Why stop working if you’re healthy and enjoying what you’re doing? A majority of boomers expect to work in their sixties and seventies, and that expectation may reflect their desire for engagement rather than any economic desperation. Baby boomers realize that their retirements may not unfold like those of their parents. New survey data from…
I’m grateful that most of the folks that I meet with are comfortably on their way to retirement or comfortably in retirement. I came across an article recently that reminded me of a number of conversations I’ve had over the years though. I hear stories of children (and grandchildren) that struggle financially. The article confirms…
You may have worked 30-40 years waiting for the day to come and walk into the hopeful bliss of retirement. When that day comes; if you’re married and if you’re not on the same page, bliss can easily turn to regret if not agony. The most successful retirement couples I’ve worked with are those that…
When we look at the “Smart Money Ladder” there are only two choices at the very top. This is one of them. If you are solopreneur this is an option well worth considering. If you find yourself as a solopreneur (even part-time) you should look at the potential of the Roth Solo 401(k). If you…
The smart money knows how devastating taxes can be to a good retirement plan. With the size of our national debt (and despite the best we can plan) the government (GOP or Dems) could decide to raise our taxes one day to handle the massive burden that continues to build every day. Our national debt…
If you’ve experienced the passing of a loved one and become an executor (or personal representative) you know well the long list of issues that have to be confronted. If not, the article below will give you a head start. Depending on your family, estate, desires or other reasons the list may be longer for…
I hope you’ve had a great summer and are doing well. For us, school and homeschool are back in full swing. That means all the fun of volleyball, soccer, piano and whatever else the kids can convince us to take them to. It’s all good! Getting our family back into a regular routine is good…
I have conversations regularly about how to finance long-term care issues through your 2nd Half. Given the opportunity, I would much rather have conversations about being healthy and enjoying a long and meaningful 2nd Half. For many, I realize this isn’t always possible. Some I talk to don’t want to enjoy a long 2nd Half.…
Most all of us have either minor children or grandchildren that we want to bless at our death. The question arises regularly whether they should be named as a beneficiary with life insurance, IRA and Roth accounts, 401(k)’s and 403(b)’s and other accounts that have a beneficiary designation. Although this week’s article covers IRAs the…
Many of you are aware I went through the most difficult and challenging time of my life years ago during divorce. I have a special place in my heart for anyone who is going through this. The process can be devastating, the decisions overwhelming and seeing your children hurting and confused is agonizing. Read about the…