Our featured article of the month, 2021 Retirement Confidence Survey, illustrates just a slice of the immense amount of data EBRI tallied in their annual survey of retirement expectations. A summary of the 35 page report can be found HERE and an infographic on retiree spending can be found HERE. As stated in part of...
Our featured article of the month, Life Insurance with Extended-Care Riders, briefly touches on a topic of growing importance as our Boomer generation ages; funding Long Term Care. While the article uses the term "Extended Care", the terms are synonymous. Long Term Care (LTC) needs are expanding greatly as seniors live longer and medical advancements...
Our featured article of the month, Qualified Charitable Distributions, provides an introduction to a strategy that may help some retirees both donate to their favorite causes while providing some benefit to offset their RMD's impact on their taxes. With deductions getting more difficult to claim, this benefit is worth looking into if you have a...
Our featured article of the month, Retirement Seen Through Your Eyes, poses a few insightful questions on planning your future years. What will be your purpose? What accomplishes are you intent on fulfilling? What sparks your interest? Long gone are the days of depression era retiree ideas of lounging on the couch waiting for the...
Our featured article of the month, 2021 Off to a Fast Start, provides a quick summary on the most recent events that occurred during the first few weeks of this new year and the markets' reaction. With a new administration firmly in place, the excitement surrounding the festivities and related activities are expected to subside as the...
Our featured article of the month, 2021 Limits for IRAs, 401ks & More, serves more as a reminder of the contribution limits for retirement accounts along with information on some slight qualification adjustments. IRA contributions for 2020 would be due by the time you file your tax returns or April 15, 2021. For added clarity...
Our featured article of the month, The Financial Planning Process, outlines the six steps to creating a financial plan using the services of a CFP® professional. The CFP® Board Standards detail the expectations of a relationship between a client and their CFP® professional, providing a framework for the engagement. The standards are in place to...
Our featured article of the month, Annual Financial To-Do List, summarizes useful financial considerations that can be performed prior to year end. Since this year has looked different for many from a financial perspective, spending a little more time preparing tax related items may be even more beneficial. For instance, if you have had a...
Our featured article of the month, How Much Money Will You Need for Retirement, highlights the continued confusion by most Americans about their future retirement needs as well as headline trauma that helps contribute to the situation. It is accurate that many Americans are unsure how to structure their own retirement. They consistently have questions...
Our featured article of the month, Retirement 2020, outlines a brief Question & Answer (Q&A) format to better understand the changes to retirement related rules under two new provisions for 2020; the SECURE Act and the CARES Act. Our monthly newsletter from January highlighted some of the more significant changes of the SECURE Ac, it can...
