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10 Common Retirement Blind Spots You’ll Want to Avoid for a Secure Future

WiserAdvisor

Blind Spot 3: Inadequate estate planning In today’s age, where 60 is the new 50 and people are more active and health-conscious than ever before, it is common to think that estate planning can wait. Life is inherently unpredictable, and unanticipated circumstances can arise at any moment.

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The Importance of Retirement Planning for Senior Citizens

WiserAdvisor

By utilizing tax-advantaged retirement accounts such as IRAs, 401(k)s, or pension plans, individuals can significantly reduce their tax burden both before and after retirement. Contributions to these accounts may be tax-deductible, and the investments within them grow tax-deferred.