How to Manage Withdrawals Throughout Retirement

This spring (2017), the US Treasury Department has launched additional TV ads directed at Americans that have no retirement savings plan at work. If you’ve seen the ads and you’re curious what this plan is about, read on!

The older you get, the greater the chances that you have ‘old’ 401(k) accounts at former employers, or multiple IRAs from retirement plan transfers from leaving multiple jobs.

Investing is a process that takes time, should be thoughtfully monitored and has a better chance of success if planned out.

As spring time comes back to many parts of the US, so does many ‘seasonal’ scams.  Partly because of tax season and partly because home projects ramp up, and travel ‘springs up’, this is the time of year to be more alert regarding potential scams.

Are you a parent or related family member thinking of starting a 529 savings plan for a child? Starting a plan to save for college or other type of technical career training is a smart choice because small amounts are contributed monthly over time.

If you’re approaching retirement in the next fifteen to twenty years, it may be time for you to focus on saving more.  Playing ‘catch up’ by contributing more can make a big difference.  It’s never too late even if the time line is getting closer.

In December 2016, FINRA (Financial Industry Regulatory Authority) released their report, “Investors in the United States 2016” .

Now that the title of this article has grabbed your attention, is there a ‘bad’ or ‘good’ time to invest? Is there a ‘science’ to timing the stock market?

Self-employment is a growing trend world-wide and in the US.  The desire to work for themselves, being able to designate working hours, and the perks of flexibility when they work is part of the reason many choose to be self-employed.

How often have you walked into your bank and been ‘invited’ to open a new credit card, or better yet ‘refinance’ your debt?

It’s common for the previous generation to think that the younger ones are less responsible, spend more, save less, and the list goes on!

2017 Retirement Plan Savings Changes For those people that are participating in a traditional 401(k) or government retirement plan such as a 457 or 403(b), contributions will remain the same for 2017.

When Overconfidence Hurts There are times in our lives when being confident is a good thing. But there are situations where being overconfident can hurt, especially when it comes to investments.

Better Now or Better Before? After the elections held last month (November 2016), many Americans are reflecting on how they ‘feel’.

Understanding Your Employee Benefits As you work and save money for retirement, take time to understand what benefits are offered at your employer in addition to your retirement plan.

Reporting to Protect Seniors From Financial Abuse July 5th, 2016 marked the passing of The Senior Safe Act of 2016.

Do You Need Long-Term Care Insurance? As Baby Boomers age, one of the planning decisions that needs to be made is how to go about providing for their long-term care needs.

Retirement is a time of excitement and anxiety regarding if your savings will last through your entire remaining life. Many retirees find that their spending is more costly in the beginning, and slows as they age.

Mental Accounting: Help or Hindrance? Mental Accounting attempts to describe the process where people code, categorize, and evaluate economic outcomes for their money.

What To Do With Your Inheritance Doing your homework and seeking advice is highly recommended when an individual or family is faced with what to do with an inheritance. Understanding your options is crucial in a potential life changing event.