the age-old question about money. I think most of us would answer there’s never enough. I know I never seem to have enough for all the things I want to do. When I consult... 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 →
Sudden Wealth From A Legal Settlement?
First, let’s define a Life Event. A life event is a significant event that is either expected or a complete surprise that will change your life. It can also come with significant financial changes as well. A legal settlement is... Read More →
Sudden Wealth From The Sale of Your Business?
Sooner or later every business owner wants to retire or just sell his business. For a business owner this is a huge life event. Some are very sure of their decision, while others can be hesitant. They have worked hard... Read More →
Sudden Wealth From Retirement?
You made it. You are retired. Your new job will be doing whatever you want! Sounds good, right? Retirement can be a wonderful time. It’s a Life Event that usually happens to each of us at some point. Life Events... Read More →
Sudden Wealth From A Property Sale?
You just sold it. That piece of property, land, family farm or house that you rent or inherited. You just experienced a Life Event. If you haven’t read any of my previous articles in this series, I’ll answer what is... 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 →