Divorce Financial Planning and Retirement Divorce financial planning typically refers to the actual planning done during a divorce. When planning for retirement, there are certain aspects that you should be aware of if you have ever been divorced at some point in your life, even if you are now married. Of course, this is in […]
Financial Planning and Divorce Read More »
The American College of Financial Services has published 18 risks you face in retirement. In Part 2, we discuss the risks associated with aging, public policy risk, and more. The takeaway: You often get to choose the risks you want to mitigate, but it usually means taking on a different risk. 9 Mistakes to Avoid
Risks in Retirement – Part 2 (Ep. 9) Read More »
Retirement Risk Mitigation The American College of Financial Services has published the 18 risks you face in retirement. In Part 1, we discuss longevity risk, sequence of retirement risk, market risk, interest rate risk and more. The takeaway: You often get to choose the risks you want to mitigate, and which ones you’re okay with.
Risks in Retirement – Part 1 (Ep. 8) Read More »
Retirement planning, and retirement itself, often involves volatility, uncertainty, complexity and ambiguity. These make up the acronym VUCA, which is a framework that is gaining popularity with the pandemic. Originating out of the US War College and applied to corporate America, I attempt to discuss the framework in the context of retirement. Listen in your
Retirement and VUCA (Ep. 7) Read More »
Retirement Planning at Important Ages For better or worse, there are a lot of retirement planning rules that involve how old you are. Knowing these rules can help you avoid higher taxes (and penalties), but they can also allow you to take advantage of certain benefits. Age 50 Once you turn 50, you are allowed
Retirement Planning Important Ages Read More »
Tax planning in retirement can mean a few different things. Taxes will be the largest expense in retirement for many of you. There are some simple strategies that can have a concrete impact on your taxes, but there are also multi-year strategies that require projections and a little bit of art. These can also be
Reducing Taxes in Retirement (Ep. 6) Read More »
Retirement Planning and the SECURE Act The SECURE Act was a big deal when it was passed in December of 2019. However, just a few short months later COVID-19 hit and the CARES Act was passed. Most people never had a chance to incorporate the SECURE Act into your retirement plan before dealing with the
Retirement Planning and the SECURE Act Read More »
Retirement Planning with the new SECURE Act and money scripts are discussed. The SECURE Act made changes to RMDs, QCDs, inherited accounts and contributions. The pandemic reached the US a few short months after passage, so most people haven’t had a chance to incorporate these changes into their plan. Money scripts include money worship, money
Retirement and the SECURE Act, Plus Money Scripts (Ep. 5) Read More »
Retirement planning has been affected by The CARES Act, which was passed by Congress in response to the COVID-19 pandemic. While there were many provisions, there are some specific examples that apply to people near or in retirement. No RMDs are required in 2020, and there’s a way to undo it. There are also some
What Retirees Should Know About the CARES Act (Ep. 4) Read More »
The inaugural episode of For Your Retirement walks you through a retirement focused case study. Financial Planning is more than investment management, even goals-based investment management. This episode should illustrate what that means. Areas covered include tax planning, investments, income planning, estate planning, insurance planning, and government benefits optimization. Read the Case Study Listen in
Ep.1 Retirement Planning Case Study Read More »
