The Chicago Financial Planner

NOVEMBER 27, 2022

One of the best tax deductions for a small business owner is funding a retirement plan. Beyond any tax deduction you are saving for your own retirement. You deserve a comfortable retirement. If you don’t plan for your own retirement who will? Two popular small business retirement plans are the SEP-IRA and Solo 401(k).

Retirement Planning 263

Retirement Planning Retirement Planning Financial Planner 263

Wealth Management

MAY 19, 2023

Education on key asset allocation strategies is necessary to get clients ready for their golden years.

Clients 290

Clients Asset Allocation Retirement Education 290

Darrow Wealth Management

FEBRUARY 9, 2025

The idea of living off dividends in retirement sounds nice, but investors often don’t realize how much money they’ll need invested to generate enough income from dividends to cover lifestyle expenses. You may need more money than you think to retire on dividends. Retire on dividends?

Retirement 85

Retirement Asset Allocation Taxes Portfolio 85

The Big Picture

MARCH 31, 2025

Its not the same thing in theory, but in practice, especially with the chatter of reducing income taxes, it feels that way: European consumption tax minus the universal health care, education, and retirement benefits. I hope this take is wrong.

Taxes 303

Taxes Economics Education Planning 303

Abnormal Returns

MAY 21, 2025

morningstar.com) Dan Haylett talks with Fritz Gilbert about his 10 Commandments of Retirement. humbledollar.com) Who gets the education tax credit? Podcasts Christine Benz talks with JL Collins about the revised edition of "The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life." Financial History."

Estate Planning 157

Estate Planning Financial Services Education Retirement 157

Wealth Management

JUNE 21, 2023

This Annuity Awareness Month, educate your clients on all their retirement savings options.

Education 293

Education Retirement Clients 293

Nerd's Eye View

SEPTEMBER 6, 2023

However, these benefits do not automatically extend to other types of retirement accounts (such as IRAs), the protection for which varies by state. For instance, qualified plan assets (e.g., tenancy by the entireties and community property).

Education 246

Education Assets Clients Estate Planning 246

The Chicago Financial Planner

OCTOBER 21, 2021

Saving for retirement is a major undertaking for most of us. Health savings accounts (HSA) provide another vehicle to save for retirement. An HSA can serve as an additional retirement savings vehicle on top of your IRA or 401(k) to help cover healthcare and other retirement expenses. Click To Tweet. The Bottom Line.

Retirement Planning 193

Retirement Planning Accounting Retirement Planning 193

Abnormal Returns

DECEMBER 23, 2024

(investmentnews.com) Succession How Snowden Lane helps advisers transition into retirement. citywire.com) Retirement Retirement from farming is just different. crr.bc.edu) Early retirement often leads to taking Social Security early. citywire.com) Retirement Retirement from farming is just different.

Financial Advising 144

Financial Advising CFP Compliance Retirement 144

NAIFA Advisor Today

FEBRUARY 6, 2025

Mike McGlothlin , CFP, CLU, ChFC, LUTCF, NSSA, Executive Vice President, Retirement, at Ash Brokerage , is the 2024 recipient of the Kenneth Black Jr. He has demonstrated his personal commitment as a lifelong learner and educator and ethical professional. Leadership Award. FSP established the Kenneth Black Jr.

Ethics 138

Ethics Education Retirement Planning CFP 138

NAIFA Advisor Today

APRIL 23, 2025

Last observed in 2019, the campaign was paused during the pandemic and has been revived to help Americans make informed decisions about their retirement income. NAIFA Members may access the webinar here.)

Retirement 98

Retirement Education Clients 98

Abnormal Returns

JANUARY 17, 2024

peterlazaroff.com) Robin Powell talks retirement planning with Justin King author of "The Retirement Café Handbook: Nine Accelerators for a Successful Retirement." youtube.com) Retirement How to spend your time in retirement guilt-free. humbledollar.com) 25 things to consider for retirement.

Retirement 254

Retirement Retirement Planning Insurance Education 254

NAIFA Advisor Today

APRIL 10, 2025

Retirement Plans and Retirement Planning , a newly revised ebook by Kenn B. The book is published by FSP, a NAIFA Community, and Professor Tacchino is editor of FSP's Journal of Financial Service Professionals , which NAIFA members may access online as an educational benefit.

Retirement Planning 52

Retirement Planning Retirement Planning Financial Planning 52

Wealth Management

MAY 16, 2023

The idea behind baby bonds is to establish trust funds for children when they’re born, allowing the money to grow over time and then be accessed in young adulthood for wealth-building purposes like education, buying a home, starting a small business or saving for retirement.

Education 233

Education Planning Retirement 233

Abnormal Returns

APRIL 24, 2024

(ritholtz.com) Jim Dahle talks with Britt Williams Baker, who is the co-founder of Dow Janes, a company focused on financial education for women. whitecoatinvestor.com) Retirement Retirement is filled with all sort of irreversible decisions. nytimes.com) How time feels more precious in retirement.

Insurance 259

Insurance Math Retirement Education 259

The Chicago Financial Planner

FEBRUARY 8, 2023

Is my Social Security subject to taxes once I reach my full retirement age? Your full retirement age (FRA) is a key number for many aspects of Social Security. Related to this, if you are working into retirement your wages or self-employment income are subject to FICA and Medicare taxes regardless of your age.

Taxes 291

Taxes Retirement Financial Planner Financial Advisor 291

Nerd's Eye View

MARCH 24, 2023

Also in industry news this week: Top Democratic Senators are urging the Treasury Department to crack down on a range of estate planning strategies for high-net-worth individuals, including GRATs and IDGTs Amid fallout from recent bank failures, both Republicans and Democrats are considering whether current FDIC insurance limits should be increased (..)

Financial Planner 245

Financial Planner CFP Certification Education 245

Abnormal Returns

OCTOBER 9, 2023

Podcasts Dan Haylett talks with George Kinder on the true impact of Life Planning on retirement. wiredplanning.com) Michael Kitces talks with Brett Danko who is the Founder of Brett Danko Educational Center, and the CEO and Managing Partner for Main Street Financial Solutions.

CFP 293

CFP Education Financial Planning Planning 293

Abnormal Returns

SEPTEMBER 4, 2023

theadvisorjourney.com) Brendan Frazier talks about the challenge of retirement spending with Morningstar's Christine Benz. citywire.com) Why retiring advisers often have second thoughts. thinkadvisor.com) UHNW individuals don't want to talk about traditional retirement. thinkadvisor.com)

Estate Planning 260

Estate Planning Retirement Financial Planning Planning 260

Nerd's Eye View

SEPTEMBER 27, 2023

However, the number of Federal student loan borrowers over the age of 50 has increased significantly in the past 20 years, with many of these borrowers holding Parent PLUS loans that were used to help fund their children's undergraduate education. Read More.

Education 246

Education Financial Advisor Planning Clients 246

The Chicago Financial Planner

NOVEMBER 8, 2021

As someone saving for retirement , what should you do now? The PBS Frontline special The Retirement Gamble put much of the blame on Wall Street and they are right to an extent, especially as it pertains to the overall market drop. Approaching retirement and want another opinion on where you stand? Review and rebalance .

Retirement 130

Retirement Marketing Marketing Financial Planner 130

Abnormal Returns

APRIL 9, 2025

morningstar.com) Dan Haylett talks with Riley Moynes about the four phases of retirement. thecollegefinanciallady.com) Cuts at the Department of Education is going to make choosing a college more difficult. humansvsretirement.com) Housing Not every financial decision has to make perfect sense.

Taxes 144

Taxes Education Retirement Accounting 144

Abnormal Returns

SEPTEMBER 18, 2023

wiredplanning.com) Christine Benz and Jeff Ptak talk retirement income with Kelli Hueler, CEO and founder of Hueler Companies. riaintel.com) How to think about the math of entering a continuing care retirement community or CCRC. financial-planning.com) A profile of Dan Otter, founder of education and advocacy site 403bwise.

Planning 261

Planning Financial Advice Wealth Management Math 261

MainStreet Financial Planning

NOVEMBER 8, 2024

Maximize Your Retirement Contributions: Enhancing your retirement savings not only secures your future but also offers immediate tax benefits. Contribute to a 529 College Savings Plan Contributions to a 529 plan grow tax-free, and withdrawals for qualified education expenses are also tax-free.

Taxes 98

Taxes Medical Education Retirement 98

Yardley Wealth Management

SEPTEMBER 10, 2024

The post Investing for Retirement: Strategies for Long-Term Success appeared first on Yardley Wealth Management, LLC. Investing for Retirement: Strategies for Long-Term Success Introduction Investing for retirement is a journey that demands careful planning, patience, and discipline. What lifestyle do you envision?

Retirement 40

Retirement Risk Tolerance Investing Investments 40

Getting Your Financial Ducks In A Row

OCTOBER 17, 2022

In 1974, Congress passed the Employee Retirement Income Security Act (ERISA) that, among many other provisions, provided for the implementation of the Individual Retirement Arrangement. The Education IRA was also introduced, with features similar to the Roth IRA (non-deductible but tax-free upon qualified distribution).

Retirement 111

Retirement Distribution Taxes Retirement Planning 111

Nerd's Eye View

OCTOBER 4, 2022

Ramit is the author of the New York Times’s bestselling book, I Will Teach You To Be Rich , and the owner of the online platform of the same name that offers financial education content and programs to consumers so they can get refocused on their personal finances and the things they love. Read More.

Clients 246

Clients Financial Advisor Education Retirement 246

Abnormal Returns

MAY 26, 2024

caia.org) Policy How the Retirement Savings for Americans Act (RSAA) would help lower income workers. nytimes.com) A better educated police force is a good thing. (axios.com) By this measure, the futures industry is shrinking. pionline.com) How Baltimore became the overdose capital of America.

Financial Advising 262

Financial Advising Economy Education Media 262

Nerd's Eye View

DECEMBER 16, 2022

We also have a number of articles on retirement planning: While weak stock and bond market performance has challenged advisors and their clients this year, these trends have likely increased the ‘safe’ withdrawal rate for new retirees.

Financial Planner 246

Financial Planner CFP Retirement Planning Financial Advisor 246

Million Dollar Round Table (MDRT)

APRIL 6, 2025

This may include buying homes, having children, getting married, expanding their business and retiring. Educating clients We want to look out for all of our clients best interests and educate them. Educators tell clients all the benefits of certain choices, which allows them to make informed decisions.

Clients 83

Clients Education Financial Planning Financial Advisor 83

Nerd's Eye View

JUNE 9, 2023

And given the opaque nature of many private investments, financial advisors could play an important role in helping their clients assess whether these opportunities make sense for their portfolio and broader financial plan.

Financial Planner 240

Financial Planner License Financial Advisor Retirement 240

Nerd's Eye View

APRIL 29, 2025

In this episode, we talk in-depth about how Gideon shaped his firm's staffing to have a higher ratio of advisors to operations staff to serve clients on the Wealth Builder side (given the often extensive planning needs of mid-career professionals) compared to the firm's retired clients (whose plans often stay relatively stable but who need regular (..)

Clients 130

Clients Financial Advisor Planning Assets 130

eMoney Advisor

NOVEMBER 7, 2022

Whether they are on the cusp of retirement or living as a retiree, this is an impactful time of transition. Navigating the Retirement Transition with “Switches” Because the transition to retirement is dynamic and requires financial, lifestyle, and social choices, clients need a full understanding of their “switches” or options.

Financial Planning 107

Financial Planning Retirement Planning Clients 107

Nerd's Eye View

OCTOBER 23, 2024

This argument is particularly common in the financial independence and personal finance space, with financial educators like Ramit Sethi being a notable critic. One key starting point is to acknowledge that technically, all spending reduces the total amount that a person could have saved and had available for retirement.

Clients 246

Clients Financial Advice Financial Planning Financial Advisor 246

Good Financial Cents

JANUARY 26, 2023

Early retirement has become a popular financial goal. Even if you never retire early, just knowing that you can is liberating! Can You Really Retire at 50? Can You Really Retire at 50? Table of Contents Can You Really Retire at 50? FAQs on Retiring Early at 50 It’s a big bold claim – retire at 50?

Retirement 122

Retirement Taxes Accounting Retirement Planning 122

Nerd's Eye View

JANUARY 13, 2025

We're also further expanding our more 'deep-dive' educational programs. , and we're aiming to offer CE for Accredited Investment Fiduciary (AIF) designees by the second half of the year!

Financial Advice 147

Financial Advice Ethics Education Financial Planning 147

Talon Wealth

OCTOBER 26, 2023

Retirement planning is a critical part of financial security that many women still overlook. However, remember that as a woman, you have a longer life expectancy than a man, which means retirement planning is even more important. That means you should plan for your retirement savings to last at least 18 years, if not more.

Retirement Planning 98

Retirement Planning Retirement Planning Medical 98