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.
Posts Categorized: Retirement Planning
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.
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?
Could you be legally liable for paying for your parents’ care?
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.
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.
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.
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.
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.
A recent Morningstar Advisors article outlines some estate planning strategies to take maximum advantage of your IRA’s tax-saving benefits.