If you’re a Disney employee over 50, you might be wondering about the final stretch of your career and how to best prepare for retirement. Whether you’re planning to retire in your late 50s, 60s, or beyond, understanding how to maximize your savings during these crucial years can make a significant difference in your financial…
Read more
“Don’t do that. That’s the worst way to do it.” What was I talking about? Charitable giving. My client was writing checks to his church directly from his personal account. Admirable, but he was doing it with after-tax income when he had several better options available. These alternatives would benefit the church just as much…
Read more
When you’re working, getting paid is straightforward. You work for a company, and every week or two weeks, you receive a paycheck. But what happens when you retire? How do you create a “retirement paycheck” to fund your lifestyle, travel plans, home improvements, family visits, and even basic needs like food? The logistics of generating…
Read more
Many people tell me, “I’m just going to take Social Security as soon as possible because I don’t know if it’s going to be around. I don’t know if I’m going to be around, and I just want to take it right when I retire.” I certainly understand this thought process. It’s a realistic view…
Read more
Probably shouldn’t have done that. That’s what went through my mind during a recent conversation with a prospective client. She was approaching retirement after working at Disney for many years and told me about changes she’d made to her investment allocation within her 401(k). Those changes potentially cost her thousands of dollars. I tried to…
Read more
I have been a Christian since I was 16. I’m now in my 30s and have read the Bible several times. I’m not a pastor or theologian but a financial planner by trade. While Christianity is not required to work with me, I have several Christian clients. I am often asked how to approach retirement…
Read more
Experience can be a painful teacher. I know I’ve made many mistakes throughout my life that have been more painful to learn from than others. Most people prefer to avoid learning painful lessons through retirement mistakes, so I put this article together. There are three common mistakes I’ve seen people make when it comes to…
Read more
When is the right time to buy or sell a house? Is now a good time to buy? Is now a good time to sell? As a financial planner, I am often asked these types of questions. There is no definitive yes or no answer. However, I consider three factors to help clients determine the…
Read more
By now, you may have heard that the Fed has cut interest rates for the first time in quite a long time. Many of my real estate friends are excited about this because they see it as a positive for the market. Based on the Fed lowering interest rates, I see three ways the real estate market could go.
Longevity in retirement is something that one needs to think about. Most research has shown that the longer you live, the longer you will live. Of course, it’s probability, so it doesn’t happen for everybody, right? But there are higher chances that the longer that you live, the longer you will live.
With that in mind, here are five things you should consider to help you plan for longevity in retirement.
