Retirement Planning

Preparing for Retirement Is Like Planning Your Summer

Summer is here, and whether you’re going to relax, visit friends, or take a trip, it’s important to consider how you will spend your time. As a kid, you probably looked forward to summer vacations where you had a break from responsibilities and your time was your own. Retirement is similar, except that it lasts [...]

2020-07-10T20:50:15+00:00July 10th, 2020|Retirement Planning|

The Pursuit of Freedom and Happiness in Retirement

Happy 244th birthday, America! The holiday is enough reason to celebrate, but after months of quarantine, seeing loved ones and spending time outside in the warm weather is even more reason to celebrate. One of the best things about retirement is freedom – you can choose what to do with your time and where you’ll [...]

2020-07-03T15:56:50+00:00July 3rd, 2020|Lifestyle, Retirement Planning|

3 Things to Know If You Plan on a Late Retirement

Retirement isn’t what it used to be: It’s typically longer and more active. Not everyone’s retirement will look the same, and not everyone’s has to. Maybe you’ll transition to part-time before fully retiring, or maybe you're looking forward to a second career doing something you love. 86% of Americans in their 50’s say they’ll work [...]

2020-07-02T20:52:36+00:00June 29th, 2020|Retirement Planning|

Low Interest Rates, Market Volatility, and Your Retirement

Planning for retirement is never a “set it and forget it” activity. There are unexpected disasters, market drops, and changing laws that invariably cause retirees to reevaluate their plans of action. Recently, market volatility and the Federal Reserve’s decision to cut interest rates may have you wondering how to respond. Here’s what to consider when [...]

2020-04-24T14:53:17+00:00April 10th, 2020|Retirement Planning, Stock Market|

3 Tips for Staying Put in Retirement

It’s easy to fall into the trap of following a script when it comes to retirement, especially if you’re unsure of how to create your own plan. This “script” can dictate a retirement age, lifestyle, and even important financial decisions. For example, many people assume that they should downsize in retirement or even move to [...]

2020-04-24T15:05:25+00:00March 20th, 2020|Lifestyle, Retirement Planning|

New Year, New Law Pt. 4: 4 Ways the SECURE Act Could Affect Your 401(k)

Here’s proof that funding retirement has changed: In 1970, 45% of private sector employees were covered by a pension plan.[1] Now, 4% are covered.[2] Pensions have largely been replaced by 401(k), IRAs, and similar retirement plans, and retirees must find a way to make their savings last throughout retirement. The SECURE Act responds to this changing [...]

2020-04-24T15:39:41+00:00January 31st, 2020|Estate Planning, Financial Planning, Retirement Planning|

New Year, New Law Pt. 3: 4 Ways the SECURE Act Makes Saving for Retirement Easier

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is a response to a changing retirement landscape: Americans are living and working longer, working part-time in retirement, and are less likely to have the option to rely solely on pensions. When personal savings must stretch further, it’s important for retirees to have a plan [...]

2020-04-24T15:42:26+00:00January 23rd, 2020|Retirement Planning|

New Year, New Law Pt. 2: Time to Review Your Estate Plan

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the biggest piece of retirement legislation to be passed in years. It will undoubtedly have a major effect on how many Americans approach retirement planning, and particularly estate planning. We’re covering these changes throughout the month and focusing on the elimination of ‘stretch’ IRAs [...]

2020-04-24T15:45:26+00:00January 17th, 2020|Estate Planning, Retirement Planning|

New Year, New Law: What’s in the Secure Act?

Donald Trump ended 2019 by signing a 2020 spending bill that includes the Setting Every Community Up for Retirement Enhancement (SECURE) Act. It’s the biggest piece of retirement legislation to be passed in years and it will undoubtedly have a major effect on how many Americans approach retirement and estate planning. This month we’ll cover [...]

2020-04-24T15:49:15+00:00January 10th, 2020|Financial Planning, Retirement Planning|