Negative Social Security Surprises That Some Get Caught Off Guard By in Retirement
A lot of people can overlook these two things related to social security, and doing so can negatively impact your retirement and cause unwanted surprises. A lot of clients aren’t too worried about running out of money, but they do realize there are a few optimizations that they can make to their investment plan, their income plan, and their tax plan that can add up to make a big difference in dollar terms for them.
How Retirement Changes for High Net Worth Retirees
High net worth investors often use strategies that allow them to quadruple the value of their investment alpha. Alpha really just refers to the excess return earned on an investment above the benchmark return. The way these investors pull this off is by focusing on tax planning and achieving alpha via tax savings, instead of just worrying about investment performance.
4 Income Sources NOT Taxed In Retirement – Tax Efficient Withdrawal Strategy
There’s a piece of your retirement strategy that, if done right, can potentially earn an extra half to a percent each year. It’s related to tax alpha. Alpha is easy to find, but few advisors focus on it. One of the most important parts of a good retirement plan is implementing a tax-efficient withdrawal strategy.
How Much Should You Have Saved for Retirement by Age?
Let’s take a look at how much you should have saved for retirement by ages 55, 60 and 65.
4 Things To Do When Receiving an Inheritance – Retirement Planning Tips
If there’s a chance you might receive an inheritance, knowing these four things is going to be important.
The Best Places To Retire Based on 7 Factors – How To Evaluate Where To Live
Here are the top seven most important things to consider when moving in or before retirement.
Why He Had To Delay Retirement and Keep Working – Easily Avoidable Mistake
Here’s a story of someone who was ready to retire, things looked good, and he was confident about his future. Eight months later his certainty with retirement went way down due to a few things that could have been easily avoided. I want to share this with you so you might be able to avoid something like this happening in your plan.
SECURE ACT 2.0 Made Important Changes to Retirement and ROTH Accounts
The Secure Act 2.0 signed a lot of changes into law that impact retirement savings and withdrawal rules. Watch this video for a breakdown of what you should know!
How Retirement Income Can Increase Healthcare Costs – Retirement Planning Strategy
Have you heard of healthcare costs spiking for retirees or pre-retirees because of a thing called IRMAA?