Retirement Planning

If you have to choose between your retirement or your children’s college savings, choose your retirement.

It was our article which first suggested this six year ago.

Most of the assets you use to fund your retirement will come from compounded growth.

A fee-only financial advisor can provide the decades of support and encouragement to make financial planning, effective life planning.

For many investors, a fee-only advisor pays for themselves in reduced expenses alone.

Risk is about understanding your own greed, fear and pride.

Sometimes the change can be in a direction you did not expect.

Every pay period, pay yourself first. You won’t miss what you don’t see.

Failure to plan for retirement is the primary reason why retirement plans fail.

Retirement doesn’t give you a second chance. Measure twice and retire once.

Find out today how much you should be saving and investing this month! If you think a $1 million dollar portfolio is overkill, you haven’t really run the numbers.

Even though you are required to start taking RMDs you can still take advantage of significant tax planning strategies.

The rules for post-70 ½ IRA contributions depend upon whether the account is a traditional IRA, Roth IRA or SEP IRA.

SEP plans offer a powerful way to provide for your own retirement in the same way that 401ks do.

Retirement planning should begin the moment you receive your first paycheck.

“In 34 years as a financial advisor, he has seen many people flunk retirement, but investment performance has never been the cause.”

David John Marotta was interviewed on radio 1070 WINA discussing which retirement accounts you should fund for the best tax outcomes.

Which account you should fund depends on your circumstances, but here are some general guidelines you can follow to make your decision.

Most tax professionals don’t think of such tax planning opportunities, because they have to focus on complying with tax accounting regulations.

Sometimes, there isn’t enough to do it all. Even then, fund your Roth.

Planning for your financial future is largely a question of dealing with the constant tension between living for today and saving for some future event.

As with many financial decisions, our gut feelings deceive us on this matter.

Here is a list of seven things which are important to ensure during these years

Because of inflation, today’s 20-year-olds will need over $7 million to have the same lifestyle when they retire.

At age 25, getting your 401(k) match funds 64.2% of your retirement.

Most young people don’t understand inflation as well as their parents and grandparents.

The study shows that 21 percent have saved nothing for retirement.

Retirement Planning is perhaps the single most important goal of comprehensive wealth management.

Your lifespan is decreased by 1.8 months for each year you retire early.

Several issues can cause retired clients to deviate from their safe spending rates.

Tax-free saving for retirement is only one of the many talents offered by Mr. Roth. If you have yet to become fully acquainted, consider this your formal introduction and start getting to know Mr. Roth today.

“Retirement today is a lot like an iceberg, where 90 percent of what’s really taking place is below the surface.”

Most people do not use all their skills at their place of work, so these other skills become hobbies. I am no exception. What I need to pursue these other dreams is financial independence, that is, decoupling my need to eat from my skill as as an artist.

Today’s carnival is all about retirement: saving for it, where to open accounts, how much to withdraw once you do retire, and more. Read on for more details!

Retirees must plan to supplement this slowly dwindling paycheck or risk having to make hard sacrifices during what is supposed to be their golden years.

“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” – Vladimir Lenin.

Securing your retirement financially is too important to leave the process up to chance and guessing.

Most married men claim Social Security at age 62 or 63, which leaves their future income well shy of what research indicates is optimal. Gentlemen, it’s time to wise up.

You should claim your own Social Security account online and give it a secure password before someone else does.

This kitten knows her retirement number. Be more like this kitten.

This kitten knows how to retire. Be more like this kitten.

It’s not just Mister Spock who is living a long life. Japanese Jiroemon Kimura’s nearly 116 years, making him the oldest man in modern recorded history, is a reminder to have a retirement income plan that will last over the long haul.

“Inflation and loss of capital pose dangers to retirees seeking a sustainable income stream.”

Most Americans fail to plan adequately for retirement. As a result, they often miss out on opportunities to enjoy the second half of life.

This article reviews the coordination rules which govern the maximum contributions to 457, 401(k) and Thrift Savings Plan. Information on 403(b) plan maximums is also included.

It’s time to consider adjusting your retirement savings. The Internal Revenue Service recently issued a variety of inflation adjustments for 2013, and retirement savers can now save even more.

Measuring progress regularly on the path toward retirement is critical. Fall too far behind, and you risk not being able to save enough to catch up. There is no downside to arriving early.

Knowing how much you should save for retirement is critical. But what if you are late getting started? The longer you delay, the shorter the time that compound interest can do its magic on your savings.

Studies show that onetime windfalls can actually impoverish you. They make you feel rich, which inevitably leads to overspending. But wealth is what you save, not what you spend.

You should save 15% of your take-home pay for retirement over your working career. As your situation varies, you must adjust your safe savings rate.