Our Retirement Blog

Income Planning is a Big Part of the Equation

Greetings! I trust that this finds you well and enjoying life.I want to pose a question. What does your retirement income plan look like? Do you have one? Accumulating a reasonable level of assets for retirement and the strategy involved in that is certainly a necessary endeavor. However, structuring a… ...

How to Process Saving for Retirement

Greetings! I hope and trust that this finds you well and enjoying life. Many Americans realize how important it is to save for retirement, but knowing exactly how much you need to save to be secure is another matter entirely. Everyone’s situation is unique and it’s sometimes challenging to determine… ...

Happy New Year!

Greetings! I trust that this will find you well and enjoying life. Every week here we focus on financial health, most often financial health as it relates to retirement. For a change let’s consider physical health as we begin a new year. A new year is an excellent opportunity to… ...

Merry Christmas

Greetings. I trust that this will find you well and in good spirits! Christmas, what a wonderful time of the year! Family is so important to Christmas. I hope you have an opportunity to experience your loved ones at this time of the year and become renewed through it. Giving is… ...

A Tip for Controlling Your Destiny

Greetings! I trust that this will find you well and in good spirits. I can’t emphasize strongly enough the importance of you keeping up with current financial affairs to a certain degree. Over time by staying in tune with the ebb and flow of the economy and the markets, you will… ...

Tips for Practical Living in Retirement

Greetings! I hope that this finds you well and in good spirits! There is an enormous amount of research that points to the fact that we all have a chance to live longer in retirement than we anticipated. I saw a statistic recently that reported that all known medical information doubles… ...

Will You Outlive Your Money?

Greetings! I trust that this finds you well and enjoying life. Before you retire, take the time to figure out just how much money you’ll need for retirement. One of the biggest concerns for retirees is whether their retirement savings will last the rest of their lives, will they run out… ...

Happy Thanksgiving

Greetings! I trust that this will find you well and enjoying life. My favorite time of the year, duck season and oh yes of course the holidays! But seriously folks it’s the holidays, the best time of the year for a lot of reasons. Thanksgiving as a prominent nationally celebrated holiday second… ...

How Will You Spend Your Time In Retirement?

Greetings! I trust that this will find you well and enjoying life. Experiencing meaning, purpose, and happiness in retirement won’t happen unless you make it happen. Advanced planning on how you will spend your time and energy is as important as the financial planning you do as you approach the big… ...

Early Retirement Considerations

Greetings! I trust that this finds you well and enjoying life. As you near retirement age, you may be offered early retirement by your employer who may refer to the offer as a golden handshake or a golden parachute. The offer usually consists of severance payments and post-retirement medical coverage combined… ...

Quality of Life in Retirement

Greetings! I trust that this finds you well and enjoying life. To live well in retirement, you have to embrace change and longevity planning. As you get older your circumstances will continue to change, sometimes rapidly. What doesn’t change is your desire to be independent, to have social connections that enrich your… ...

It’s Complicated / Money and Happiness

I trust that this will find you well and enjoying life. It’s complicated money and happiness. Does more wealth lead to happiness? Researchers have tackled this question for decades, and although the results have differed, one fact is certain: The relationship between money and happiness –or “well-being,” as many researchers put… ...

Do You Know Where You Stand?

I trust that this will find you well and enjoying life. I have a question for you and I want an honest answer. Do you know where you stand financially at any given point in time? To be more specific, do you know within a few thousand dollars what your assets… ...

Your Physical Health in Retirement

Greetings! I trust that this will find you well and enjoying life. The question often is, is there a biggest mistake people make when approaching retirement? In my opinion, there is a mistake that involves the biggest possible consequences. Many people in their 50s and beyond are making a serious mistake and it has… ...

Examining Withdrawal Rates

Greetings! I trust that this will find you well and enjoying life. During your working years, you’ve set aside funds in retirement accounts such as IRAs, 401(k)s, and other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing income… ...

Handling Market Volatility

Greetings! I trust that this will find you well and enjoying life. Conventional wisdom says that what goes up, must come down. But even if you view market volatility as a normal occurrence, it can be tough to handle when it’s your money at stake. Though there’s no foolproof way to… ...

Let’s Talk About Risk

Greetings! I trust that this will find you well and enjoying life. To be honest with you I have to say that my head is spinning from the demands of the last two weeks and hurricane IDA. I very much hope that your recovery is easy and well underway. If… ...

Bridging the Retirement Income Gap

Greetings! I trust that you are well and enjoying life. When you determine how much income you’ll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you grow closer to retirement, you may discover… ...

Converting Retirement Accounts Into Income

Greetings! I trust that this finds you well and enjoying life. For several weeks now we’ve been examining common retirement income strategies. For most of us in retirement financial security is predicated on a stable, reliable income. We’ve examined the methods of taking a stated withdrawal or spend down rate from… ...

Reverse Mortgages

Greetings! I hope this finds you well and enjoying life. Last week I had two clients to ask about reverse mortgages and it happens more and more frequently. In the last five years or so banks have taken steps to make them more attractive. I located the following information and I… ...