Posts Tagged ‘retirement planning’
How do catch-up contributions work?
Not everyone is able to max out their retirement contributions in the early years of their career. As retirement approaches, that can leave you feeling like you’ve fallen behind on saving. But when you turn 50, the IRS allows you to start catching up. Catch-Up Contributions You can contribute up to a certain amount, determined…
Read MoreMake Your Donations Strategic
As you build your wealth, you might be thinking about ways to give back. Charity is a valuable way to support causes important to you. Learn how charity can become a part of your financial strategy. How Charitable Giving Can Work for You Charity is a generous act, and financial planning can help maximize the…
Read MorePros and Cons of Delaying Benefits
You can start claiming your Social Security benefits when you turn 62, but you also have the option of delaying your payments. What are the potential benefits and drawbacks of waiting until your full retirement age, or delaying benefits until you’re 70 years old? Here are a few pros and cons to consider: Pro: You…
Read MoreHow to Review Your Finances Midyear
No matter how much fun your summer is shaping up to be, it’s no time to put your finances on pause. Take a look at the past six months to gauge how you can adjust your strategic or tactical actions to ensure you’re making steady progress toward your financial goals. Check In With Your Cash…
Read MoreRetirement Savings Mistakes to Avoid
A long-term savings strategy like planning for retirement relies on small steps taken over an extended period of time. Make sure you’re on track by avoiding these common mistakes. Underfunding Retirement Accounts Are you among the 71 percent of Americans who aren’t putting enough away for retirement? The most effective determining factors of a well-funded…
Read MoreLooking into long-term care insurance?
Like estate planning, long-term care insurance is a critical component of a financially secure future, but many people tend to put it off or actively avoid it. Planning ahead helps you avoid burdening your family and loved ones with the mental and financial costs of providing care. Read on for more about adding a long-term…
Read MoreWhere to Retire
If you’re like most of our clients, you’ve thought long and hard about the financial aspects of your retirement. You’ve likely worked hard and saved diligently. But, retirement for each person is different. Perhaps you plan on a working retirement with a new job and less stress, focused on what you love. Or, perhaps you…
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