retirement planning
Retirement Planning and the “Adulting” Effect
In a post on the American Society of Pension Professionals & Actuaries (ASPPA), contributor John Iekel offers insights into the status of retirement preparation among young adults between the ages of 18 and 42 — adult children who hail from…
The Importance of HSAs in Retirement Savings Plans
Traditionally, most folks these days look to deferred compensation plans–IRAs and 401ks–as a primary source of wealth accumulation for retirement. This is especially relevant to the company-sponsored 401 k plans that offer an employer match. While all of this is…
Inflation and its Implications for Retirement Planning
Well, it looks like the days of controlled inflation are behind us for a while, despite rigorous attempts by oversight organizations to bring the economy back into a more favorable trajectory. Nevertheless, anyone conducting planning efforts for their retirement years…
What Secure 2.0 Could Mean for Your Retirement Planning
The much-discussed $1.7 trillion spending bill signed into law in December, contained a lot of items subject to ongoing scrutiny but, for those deep into retirement financial planning, the Secure 2.0 provisions embedded in the details should be studied carefully.…
New Rules for Retirement Account–A Quick Refresher
The recently-passed $1.7 trillion spending bill includes a host of big-ticket items, but one of the more obscure segments of the legislation has a direct bearing on many folks’ retirement financing strategies. If you are the owner of a 40a(k),…
Some Thoughts on Retirement Savings Planning for the Coming Year
As we look back on 2022, with its market volatility and its shifting landscape around retirement savings, one wonders what the year ahead will bring. Kiplinger contributor Jerry Golden, in a post on their website, wonders too, and offers a…
“Unretiring” Has Become an Option for Many Dealing With the Economy…But be Careful!
We’re in a pretty tough economy right now, and the outlook for the near term doesn’t look promising. As a result, and perhaps spurred on by the constant barrage of “help wanted” postings and cries of “worker shortages” we hear…
Envisioning and Defining Retirement
With all the financial and economic doom and gloom news, many retirees and pre-retirees are questioning their retirement plans. However, the media focuses on how to save for retirement, not how to spend in retirement. Jamie Hopkins uses the term…
Assessing Your Social Security Readiness
Anyone approaching the decision point on Social Security benefits needs to have a grasp on some of the key fundamentals. Failure to do so could result in decisions that, due to their irrevocability, could haunt you later in life. The…
Using Social Security’s online retirement planners
Anyone looking ahead to retirement is probably aware of the importance of understanding the details needed to make effective decisions. In an effort to help those interested in acquiring this understanding, SSA Public Affairs Specialist Catherine LeBlanc has posted an article on…