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Retirement

Retirement

5 Retirement Concerns Too Often Overlooked

Baby boomers entering their “second acts” should think about these matters. Retirement is undeniably a major life and financial transition. Even so, baby boomers can run the risk of growing nonchalant about some of the financial challenges that retirement…

Retirement

Required Minimum Distributions 101

What you need to know about mandatory retirement account withdrawals. If you are approaching your seventies, get ready for required minimum distributions. You may soon have to take RMDs, as they are called, from one or more of your…

Retirement

Health Savings Accounts for Retirement

Why a Health Savings Account might be right for your retirement journey. If you have the chance to open a Health Savings Account (HSA), you might want to take a look. An HSA is a tax-advantaged account that you…

Retirement

Rehearse for Retirement

Retiring suddenly can be overwhelming. Try living as a “retiree” for a month or two before you commit to leaving your career. Imagine if you could preview your retirement in advance. In a sense, you can. Financially and mentally,…

Retirement

Are You Emotionally Ready to Retire?

Even those who have saved millions must prepare for a lifestyle adjustment. Retirement can be surprisingly stressful. You’re trading the familiarity and stimulation of a past  life for an unstructured life of redefinition. Entering retirement not only alters your…

Retirement

Retirement Preparation Mistakes

Why are they made again and again? Common mistakes that plague start-ups, family businesses, corporations, and charities seem impossible to avoid. But here’s the catch: mistakes are a fact of life, as stated by Nikki Giovanni, an American poet.…

Retirement

RMDs Get a Small Reprieve

2022 brings new life expectancy tables. For the first time in nearly 20 years, the IRS has released updated actuarial or life expectancy tables. Those who take required minimum withdrawals (RMD) from retirement accounts may already know we use…

Retirement

Wise Decisions with Retirement in Mind

Certain financial & lifestyle choices may lead you toward a better future. Some retirees succeed at realizing the life they want; others don’t. Fate aside, it isn’t merely a matter of investment decisions that makes the difference. There are…