The COVID-19 pandemic has led to volatile markets, and your retirement account may have a much smaller balance than only a few short months ago. In response to the economic… Read More »
Posts Categorized: Retirement Planning
IRS Now Allows IRA Distribution Deferrals
IRA growth after retirement has previously been limited by required mandatory distributions. A new deferment option now allows seniors the opportunity for more retirement account growth.
Retirement is not all golf and grandchildren. Many people spend years planning for retirement and think they have it all figured out, until they actually retire. A recent Wall Street Journal article set out a few areas where retirees don’t know as much as they think they do.
Get That Retirement Nest Egg Growing!
While saving more for retirement is a popular New Year’s resolution, it often fails because people don’t have a plan to actually save more. The first months of the New Year are over. Are you on track to save as much for retirement as you thought?
Just When You Started to Have Some Peace of Mind, The Bill Rolls in
Could you be legally liable for paying for your parents’ care?
Your Will and Your RLT are NOT the Final Word on Your IRA
The only time your Will would control who gets your IRA is if your estate is the beneficiary. You should think twice before naming your estate as the beneficiary of your IRA.
Dementia and Decision-Making
According to the Alzheimer’s Association, more than 5 million Americans today have Alzheimer’s disease, the most common form of dementia. Thus, it’s likely that you or someone you know has a loved one living with dementia.
What does the Debt Ceiling Deal mean for Seniors?
The U.S. Debt Ceiling was raised before the magical August 2 deadline amid great hand-wringing and “the sky is falling” rhetoric out of our nation’s capitol. Despite the tireless efforts of our tireless representatives, our stock market still plunged, and global markets followed suit. Making sense out of the baloney sandwich we have just been fed is tricky.
Are You Looking for a Retirement Career?
From The Wall Street Journal Online (June 19, 2011): For retirees calling it quits from the 9-to-5 world, it might be worth considering another career move: landlord.
Hiring a Caregiver is Trickier than You Think
You might be surprised at what a Pandora’s Box you can encounter when you hire a caregiver. Getting a little expert guidance will go a long way toward avoiding financial and legal problems.