The Secure Act 2.0 overhauls, pioneers, and expands upon many new rules for retirement savers. But what are key provisions that new retirees should be aware of? The full text of the omnibus bill text can be found here. What are the important retirement provisions? Section 107: Increases to RMD ages for some retirees Effective […]
The annual Retirement Confidence Survey consistently shows retirees’ expectations pre, and post-retirement may not always be realistic for specific areas of retirement planning. A realistic financial plan will consider all variables and any high-risk scenarios. Being real with expenses Expenses are one of the most disliked aspects of developing a financial plan. It’s almost impossible […]
Almost everyone loves owning income-generating rental real estate, especially in those early retirement years. What’s not to love? It can provide consistent income, and you may even be able to enjoy it. Inherent benefits aside, it’s vital to understand when taking on such an endeavor that one treats it like a business – because it […]
Everyone needs an Estate Plan, and most of the people I’ve met prefer the idea of being remembered in a positive light – especially in the eyes of those they care most about. What people do not want are heirs remembering a total mess. The Estate Tax & The Marital Deduction As of 2022, every […]