Retirement is a decision that can seem nearly impossible for the modern-day pre-retiree: how much money will I need to last throughout retirement? For those lucky enough to possess a $1 million nest egg, the question of financial security can…
As a business owner, it’s important to be proactive and well-informed when it comes to planning for retirement. For S-Corp or LLC owners, understanding the different types of retirement plans available can help provide financial security during your golden years….
As a pre-retiree or retiree, you may be familiar with the 401K savings account. However, what you may not know is that this asset can be rolled into an individual retirement account (IRA) to provide more flexibility and control over…
As doctors, it can be challenging to manage your finances and build long-term wealth for the future. Whether you’re part of a privately owned practice or an affiliate of a larger organization, you must devote significant attention to financial planning…
Are you soon approaching retirement age? If so, it’s important to be aware of the “Retirement Rule of 70/80″—no matter what your current financial situation may be. This critical financial rule will provide an extra layer of protection and peace…
Are you nearing the end of your working career and beginning to think about transitioning into retirement? It’s an exciting time full of opportunities, but Unfortunately, making the transition is not always straightforward. We will provide pre-retirees with some essential…
Are you looking for ways to secure your financial future and build tax-free wealth? Retirement brings with it many questions about how best to use available resources and prepare for the years ahead. Fortunately, building tax-free wealth is possible as…
Do you ever find yourself overwhelmed with the thought of budgeting for all your financial needs? You’re not alone. Most people don’t know where to start when it comes to managing their savings, investments, pensions, and other sources of income….
With their career over, many pre-retirees and retirees may be wondering how much money they will need in retirement to live comfortably. While everyone’s financial situation is unique, one good general rule of thumb when considering a good monthly retirement…
Key Points Required Minimum Distribution (RMD) Changes The SECURE Act of 2019 raised the age for RMDs from 70½ to 72. SECURE 2.0 further raises the RMD age from 72 to 73 in 2023 and 75 in 2033. If the…