Preparing the Next Generation to Inherit Wealth

Estate planning is an important part of retirement planning for many reasons: You've worked hard for your money and want to see it passed down in the most efficient way possible for your loved one’s benefit. Unfortunately, costly mistakes are all too easy to make. Without careful planning and discussion, you could end up passing [...]

By |2020-08-31T12:30:07+00:00August 31st, 2020|Estate Planning, Financial Planning|0 Comments

You Don’t Have to Downsize to Declutter

If your nest isn’t as full as it once was, or you have more time on your hands in retirement, consider decluttering. Even if downsizing in the near future isn’t part of your desired retirement lifestyle, having less clutter in your living space and better organizing the remaining stuff can help make a world of difference. If [...]

By |2020-08-28T03:13:56+00:00August 28th, 2020|Lifestyle|0 Comments

4 Goals to Meet When Crossing the Retirement Finish Line

You have so much to celebrate and look forward to as you near and enter retirement: Retirement means the end of a long career, but the beginning of something new, and the “what” is up to you. The way you finish the race can impact the rest of your retirement, whether you’re approaching retirement or [...]

By |2020-08-24T13:18:27+00:00August 24th, 2020|Retirement Planning|0 Comments

Can Nostalgia Overcome Aging?

You might think that the more recent an event, the easier it would be to remember it. And you might think that things that happened to you a long time ago would be harder to recall, but the human brain and memory are actually more complex. There is what psychologists call a “reminiscence bump,” which [...]

By |2020-08-21T19:34:58+00:00August 21st, 2020|Psychology|0 Comments

Note These 3 Retirement Risks

Imagine you’ve saved your target amount for retirement and are on track to receive your optimal Social Security benefit. Many think these are the only things to take care of, but retirement planning consists of much more. It’s also crucial to consider how much risk you’re taking and how much risk your money can manage. [...]

By |2020-08-17T02:10:09+00:00August 17th, 2020|Retirement Planning|0 Comments

When It Comes to Social Security, Focus On What You Can Control

  Even if you don’t plan to rely primarily on Social Security for income in retirement, it’s still an important part of your retirement plan. Despite its importance, only 4% of retirees claim Social Security benefits at the optimal time, losing out on an average of $111,000 per household, according to a recent study.[1] You [...]

By |2020-08-10T13:09:22+00:00August 10th, 2020|Social Security|0 Comments

3 Ways to Create Your Own Blue Zone

Have you heard of “Blue Zones”? No, they’re not places where everyone is a Democrat. They’re places in the world where there is an unusually high number of people living into their 90’s and even 100’s. These populations are known for maintaining good health well into old age. It’s not that they have special technologies, [...]

By |2020-08-07T20:09:16+00:00August 7th, 2020|Lifestyle, Retirement|0 Comments

Pension Or No Pension, Have a Plan for Creating Retirement Income

Here's proof that funding retirement has changed: In 1970, 45% of private-sector employees were covered by a pension plan.[1] Now, 4% are covered.[2] Pensions have largely been replaced by 401(k), IRAs, and similar retirement plans, and retirees must find a way to make their savings last throughout retirement. If you are lucky enough to have [...]

By |2020-08-03T01:08:27+00:00August 3rd, 2020|Financial Planning, Retirement Planning|0 Comments