Retirement
Social Security Claiming Mistakes Can Be Expensive.
Social Security claiming mistakes can result in more than just lost income; you might end-up paying thousands in extra taxes later!
November 8, 2021
Archive
IRAs
Do You Have A System for Managing Retirement Income?
Longevity risk is real. Accumulating assets for retirement was a lot easier than managing retirement income. Now you practically have to be an actuary to make sure your money doesn’t run out before you do!
October 22, 2021
IRAs
How Long Will Your Retirement Money Last?
Longevity risk is real. Accumulating assets for retirement was a lot easier than managing retirement income. Now you practically have to be an actuary to make sure your money doesn’t run out before you do!
October 21, 2021
IRAs
Can Your IRA Grow Too Big?
A Roth conversion for some IRA assets may provide more tax savings than you realize.
September 28, 2021
Retirement
Social Security Claiming Mistakes Mean Retirees Set To Lose $3.4 Trillion in Retirement Income.
Over half of all Americans expect to live a comfortable retirement and only one third think Social Security will be important to them.
September 14, 2021
Retirement
Social Security Report Indicates Benefit Cuts May Be On The Way.
The Social Security Board of Trustees released its annual report on the long-term financial status of the Social Security Trust Funds.
September 2, 2021
Family Issues
17 Unexpected Retirement Expenses
I wish I could take credit for this list, but I can’t. This is from the Society of Actuaries who outlined these unexpected or shocking expenses in its 2015 Risks and Process of Retirement Survey. I doubt it’s changed much since. Here they’re ranked by the likelihood of it happening.
July 23, 2021
Investing
Should You ALWAYS Wait to Claim Social Security Benefits?
There may be times when you might decide it’s worth claiming your Social Security benefits early!
July 15, 2021
Economy
Higher Taxes Ahead?
What could those tax hikes look like? Let’s consider the possibilities.
July 10, 2021
IRAs
When to Name a Trust as your IRA Beneficiary
IRAs are popular choices as a retirement vehicle, today holding over $11 trillion in assets, estimated to comprise more than one-third of all retirement assets. What’s interesting is that naming trusts as IRA beneficiaries has become more common.
June 24, 2021
