3 Strikes to Avoid When Tax Planning
Taxes are among the most common concern for people in retirement. You might be wondering how to start thinking about your tax strategy, so you aren’t taxed more than you need to be. These three mistakes can [...]
Traveling in Retirement on a Budget
Retiring is a lifetime achievement marking a new chapter of exploration, journey, and relaxation. That’s why so many retirees choose to travel when they enter retirement! But affording the retirement you planned for isn’t a walk in [...]
5 Key Components to the Retirement Bucket Strategy
Saving for retirement is a long-term endeavor. It’s not about finding the next hottest stock or trying to get rich quickly. It requires a different perspective on your wealth and income that accounts for your needs in [...]
Earth Shoes and Other Products of the 70s
If you think some of the products your kids or grandkids have are strange, consider what was around in the 70s – pet rocks and beer shampoo. The 70s certainly saw some interesting trends. You may even [...]
4 Easy-to-Overlook Estate Planning Mistakes
It’s easy to avoid making an estate plan, but not having one won’t be easy on your loved ones. Having your affairs in order can greatly help your family, so consider creating a comprehensive estate plan. Unfortunately, [...]
What Is a QCD and How Does It Work?
You might expect your tax burden to decrease in retirement – after all, you’re no longer receiving a paycheck that incurs income tax, payroll tax, and Medicare tax. However, your income in retirement could be significant between [...]
Inflation and a Gallon of Milk
In 1960, a gallon of conventional whole milk was 31 cents, and today it’s $4.21 on average.[1] A few dollars might not seem like much, but that’s a 1,258% increase! Now that we’re seeing high inflation, the [...]
The Role of Melody and Memory in Retirement
When you’re at the peak of your career and starting to think about retirement, many things might be circling your thoughts. “How can I afford my retirement?” Or “What will I do with all this time?” It’s [...]
Are You Asking the Right Questions Before You Retire?
You might remember a time when markets kept increasing and your retirement portfolio was smooth sailing. But that was before the recent inflation numbers and market correction. You may have built a substantial nest egg, but even [...]