The State Of – And Strategies For – Retirement In America

2019-03-10 14_58_43-1000+ Beautiful Old Age Photos · Pexels · Free Stock Photos“Maybe your retirement plan is on track, but that doesn’t mean you can rest easy. We all exist within a society and an economy. Its problems are ours, too, as we may find out when taxes rise to help pay for others to retire,” warns the author of today’s article. He proceeds to examine the state of retirement in the U.S., including how Social Security is not enough for a secure retirement, the disturbing reality regarding Americans’ retirement savings, the “indexing problem” inherent in retirement accounts, and the “double problem” facing Baby Boomers. For more – including some strategies to help counter these concerns – CLICK HERE.

Read More

The Ten Commandments, Retirement Edition

2018-09-22 19_08_47-496 Awesome Book Photos · Pexels · Free Stock PhotosAre you trying to play catch up with your retirement savings? Looking to retire early? Whatever position you currently find yourself in relative to retirement, today’s article outlines ten “commandments” that may be worth following in the aim of ultimately achieving a comfortable retirement. For these ten commandments – relating to Social Security, estate plans, taxes, health care, pre-retirement lifestyle and more – CLICK HERE.

Read More

Strategies For Achieving Alpha At Home

2018-04-21 19_45_26-Reflection, light bulb, lightbulb and light HD photo by Johannes Plenio (@jpleniAchieving alpha in the financial markets is no easy feat. As such, the author of today’s article advocates that, in seeking alpha, “all of us need to look in our backyards, where all our personal financial decisions are waiting to be optimized.” How? He outlines a number of strategies pertaining to Social Security benefits, retirement accounts and taxes which, combined, have the potential to raise a couple’s standard of living by nearly 50%. For more, CLICK HERE.

Read More

A “Three-Legged Stool” Strategy To Minimize Taxes On $100,000 Of Retirement Income

2018-03-10 19_18_37-Free stock photos of stool · PexelsHow can you earn $100,000 in retirement and only pay an effective tax rate of less than 3%? The author of today’s article outlines how, noting that “When it comes to your income, the government doesn’t tax every dollar equally. In fact, some dollars don’t get taxed at all. If you know the rules and are able to structure your income wisely, you could find yourself enjoying a high standard of living in retirement—without paying much tax at all.” For his “three-legged stool” strategy for accomplishing this, CLICK HERE.

Read More

Here’s How The Right Investors Can Still Get A Pension-Like Benefit In Retirement

2018-01-21 18_17_23-Free stock photo of american, bills, businessTraditional corporate pensions have largely fallen by the wayside in recent decades – but there is a way that investors in particular situations can still get a pension-like benefit in retirement: personal defined-benefit plans. The author of today’s article notes that, while few investors are even aware they exist, “they very much do, though now it’s up to us to set them up. And there can be huge tax advantages for doing so.” For more – including who defined-benefit plans are right for (and who they aren’t for) – CLICK HERE.

Read More

Will The ‘Tax Torpedo’ Blow A Hole In Your Nest Egg?

2017-11-05 19_19_25-Free stock photo of adult, beverage, breakfastHalf of retirees don’t need to worry about it at all. Others will have no way of avoiding it. And more and more retirees will fall victim to it in the coming years. It’s the ‘tax torpedo’, which the author of today’s article explains is “a name given to the unexpected way that Social Security can get taxed, depending on how much other income you have.” For more on the tax torpedo – including when it typically hits, why any action to keep it at bay needs to be initiated years in advance, and how exactly you can go about doing so – CLICK HERE.

Read More

Dividing Retirement Accounts “The Tax-Smart Way” In A Divorce

2017-08-06 16_54_00-Man Wearing Blue Jacket Holding a Brown Stick Towards the Heart Drawn on Sand ·Among the myriad of potential issues to contend with in a divorce is the splitting of qualified retirement accounts between you and your ex – a transaction that the author of today’s article cautions, if done without the proper due diligence, can result in a very expensive tax trap: “You can divide up tax-favored retirement account money the tax-smart way or the tax-dumb way.” What does he outline as the tax-smart way to divide up qualified retirement accounts? CLICK HERE to find out.

Read More

Windfall Wisdom: How To Manage A Large Inheritance

2017-07-02 16_05_40-Free stock photo of buy, cash, coinsIt’s a nice problem to have, but a problem nonetheless: What do you do with your windfall if you have received – or are expecting to receive – a large inheritance? Today’s article tackles the complexities of this issue, noting that “even if you have a lot of investing experience, there are plenty of tax and legal pitfalls that can trip you up.” How can you go about building a team to help you manage your inheritance? How does what you’ve inherited affect what the best thing to do with that inheritance is? And why does the author recommend a “spending timeout” following an inheritance? CLICK HERE to find out.

Read More