Our Retirement Blog

Income Planning is a Big Part of the Equation

Greetings! I trust that this finds you well and in good spirits. 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 strategy involved in that is certainly a necessary endeavor. However structuring… ...

Minimizing tax Liability

Greetings! I trust that this finds you well and enjoying life. Whether you’re already retired or knocking on the door, one way to potentially maximize your savings, investments and income is to minimize your tax liability. Tax-deferred vehicles are more tax efficient since money can grow without the annual burden… ...

It All Adds Up

Greetings! I trust that this finds you well and enjoying life. A common strategy to save for retirement is to allocate funds for a tax-deferred retirement account, such as traditional IRA, employer-sponsored 401 (k) or 403 (b) plan. However, one drawback to saving via these plans is that when you… ...

Watching It Closely In Retirement

Greetings! I trust that this finds you well and enjoying life. Investment planning during retirement is not the same as investing for retirement and in many ways, is more complicated. Your working years are your saving years. With luck, your income increases from year to year as you receive promotions… ...

Sometimes Little Things Make Big Differences

Greetings! I trust that this finds 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… ...

Managing Income Taxes In Retirement

Greetings! I trust that this finds you well and enjoying life. During your retirement years, it’s important to pay close attention to the income tax consequences of your investment decisions. If you receive a great deal of investment income when retired, for instance, the taxation of your Social Security benefits… ...

How To Manage A Retirement Income Shortfall

Greetings! I trust this will find you well and enjoying life. I am aware that this week’s topic is somewhat lengthy. However I find more and more retirees and persons approaching retirement being challenged to examine a retirement with an income shortfall. The experience can be radical unless you plan… ...

Continuing Care Retirement Communities May Be Resourceful

Greetings! I trust that this finds you well and enjoying life. Continuing Care Retirement Communities May Be Resourceful CCRCs are retirement facilities that offer housing, meals, activities and health care to their residents. These communities appeal to people who are currently in good health, but who worry that they may… ...

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… ...

Knowledge is Power

Greetings! I trust that this finds you well and enjoying life. Someone asked me a long time ago how they could learn more about money. My response was for them to make a habit of reading the money section of the Times Picayune each day. A lot has changed hasn’t… ...

Resolving Projected Income Shortfalls

Greetings! I trust this will find you well and enjoying life. Many people are finding it increasingly difficult financially to retire. I trust that the following ideas on managing an income in retirement will be useful. When you determine your retirement income needs, you make your projections based on the… ...

Stay the Course

Greetings! I trust that this will find you well and enjoying life. What a great market update report this week. All time highs in stock markets broken. It’s important to not get caught up in all the media hype and compromise your personal investment strategy. Stick to the asset allocation… ...

How to Reduce Taxes On and Reductions In Social Security Retirement Benefits

Greetings! I trust that this will find you well and in good spirits. I saw this article recently and found it to do a great job explaining an important nuance on maximizing social security benefits. I hope it will benefit you in your planning. Planning for Earned Income in Retirement… ...

Controlling International Volatility

Greetings! I trust that this will find you well and in good spirits. I am constantly reminded that we live in an ever increasing global economy. Economic events in other parts of the world affect our markets or vice versa. This seems more and more the rule rather than the… ...

True Investor Identity is Critical

Greetings! I hope this finds you well and enjoying life! The US economy continues to show signs of recovery. If our leaders in Washington could just get it together, I believe that the economy could well take off. At present I still have concerns about their ability to lead us… ...

Minimizing Taxes of Your Social Security Retirement Benefit

Greetings! I hope this finds you well and enjoying life! Did you know that you might have to pay federal income tax on your Social Security retirement benefit? If the only income you had during the year was Social Security income, then your benefit usually isn’t taxable. However, if you… ...

Manage Income Taxes on Your Investments in Retirement

Greetings! I hope this finds you well and enjoying life! During your retirement years, it’s important to pay close attention to the income tax consequences of your investment decisions. If you receive a great deal of investment income when retired for instance, the taxation of your Social Security benefits may… ...