During COVID, I worked with many clients who faced furloughs, especially those employed at Disney. Some were let go completely, while others were away from work for months. One particular client in his early 60s had an eye-opening experience. He had planned to retire within a couple of years, but found himself temporarily out of…
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
We will all hopefully have some sort of Social Security benefit at some point. Understanding how those benefits work and how Social Security works in general is a pivotal component of proper retirement planning.
As a financial advisor, part of my job is working with clients to try and help minimize and mitigate the tax ramifications associated with their decisions. One of the most important is making tax-efficient withdrawals from their retirement funds.
There are three main ideas involved with tax-efficient withdrawals from retirement funds.
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.
We can’t avoid inflation, but we can learn how to plan for it. Start by looking at these three things.
Turning the page into your 60s can be a fun and contemplative time as you’re getting closer to retirement, thinking about retiring, or already retired. Use the four I’s to help you craft a winning financial strategy.
If you’re in your late 50s and looking to start making the transition to retirement, following the suggestions in this case study is a great start.
Many retirees plan to use a 401k to create income. Asking how to avoid paying taxes on 401k withdrawals is a great question. Here are some ways you can avoid or defer taxes on a 401k withdrawal.
Retiring with $2 million is a great goal to strive for. While it’s certainly a good amount of money, how far it will go depends on a few things.
