Touching The Retirement Accounts. Do’s & Don’ts
When changing jobs or retiring, it’s always prudent to consider all your options as far as employer-sponsored retirement accounts. In rare cases, it can make sense to do nothing, and leave the retirement account with the old employer. There can also be benefits to transferring the account to your new employer’s plan. And sometimes, it […]
How To Budget a Sustainable Retirement
Developing an effective budget is one of the most avoided aspects of the financial planning process. However, a realistic sense of one’s budget is essential since it is only possible to determine the sustainability of a financial plan with one. Budgeting is tied to cash flow, so not having a reasonably accurate sense of expenses […]
Bucketing Bummer. The Retirement Rules Have Changed… Again.
COVID placed a ‘wedge’ in the retirement plans of almost all retirees. Far too many people I meet think of their money as one giant “lump.” If you think of it that way, then you are likely missing an opportunity to be efficient (and probably in multiple ways). You’re missing a “broad landscape” opportunity to […]
