Wealth Management

NOVEMBER 14, 2023

The new program was developed in collaboration with retirement services provider Empower, and should be available “within the next quarter or two.”

Retirement 115

Retirement 115

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 192

Retirement Planning Retirement Accounting Planning 192

Darrow Wealth Management

NOVEMBER 20, 2023

If you think retirement planning moves stop at retirement, think again. Although it won’t make sense in every situation, retirement can be a unique opportunity for Roth conversions for some investors. For high earners, converting an IRA to a Roth IRA while you’re still working could be the worst time of all.

Retirement 80

Retirement Taxes Distribution Wealth Management 80

Talon Wealth

SEPTEMBER 14, 2023

Retirement planning can be a difficult and confusing process for couples. By focusing on a few key areas, setting financial goals, and doing your research, you can find ways to enjoy retirement together. Set Financial Goals In retirement, educate yourself on your financial situation and investment strategy.

Retirement Planning 98

Retirement Planning Retirement Planning Financial Planner 98

Nerd's Eye View

JUNE 20, 2023

What's unique about Tony's journey, is how the tragic death of his mother just 6 months after she retired, made Tony realize that even though retirees may be prepared financially for their retirement, they may not be prepared mentally for the transition to a life that is separate from their career identities. Read More.

Retirement 237

Retirement Clients Financial Advisor Financial Planning 237

Integrity Financial Planning

OCTOBER 9, 2023

When talking about retirement financial planning, we often take investment strategy at face value. When it comes to retirement, there’s another aspect of income generation that is introduced. Sources: [1] [link] The post Reexamining the Retirement Investment Portfolio appeared first on Integrity Financial Planning, Inc.

Retirement 98

Retirement Portfolio Investing Investments 98

Nerd's Eye View

APRIL 12, 2023

When planning for retirement, it’s effectively impossible to precisely forecast the performance and timing of future investment returns, which in turn makes it challenging to accurately predict a plan’s success or failure.

Retirement 242

Retirement Retirement Planning Math Financial Planning 242

Wealth Management

OCTOBER 31, 2023

The deal adds over 350 retirement plans and about $13 billion in assets to Creative Planning’s existing retirement plan services team.

Retirement 117

Retirement Retirement Planning Planning Assets 117

Nationwide Financial

JANUARY 25, 2023

In recent months, Americans are rethinking what life in retirement looks like because of economic uncertainty, opting to adjust their personal priorities with financial stability in mind. Working after retirement on the rise. Similarly, 41% want to continue working because it gives them a sense of purpose.

Retirement 116

Retirement Financial Advisor Retirement Planning Clients 116

Nerd's Eye View

JANUARY 4, 2023

And when it comes to retirement planning, one popular technique is the use of ‘guardrails’, which set an initial monthly withdrawal rate that can be later adjusted as the size of the client’s portfolio changes. Financial advisors have a wide range of strategies at their disposal to create financial plans for their clients.

Retirement 230

Retirement Retirement Planning Asset Allocation Portfolio 230

Wealth Management

DECEMBER 4, 2023

AFS 401(k) Retirement Services and AFS Financial Group is a retirement plan and wealth management consulting firm with $2.3 billion in assets under advisement.

Retirement 69

Retirement Retirement Planning Wealth Management Assets 69

Advisor Perspectives

NOVEMBER 13, 2023

Research on tax-efficient retirement distribution strategies aims to sequence withdrawals from taxable, tax-deferred, and tax-exempt accounts to maximize after-tax spending.

Taxes 126

Taxes Retirement Management Distribution 126

The Chicago Financial Planner

JANUARY 17, 2022

Annuities are often touted as the “cure” for all that ails your retirement. In the case of Executive Life, thousands of annuity recipients were impacted in the form of greatly reduced annuity payments which in many cases permanently impacted the quality of their retirement. Not sure if your investments are right for your situation?

Retirement 184

Retirement Insurance Financial Planner Financial Advisor 184

Integrity Financial Planning

NOVEMBER 20, 2023

One way of thinking about retirement is that it happens in phases. Phase 1: Pre-retirement (Approximately Ages 50-62) This is around the age when you will start to have a sense of what you have saved and what your expenses might look like. When you are 20 years old, it can be hard to picture what retirement might look like for you.

Retirement 66

Retirement Budgeting Financial Planning Estate Planning 66

Integrity Financial Planning

JUNE 5, 2023

A recent study by Investopedia found that Generation X’s biggest worry is retirement. The survey found that although many members of Gen X feel like they understand their finances, they are still concerned about setting themselves up to transition into retirement. 1] These numbers are very significant.

Retirement 98

Retirement Financial Advisor Financial Planning Planning 98

WiserAdvisor

SEPTEMBER 20, 2023

In retirement planning, the concept of vesting is more than a contractual formality; it serves as a retention tool that incentivizes employees to remain with their employer for a certain period. You may consult with a financial advisor to understand vested balances in detail and how you can maximize them to boost your retirement savings.

Retirement 100

Retirement Accounting Retirement Planning Financial Advisor 100

Financial Symmetry

OCTOBER 30, 2023

There’s so much we can overlook with retirement plans. On this special Halloween-themed episode we’re sharing some retirement plan horror stories to avoid in your own wealth-building journey. Listen in to ensure that these horrors don’t ruin your retirement plans.

Retirement Planning 64

Retirement Planning Retirement Planning 64

MainStreet Financial Planning

MAY 17, 2023

We speak daily with clients who are contemplating where they might live in retirement. Now is the time to explore various retirement housing options and strategies for aging individuals. From aging in place to retirement communities, consider your individual preferences and needs when choosing the most suitable housing option.

Retirement 86

Retirement Financial Planner Medical Financial Planning 86

Integrity Financial Planning

NOVEMBER 7, 2023

There are many important birthdays when it comes to retirement planning. So, as you approach your retirement, it’s crucial to have a few of these in mind as key milestones. 1] 59 ½ is when you can take penalty-free withdrawals Most retirement accounts will allow you to take penalty-free withdrawals when you reach 59 ½ years old. [1]

Retirement Planning 69

Retirement Planning Retirement Planning Financial Planning 69

The Better Letter

APRIL 6, 2023

Realistic Retirement Planning My children have consistently (and kindly) remarked about how grateful they are to have been able to graduate (with honors) from fine universities without any debt. Our retirement planning took a hit to do so. Thanks for reading. However, achieving that goal came at a cost.

Retirement Planning 100

Retirement Planning Retirement Planning Financial Planning 100

Getting Your Financial Ducks In A Row

APRIL 3, 2023

We’ve covered a lot of ground with regard to how various tax laws impact your retirement plans: pensions, IRAs, 403(b) and 401(k) plans. State Tax The big deal with state tax laws and retirement plans is that some states have special tax deals for money inside of retirement plans.

Retirement Planning 113

Retirement Planning Retirement Planning Taxes 113

Random Roger's Retirement Planning

NOVEMBER 19, 2023

Yahoo Finance had kind of a long read recapping an update from Morningstar about safe retirement withdrawal rates. I would much rather withdraw 10% or more per year from my retirement accounts and do it without taking any principal. When I retired in 2010, I had about $360K in a deferred IRA and $60K in a Roth IRA.

Retirement 64

Retirement Accounting Math Investing 64

Advisor Perspectives

NOVEMBER 21, 2023

I show how the best way to utilize bonds in retirement is not to rebalance between stocks and bonds in retirement, but rather to draw down on the bond side of the portfolio first and let the portfolio drift towards a greater equity allocation.

Retirement 59

Retirement Portfolio 59

Million Dollar Round Table (MDRT)

OCTOBER 5, 2023

By Clay Gillespie, CFP, CLU There are myriad ways to prepare clients for a fulfilling retirement. Clients accumulate assets for many years in the hope of retiring and living comfortably, but that’s only part of it. Retirement income In retirement, clients need to be prepared for a stock market correction every day.

Retirement 88

Retirement Clients CFP Assets 88

Integrity Financial Planning

JULY 17, 2023

How you handle taxes and when you are taxed are two of the most important factors when it comes to retirement planning. 2] If you are likely to be in a higher tax bracket when you retire, a Roth IRA can be a good way to minimize your taxes in retirement.

Retirement 79

Retirement Taxes Retirement Planning Financial Advisor 79

Advisor Perspectives

NOVEMBER 19, 2023

Individuals are increasingly looking for more tailored investment solutions, so it makes sense for plan fiduciaries to consider a more personalized approach, according to John Kutz, National Retirement Plan Strategist. He says personalization may be the ticket to better retirement outcomes.

Retirement Planning 59

Retirement Planning Retirement Planning Investing 59

Advisor Perspectives

OCTOBER 16, 2023

The choice to use an advisor in retirement is one that will cost clients and their beneficiaries millions of dollars in fees and opportunity costs as I show in this article.

Retirement 128

Retirement Clients 128

WiserAdvisor

AUGUST 31, 2023

Financial advisors play a crucial role in assisting you before your retire. They can provide ongoing support so you can continue investing after retirement, monitor market fluctuations, and make necessary adjustments to your retirement portfolio. Here are 5 benefits of hiring a financial advisor after you retire: 1.

Financial Advisor 90

Financial Advisor Retirement Risk Tolerance Estate Planning 90

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 Investing 122

WiserAdvisor

NOVEMBER 14, 2023

Retirement planning is an essential aspect of financial security, especially as one transitions from a phase of regular income to relying on savings and investments. The concept of retirement has undergone a significant transformation in recent times. Traditional retirement plans often rely heavily on pension schemes.

Retirement Planning 52

Retirement Planning Retirement Planning Financial Advisor 52

Integrity Financial Planning

OCTOBER 20, 2023

1] If you are looking to play more golf in your retirement and think less about your retirement finances, Click HERE to reach out to our professionals today at Integrity Financial Planning for a complimentary review of your retirement situation. Embrace the challenge and appreciate the beauty of the walk between the greens. [1]

Retirement 86

Retirement Financial Planning Retirement Planning Planning 86

Random Roger's Retirement Planning

NOVEMBER 13, 2023

A couple of interesting retirement planning items from my reading today. First are two articles about people's reluctance to start to spend down their retirement savings from Kitces and Morningstar , it is a difficult psychological pivot to go from accumulating to decumulating. Something like that probably won't be plan altering.

Retirement 71

Retirement Retirement Planning Taxes Commission 71

Nationwide Financial

JUNE 20, 2023

After decades of saving and planning, many pre-retirees (non-retired investors aged 55-65) are reconsidering their retirement plans in response to rising inflation, high interest rates, and an uncertain economic environment. The biggest threat to a secure retirement? The biggest threat to a secure retirement?

Retirement 97

Retirement Economics Planning Retirement Planning 97

Talon Wealth

OCTOBER 26, 2023

Retirement planning can be a difficult and confusing process for couples. By focusing on a few key areas, setting financial goals, and doing your research, you can find ways to enjoy retirement together. Set Financial Goals In retirement, educate yourself on your financial situation and investment strategy.

Retirement Planning 52

Retirement Planning Retirement Planning Financial Planner 52

Wealth Management

OCTOBER 9, 2023

A report by Vanguard says changes in the retirement industry will help younger workers afford more in retirement.

Retirement 116

Retirement 116

Wealth Management

JUNE 12, 2023

But most wealth, retirement plan and benefits advisors are still stuck in silos and old business models.

Retirement Planning 127

Retirement Planning Retirement Planning 127

Covisum

NOVEMBER 21, 2023

In the dynamic landscape of retirement planning, the article " Managing Taxes in Retirement using the Effective Marginal Tax Rate " published in Advisor Perspectives by Dr. Wade Pfau and Joe Elsasser, CFP(R), provides valuable insights into tax-efficient distribution strategies. Read on for a summary of the article.

Retirement 52

Retirement Taxes CFP Investment Advisor 52