retirement planning
The tactical issues to consider when imnplementing one’s overall retirement strategy
Retirement & Estate Planning — Often in Competition
One aspect of retirement planning is protecting the assets you have accumulated. Estate planning is also about protecting the assets you have accumulated but comes at the issue of asset protection from a different aspect. For example, in retirement planning, one is concerned with asset allocation–the idea of spreading your money among different asset classes so that a decline in [...]
Categories: estate planning, retirement planning Tags: estate planning, retirement estate planning, retirement planning
Retirement & Estate Planning — Often in Competition
One aspect of retirement planning is protecting the assets you have accumulated. Estate planning is also about protecting the assets you have accumulated but comes at the issue of asset protection from a different aspect. For example, in retirement planning, one is concerned with asset allocation–the idea of spreading your money among different asset classes so that a decline in [...]
Categories: estate planning, retirement planning Tags: estate planning, retirement estate planning, retirement planning
The Right Retirement Planning Consultant-Financial Advisor or Therapist?
Know what you need when you seek a retirement planning consultant. Make a list of questions you want answered. Some retirement planning consultants have a psychology and therapy background and deal with the issues of transition of working to not working. They address such retirement planning issues as: Leaving the friendships and social interaction of work How to use [...]
Categories: retirement consultants, retirement planning Tags: retirement planning consultant
Retirement Planning Checklist
If you don’t plan where you’re going, you’ll probably get there. To have the comfortable retirement you desire, you need to plan ahead. In 60 minutes using this retirement planning checklist, you can lay the groundwork for the retirement you desire. How do you want your retirement to look? What is your average day? Where do you live? Do you [...]
Categories: retirement planning, retirement plans Tags: retirement financial guide, retirement planning checklist
Free Retirement Planning
We’ve all heard the saying, “there’s no such thing as a free lunch,” but in fact, there is. Many financial planners will invite you to a free lunch to hear their presentation in hopes that you want to meet with them individually. They will in fact offer a free retirement planning session. How can they make money doing this? In hope [...]
Categories: retirement planning Tags: free retirement planning
Retirement Planning Tips For Taking Your Lump Sum
You’ve decided to retire now. You know how much you’re due from social security and any pension too. Then there’s the lump sum from your defined contribution plan at work. What retirement planning tips can help you make the most of your lump sum? In most cases, you want to do a direct rollover of the lump sum into a new [...]
Categories: retirement planning Tags: ira rollover, lum sum, retirement planning
Ten Questions to Select the Right Retirement Financial Planner
Selecting the right retirement financial planner is important to you. Here are questions to ask a retirement financial planner candidate that will help distinguish one from the other. 1. What experience do you have with retirement financial planning? Find out the percentage of his clients by age category. You want to make sure that the bulk of his clients are [...]
Categories: retirement planning, retirement plans Tags: retirement financial planner, retirement plan
Retirement Manager from Morningstar Simplifies 401k Management
Do you have funds in a 401k and have you often had questions about managing those funds? Its quite possible that the plan administrator or your employer offers Morningstar Retirement Manager as a tool to make 401k management easier. While software is never as good as sitting with retirement advisors to get in-person individualized advice, this software is a good [...]
Pre-Retirement Planning: What Seniors Need to Know
There are three big areas on which to focus your attention in your pre-retirement years. Sufficient Retirement Capital You likely need more than you think to provide sufficient retirement income. There are lots of “rules of thumb” you may hear like “you need 70% of your pre-retirement income. Don’t rely on these simplistic rules. If you want to do it [...]
Categories: retirement planning Tags: pre-retirement planning, retirement income, retirement investing
