WiserAdvisor

MARCH 13, 2024

Achieving financial freedom in retirement requires meticulous planning, dedicated effort, and strategic management. Within this framework, the concept of the five pillars of retirement planning emerges as a valuable strategy. Without a solid plan, you risk drifting without direction. It serves as a fundamental risk management strategy.

Retirement Planning 105

Retirement Planning Retirement Planning Estate Planning 105

Getting Your Financial Ducks In A Row

JULY 18, 2022

Back in the olden days, we all received an annual statement from the Social Security Administration detailing your benefits projected to your potential retirement age(s). To the right (below the Retirement Benefit chart) is the information about your eligibility for Medicare benefits. First Page. Second Page.

Retirement 115

Retirement Taxes Government Accounting 115

Random Roger's Retirement Planning

DECEMBER 4, 2023

At 50 they say we should have 5-6 times annual salary which works out to about $350,000 by their research, they explain catchup contributions (starting at 50, most retirement account types allow for larger contributions). It was sort of a list of important but not really new ideas. It was sort of a list of important but not really new ideas.

Retirement 64

Retirement Asset Allocation Planning Accounting 64

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 Retirement Planning Accounting 122

Random Roger's Retirement Planning

APRIL 10, 2024

Allison Schrager wrote an article for Bloomberg last week that Wall Just Doesn't Get It On Retirement. I shared on Facebook noting that Schrager suggested better and cheaper annuity products and that given how undersaved we collectively are, it may come to more annuity products. Once they hit 80, they cannot sell it.

Portfolio 69

Portfolio Asset Allocation Retirement Taxes 69

Random Roger's Retirement Planning

NOVEMBER 12, 2023

How many market calamities do target date funds need to do poorly in before you stop putting new money in. I would encourage people to engage enough to make just a couple of decisions with how their 401k accounts are invested. I've been crapping on target date funds since they first became a thing. That can be true.

Asset Allocation 72

Asset Allocation Retirement Retirement Planning Portfolio 72

Random Roger's Retirement Planning

APRIL 16, 2024

The point is to track how my views on various things might evolve or change dramatically and to hold myself accountable for any lifestyle opinions/advice I might write about. If I can make it to 62 without having to tap IRAs, how much longer could we last? Here are the previous posts from this series.

Retirement 67

Retirement Planning Investment Advisor Food 67

Clever Girl Finance

JANUARY 22, 2023

Whether you're asking "How much should you have saved by 25?" or "How much should you have saved by 40?" Knowing where you stand can make sure you are on target for your retirement goals, as well. For example, you may know that you want to retire to a low-cost-of-living area. So, what are the average savings by age?

Retirement 84

Retirement Accounting Assets Budgeting 84

Validea

SEPTEMBER 14, 2023

Andy has spent his career working at some of the most successful firms in the asset management industry, including Bridgewater and Brevan Howard and he explains how the lessons he has learned throughout his career led to how he constructs his portfolio today.

Portfolio 52

Portfolio Compliance Assets Retirement 52

Good Financial Cents

JANUARY 23, 2023

How Often Do You Need to Check Your 401k? The Bottom Line on Checking Your 401(k) A 401(k) is a type of retirement savings plan offered by many employers to their employees. The money in the account is invested and grows over time, and the employee can use the money in the account during their retirement years. Census Bureau.

Retirement 101

Retirement Accounting Taxes Financial Advisor 101

Carson Wealth

AUGUST 23, 2022

Retirement plans like 401(k)s and traditional or Roth IRAs can be an easy and effective way to save for retirement. Contributions to a traditional 401(k), IRA, and other retirements plans are usually deductible up to a limit. However, not all retirement plan contributions are tax deductible. Roth vs. Traditional IRA .

Retirement Planning 52

Retirement Planning Retirement Taxes Planning 52

Validea

NOVEMBER 16, 2022

In an interview with Barron’s , TIAA president and CEO Thasunda Brown Duckett discussed the looming retirement crisis in America, pointing to a $4 trillion retirement income gap that suggests roughly 40% of Americans are at risk of running out of income during retirement.

Retirement 52

Retirement Retirement Planning Education Planning 52

Validea

NOVEMBER 18, 2022

In an interview with Barron’s , TIAA president and CEO Thasunda Brown Duckett discussed the looming retirement crisis in America, pointing to a $4 trillion retirement income gap that suggests roughly 40% of Americans are at risk of running out of income during retirement.

Retirement 52

Retirement Retirement Planning Education Planning 52

WiserAdvisor

MARCH 28, 2024

As you enter your 50s, the urgency of retirement savings becomes palpable. For those who find themselves behind on their retirement savings, the path ahead may seem daunting. However, despite the challenges, there are strategies to catch up on your retirement savings.

Retirement 59

Retirement Financial Advisor Medical Healthcare 59

Fortune Financial

JULY 28, 2022

Anyone who owns company stock will eventually have to decide how to distribute their assets — typically when there is a job change or retirement involved. Distributions only qualify for NUA treatment if completed after the triggering event (separation from service, reaching retirement, death or disability). Cost Tradeoff.

Taxes 98

Taxes Planning Retirement Planning Distribution 98

Random Roger's Retirement Planning

NOVEMBER 23, 2023

A couple of interesting retirement-related reads that I want to try to weave together. First was a very long read titled The End of Retirement written by Cathrin Bradbury. Bradbury is a retired journalist in Canada. If you read the whole thing, you might pick up some different attitudes, culturally, toward retirement and aging.

Retirement 65

Retirement Portfolio Taxes Management 65

The Big Picture

DECEMBER 5, 2023

But if I had a plan as to how to do that when I went to college, it was learn as much as I could, as fast as I could and get a ba and then become an accountant and a lawyer. Then I think you’re gonna find this to be a fascinating conversation. 00:01:24 [Michael Fisch] Thank you Barry. 00:01:24 [Michael Fisch] Thank you Barry.

Investing 173

Investing Investments Management Numbers 173

Nationwide Financial

JUNE 8, 2023

The Rule of 25 for retirement strategy suggests saving 25x the annual amount needed for spending in the first year of retirement, but it doesn’t account for the age when someone might retire. The 80% Rule states that you’ll need to replace 80% of your pre-retirement income. Saving requires a certain level of commitment.

Clients 52

Clients Retirement Financial Planning Planning 52

WiserAdvisor

OCTOBER 26, 2023

Retirement estimates often change. These studies consider factors like inflation, how long you might live, healthcare expenses, and much more. million for retirement in America is the magic number for a comfortable life. million benchmark and shed light on how much you need for retirement. How can you achieve $1.8

Retirement 52

Retirement Retirement Planning Financial Advisor Healthcare 52

Fortune Financial

FEBRUARY 28, 2023

Thinking about the amount of savings needed for a financially secure retirement can be overwhelming when you think about the unknowns. Unknown global markets and volatility could erode retirement accounts. It could cost more than the projected amount if all retirement funds are in a pre-tax account.

Retirement Planning 52

Retirement Planning Retirement Planning Healthcare 52

Fortune Financial

SEPTEMBER 29, 2022

In our planning with clients, we like to employ a “pay yourself first” approach, especially as it relates to retirement planning. This cycle can repeat itself over multiple years, resulting in minimal or no retirement savings. Planning for retirement is a multi-step process with continuous updates and monitoring.

Retirement 52

Retirement Portfolio Retirement Planning Investing 52

James Hendries

SEPTEMBER 27, 2022

You want to retire comfortably when the time comes. So how do you juggle the two? The truth is, saving for your retirement and your child’s education at the same time can be a challenge. Answering the following questions can help you get started: For retirement: How many years until you retire?

Education 52

Education Retirement Retirement Planning Financial Planner 52

Tucker Advisors

APRIL 4, 2023

Forty years ago, the federal government lengthened Social Security’s full retirement age (FRA) from 65 to 67, and increased the delayed retirement credit. By next year, 2024, one in four workers will be 55 or older, which is an over 100% increase from 30 years ago in 1994. Is it the change we want?

Retirement 75

Retirement Financial Advisor Planning Budgeting 75

Random Roger's Retirement Planning

NOVEMBER 1, 2023

Bloomberg had an editorial board piece about the dire state of Social Security along with a couple of ideas about how to solve the problem. Take all of the above as reiteration from me, that no one, not the government, "no one will care more about your retirement than you," Joe Moglia quote.

Retirement 53

Retirement Budgeting Accounting Planning 53

Nationwide Financial

AUGUST 8, 2022

The cost of medical care is a too-often overlooked consideration when planning for retirement. 1 Further, the cost of health care for consumers, as measured by the increases in health care premiums, increased 55% over the past decade, while wages rose only 30% during that time. A temporary decline in out-of-pocket spending.

Medical 52

Medical Retirement Healthcare Clients 52

Clever Girl Finance

AUGUST 8, 2022

According to the data from the US Census Bureau , 50% of women aged 55-66 have no personal retirement savings. So, how much should you save before you retire? Can you retire with 500k, or do you need more? Keep reading to find out if it’s possible to retire with 500k — and how to do it. The good news?

Food 59

Food Retirement Retirement Planning Budgeting 59

Steve Sanduski

MAY 31, 2022

Power , the average age of a financial advisor is 55; approximately one-fifth of advisors are 65 and older. Without proper planning, you risk undervaluing your life’s work and damaging the key client relationships you’ll need to sustain the business when the time comes to retire. According to a 2019 study by J.D.

Planning 52

Planning Consulting Valuation Financial Advisor 52

Random Roger's Retirement Planning

APRIL 9, 2023

Where the stock market is concerned, how much does it really matter what caused some sort of big decline so much as it happened and if you try to protect against such things, did your strategy of protection help at all? The important thing though is not what causes stocks to drop but how you mitigate the consequence.

Retirement 62

Retirement Asset Allocation Planning Numbers 62

The Big Picture

FEBRUARY 6, 2024

If you’re at all interested in focused portfolios, the concept of quality as a sub-sector under value and just how you build a portfolio and a track record, that’s tough to beat. And Tom explains what goes into quality stock selection, why they went to the ETF. Really fascinating guy. Thanks, 00:02:40 [ Tom Hancock ] Barry.

Valuation 130

Valuation Investing Investments Assets 130

Random Roger's Retirement Planning

AUGUST 18, 2022

Jonathan Hoenig Tweeted out "the average 50 year old has $160,000 in their 401k, how do you compare?" At 50 though, you do need to have some context for how viable your idea of retirement is. Blogger Nomadic Samuel put out a call to FinTwit for a how I invest my money series. That's the number you need to cover.

Retirement Planning 67

Retirement Planning Retirement Planning Asset Allocation 67

eMoney Advisor

DECEMBER 15, 2022

Here, we take a look at projected job growth for financial advisors, the predicted wave of retirements, the demographics of financial planners, and more. A Wave of Retirements Expected. Over the next decade, more than a third of advisors (37 percent) are estimated to be retiring, according to a 2022 Cerulli Associates study.

Financial Planner 74

Financial Planner CFP Certified Financial Planner Financial Advisor 74

Walkner Condon Financial Advisors

MARCH 24, 2022

The list is broken up into the appropriate categories of employer-sponsored plans, personal retirement plans, healthcare and spending accounts, and educational accounts. . Personal Retirement Plans. The HSA catch-up contribution for individuals 55 years old and older is an additional $1,000. Employer-Sponsored Plans.

Accounting 52

Accounting Investing Investments Retirement Planning 52

Random Roger's Retirement Planning

OCTOBER 15, 2022

What was more complicated was getting the first engine to the house and then how to stage the other engines and water tenders (water tender is a water truck). Maybe it never should have been but it is, it is easy to think in terms of 60/40, it has been a default and it made sense up to a point because of how well bonds did for decades.

Engineering 90

Engineering Portfolio Retirement Numbers 90

The Big Picture

SEPTEMBER 19, 2023

How, how does that lead to a degree, to a focus on investment management? So how does that relate to finance? He’s from Houston so I don’t know how he pulled that one, Barry Ritholtz : But, well the humidity makes Houston feel like you’re in the tropics. She can go anywhere, do anything. Two reasons.

Assets 140

Assets Management Portfolio Investing 140

Good Financial Cents

MARCH 30, 2023

How a Family Trust Functions A family trust is a legally binding document that covers an individual’s assets during one’s lifetime and specifies the terms of dispersing those assets after one’s death or incapacity. What also can be changed is how the assets are dispersed. The other 1/3 at 55. Law Firm, LLC.

Estate Planning 111

Estate Planning Taxes Assets Distribution 111

Random Roger's Retirement Planning

DECEMBER 26, 2023

Market makers can have a very good idea of how many calls QYLD needs to sell when they are rolling over their position and can trade such that volatility compresses, potentially pushing the price of the calls to be sold. It is 55% Vanguard S&P 500 ETF (VOO). He used the Global X NASDAQ Covered Call ETF (QYLD) for this example.

Portfolio 59

Portfolio Accounting Retirement Marketing 59

FMG

FEBRUARY 3, 2023

Did you know that 55% of visitors spend less than 15 seconds on your website ? How Do You Give the Test? How Do You Give the Test? But That Shouldn’t Mean You Have to Work That Long,” shows that they know you work incredibly hard as a physician, so you should be able to enjoy your retirement. Simple enough, right?

Wealth Advisor 52

Wealth Advisor Medical Retirement Fee Only 52