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Blog posts tagged with "retirement"
Keys to Creating a Satisfying Retirement
You've done your retirement homework. Your assets are reviewed, you know your financial needs, and your retirement tax plan is in place. Are you ready to enjoy retirement? Probably, but not without a plan to address what happens to many after they re
IRS and SSA release 2018 tax numbers
The IRS and the Social Security Administration published some inflation-adjusted numbers for retirement contributions and gifts for 2018. You can use this information as you begin your tax and financial planning for the coming year.
2017 Retirement Plan Contribution Limits
As we ease into fall, let’s review the maximum contribution limits for Retirement Plans for 2017.
Three actions to save for retirement
If you haven't started saving for retirement or you haven't saved enough, here are three actions you can take to put you in a better position during your golden years:
December 31: the deadline to donate or distribute
As an IRA owner, you've probably heard about required minimum distributions (RMDs). These account withdrawals, which are mandatory once you reach age 70 &1/2;, are coupled with a steep penalty for noncompliance, and you're generally required to take...
How to Live Within Your Means in Retirement
Looking back over advice I've given clients and blogs that I've written for our website, I realize there are a few topics that keep rising to the top. Call me crazy, but I really like educating people on retirement planning...
Follow these suggestions for a comfortable retirement
Planning for a comfortable retirement involves coordinating many moving parts. But you can begin by setting up a broad outline and filling in the details once you've taken the first steps.
Investing During Retirement and Avoiding Uncle Sam’s Tax Booth, Part 2 of 3 in a Series
People usually spend thirty to forty years saving and investing for retirement. Many become very familiar with the tax rules as they grow their accounts and keep taxes as low as possible during their working years. Then retirement comes and...
Investment Update
For the calendar year 2016, the S&P 500 Index is up 3.84%. As you can see from the chart below, which shows performance year to date, the index has rebounded from its February lows. The 10% decline that ended in February has been recovered.
Retiring this summer? Plan for estimated tax payments.
Early retirement, delayed retirement, phased retirement - if you've decided this summer is your time to leave the workforce, you have decisions to make. One of them
Are You Managing Your Retirement Account Correctly?
Retirement accounts are massively important - once you stop working full time, they become your new source of income. But they are also important during your working years.
Social Security’s Effect on Retirement
Have you ever put together a jigsaw puzzle? If you're like me, you dump out all of the pieces, turn them so you can see a glimpse of the picture, sort out the edge pieces...
Investing for Your Retirement and Avoiding Uncle Sam’s Tax Booth Part 1 of a Series
Each investment decision you make comes with some sort of tax impact.A taxable account is perhaps the most common type of investment account.
Looking for the perfect place to retire? Don’t look too far
Ashland may not be known for its sandy beaches or warm winters, but it may need to be on your retirement destination radar for another reason: Ashland was recently rated
Don’t forget to include Retirement Planning as a line item of your budget!
I’ve yet to meet anyone who doesn’t want to retire “someday.”..
Saving for retirement - some things never change
We are celebrating 32 years of service to our clients this month! Since our firm’s inception in 1983 a lot has changed but some things remain the same.
Retirement Game Plan
Autumn in Ohio means football season, and as an alumnus of Ohio State, football is one of my favorite sports – Go Buckeyes!
Social Security and Cash Flow Planning
I am a fan of budgets! Yes, that might make me a nerd, but I'm good with that. Some might think that being on a budget is too restrictive, but I have personally found that...
Retirement Planning
When planning to build a house, you first brainstorm. What is important? Essential? Nice, but maybe not necessary? Then a blueprint is designed. Most contractors would not...
Retirement Calculators Only Go So Far: Trusted Financial Advice Takes You to the End
Just for fun, I Googled “Retirement Calculators” to see what I could find. And yes, I actually used some of the calculators to make sure my husband and I were
IRS Publishes 2015 401(k) and other Retirement Plan Contribution limits
Planning ahead for next year? Want to know what you can contribute to your retirement plan next year? The IRS recently released limits for 2015 retirement plans:
Four year-end retirement plan reminders
Retirement plans are one of the best ways to cut your current tax bill while you put money away for your retirement years. Here are four year-end reminders.
Retirement Plans - Benefits Galore
Company sponsored retirement plans come in many sizes, shapes and colors.The number of employees dictates the types of plans an employer may adopt. A SIMPLE IRA is more
3 Common Mistakes to Avoid When Retiring
Through the years the old cliché “an ounce of prevention equals a pound of cure” has proven true over and over again. The choices made at retirement will literally last a lifetime.
Taxes and retirement accounts
Retirement accounts grow tax-deferred until you need the funds. However, in most cases your money cannot remain in these accounts forever.
“Are we there yet?” 4 Steps to plan for one of life’s greatest events
As our summer comes to a close, our long road trips to vacations or favorite weekend destinations come to an end, too. Retirement planning is much the same.
Don't make these common IRA mistakes
These days we need to do all we can to boost our retirement savings, and tax breaks can be a big help. Using a traditional IRA to build your nest egg is a great idea. Jus
Longevity Risk & Survivor Benefits
As you plan for retirement, one of the risks that you need to keep in mind is longevity risk, the risk of running out of retirement resources during your lifetime.
Understanding the Social Security Lingo and Why it Matters to You
In previous blogs, I’ve written about key terms that affect your decision on when to start taking Social Security Benefits.
Success Stories of Strategic Timing
Adapted from Real Life Stories As we meet with clients approaching retirement, it’s interesting to listen to them talk about when they intend to start taking their
2019 Archive
2018 Archive
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