It seems like every dollar you receive these days is taxable income. And with our country’s debt chances are tax rates will be going up sometime in your future! So, that creates some real concerns! The good news is that…
Your Money Your Retirement®! It’s not just the name of our radio show! It’s the driving force in our practice! Today, we’ll review one of the most important chapters in Linda’s book, Your Money Your Retirement, as we focus on…
Will your money last…how will inflation, future taxes and healthcare expenses impact your retirement? Will your loved ones be financially ok when you’re gone? Do you know where your retirement income is actually…
You’ve spent an entire career saving for retirement. The last thing you need at this stage of the game is to make a misstep, so you end up spending down your savings too quickly. How can you make sure you’ve done enough?
The process of properly setting things up for when you pass away is not fun, but very important to avoid issues with your estate. We don’t want a fight if we can avoid it.
Building your financial house is about creating a strong foundation for long term financial stability and independence. Just like constructing a home, it starts with a solid base, budgeting, saving, and managing debt before adding the walls and roof that represent investments, insurance, and long-term planning.
After years of diligent saving and investing, many people are thrilled to see their retirement accounts grow. And while that’s certainly an achievement worth celebrating, there’s a sobering reality to consider – Uncle Sam is patiently waiting to collect his share of every dollar you withdraw from those tax-deferred accounts.
Many people spend decades building their retirement nest egg, only to discover that having substantial savings isn’t enough. Just like a beautiful house needs a strong foundation to withstand storms, your retirement plan needs proper structuring to help preserve against the challenges ahead.
Some people spend decades diligently saving for retirement, watching their 401(k)s and IRAs grow. But here’s an important question many fail to ask: “How much of that money will I actually get to keep after taxes?” If you have a million dollars in your retirement account, Uncle Sam could be entitled to a significant amount of that, depending on your tax situation.
When building a house, you’d never start construction without a proper foundation. Yet surprisingly, some people approach retirement planning exactly that way, focusing on just one aspect while ignoring other crucial elements that help provide essential support and stability.
In the world of investments, two approaches often dominate the conversation: active vs. passive investing. It’s like choosing between a sports car that requires skilled handling or an SUV designed for a smoother, more predictable ride. How do you choose a financial strategy that’s right for your retirement journey?
As retirement approaches, a significant challenge emerges. How do you actually transform those savings into reliable monthly income? It’s a shift from earning a paycheck to creating your own “retirement paycheck” that needs to last a lifetime.
You’ve spent an entire career saving for retirement. The last thing you need at this stage of the game is to make a misstep, so you end up spending down your savings too quickly. How can you make sure you’ve done enough?
Retirement planning can feel like solving a complex puzzle every move matters.
When should you claim Social Security? How can you avoid triggering unnecessary taxes? What’s the smartest way to manage your retirement savings without costly missteps? Getting it right means fitting all the financial pieces together.
