Blog Archives

Category: Retirement Planning

Strategies to Navigate A Challenging Market and Economic Environment

July 27th, 2022|

The year’s unusual economic and investment uncertainties have not been witnessed in decades. High inflation, raising interest rates, and declining prices in both the equity and fixed income markets have been painful for investors, consumers, and businesses. My last blog (titled "Is The Economy in Recession?") discussed these difficult [...]

Why You Will Eventually Be Forced to Withdraw Money from Your Portfolio

April 30th, 2022|

Nobody likes surprises, especially when it comes to the subject of money! When I work with mid-life professionals thinking about career transition and/or retirement, they are often surprised to learn that they will eventually be forced to withdraw money from their Traditional IRAs and Traditional 401(k) plans later in [...]

To Spend During Your Retirement Years…or Not?

March 10th, 2022|

About 77% of retirees between the ages of 62 and 75 plan to spend down at least some of their retirement assets. The top reasons cited include lifestyle, medical expenses and health insurance, housing expenses, and discretionary spending. The remaining 23% intend to maintain or grow their assets. Why [...]

Financial Strategies To Consider Before You Stop Working

August 25th, 2021|

When it comes to planning for retirement, savers often try to allocate as much money as possible in employer-sponsored retirement plans and IRAs. And why not?! The tax deferral features of these accounts may provide years of attractive growth without paying Uncle Sam any taxes until the time you [...]

When is a “Too Good to be True” Financial Strategy Truly Good?

June 22nd, 2021|

Every Now and Then, “Too Good To Be True” Should Not Get a Bad Rap! In my role as a wealth manager, financial firms regularly approach me to discuss planning strategies or investments that they promote as innovative and unique. Most of the time, I find that they are [...]

Retirement Confidence: Americans Moving Toward Better Outcomes?

May 5th, 2021|

Spring has sprung in most parts of the country and with it has come not only the return of nice weather but hopes of the resumption of normality in our lives. One surprising aspect of these times has been how well the household finances of many American households have [...]

Americans May Be Delaying Their Retirement Plans

April 19th, 2021|

More People Delay Claiming Social Security The average age for claiming Social Security retirement benefits has been steadily rising. Older Americans are working longer, in part because full retirement age is increasing incrementally from 66 to 67. A worker may begin receiving Social Security retirement benefits as early as age [...]

Are Rising Healthcare Costs During Mid-Life Transition an Unsolvable Riddle?

March 5th, 2021|

When we think of healthcare these days, our thoughts are most likely focused on the well-being of our family and close friends during these uncertain times of Covid-19. Even as the rollout of remarkable Pfizer and Moderna vaccines accelerates and the rate of new coronavirus cases declines, many people [...]

Rising Healthcare Costs May Challenge Your Mid Life Career Pivot More Than Covid-19

February 26th, 2021|

Career transition or job loss is always an important life event but it can have especially significant implications in mid-life. And when you find yourself facing mid-life job change during a global pandemic, there really are many important questions to consider. Do you want to stay in your current [...]

Could a “Working Retirement” Make Sense for Your Mid-Life Career Pivot?

February 2nd, 2021|

Working After Retirement In 2020, 74% of workers said they expected to work for pay after retiring from their regular jobs, but only 27% of retirees said they had actually done so. This large gap between expectation and reality has been fairly consistent in surveys over the past 20 [...]

Go to Top