The Impact of Rising Healthcare Costs on Retirement Plans
As you strategize for the future, it’s crucial to acknowledge that healthcare costs during retirement will be a substantial expense in your golden years. Unlike past generations, many retirees today lack access to employer- or union-sponsored retiree health benefits. Consequently, in your retirement planning, it’s essential to factor in the potential impact of rising retiree […]
Navigating Tax Implications in Retirement: A Guide to Financial Longevity
As you approach the exciting chapter of retirement, it’s essential to navigate not only the joys of newfound freedom but also the complexities of tax implications that come with it. Understanding the tax landscape in retirement is crucial for preserving your financial longevity and ensuring your hard-earned savings are optimized for lasting financial health and […]
Inflation-Proofing Your Retirement Plan
Inflation, often referred to as the silent thief, has the potential to erode the purchasing power of your savings and impact your retirement lifestyle. As the cost of goods and services rises over time, ensuring your retirement plan can withstand inflation is a critical aspect of long-term financial independence. While it may be challenging to […]
Fixed Income and Increasing Inflation Costs: Balancing Retirement Risks
As you approach retirement, it’s crucial to take into account various elements that can significantly impact your financial standing, with inflation standing out as a key factor. The potential erosion of purchasing power due to inflation poses a substantial threat to your savings and can influence your capacity to sustain the lifestyle you envision during […]
Retirement Account Options for Entrepreneurs
Are Any of These Six Common Options the Right Retirement Plan for You? If you’re an entrepreneur, you know there are many benefits. You get to be your own boss, make your own hours, and spend your working days on building something you’re passionate about. Of course, you must give up things like structure and […]
Avoiding Common Retirement Planning Mistakes
Retirement is more complex now with the decline of traditional pension plans and increased job mobility. Unlike the past, where a single employer and a reliable pension were the norm, today’s retirement planning is more self-driven. Social Security offers some support, but it’s unlikely to cover all your needs in your golden years. To promote […]
Retirement Planning in Your 50s: What You Need to Know Now
Your fifties often mark a transformative decade, characterized by significant milestones like children leaving home and the satisfaction of paying off mortgages. Simultaneously, it can be a phase where your earning potential peaks, and the reality of retirement draws near. These combined factors make your fifties an opportune moment to make strategic financial adjustments, paving […]
How to Choose the Right Annuities for Your Retirement
One of the most critical aspects of retirement planning is developing your retirement income streams – the funds that will become your “paycheck” once you leave the working world behind. Annuities can be powerful financial tools for helping to secure a steady income stream in retirement, but choosing the right annuities requires careful consideration of […]
Ep 22: All About Fixed Index Annuities
If you’ve ever wanted to know more about fixed index annuities, today’s show is for you. We have a special guest who explains what they are, why they can help you and how they offer stability and reliability.
Ep 21: Our In-House Tax Expert Shares Top Tips
Clients often come to us with tax questions, so we decided to hire a tax advisor last year that is available to our clients year round. Today he’s sharing his top tax tips with you.
