2016 Key Numbers
Stay on top of your planning needs in 2016 with our four key numbers worksheets. 2016's Most Popular Key Numbers 2016's Income Tax Key Numbers 2016's Retirement Planning Key Numbers 2016's Estate Planning Key Numbers
Myth Busting: Social Security
Myth: Social Security will provide most of the income you need in retirement. Fact: It’s likely that Social Security will provide a smaller portion of retirement income than you expect. There’s no doubt about it – Social Security is an import source of retirement income for most Americans. According to the Social Security Administration, more than [...]
Retirement Confidence is on the Rise
Retirement confidence seems to have improved from record lows over the past five years, according to the 24th Annual Retirement Confidence Survey (RCS) cosponsored by the Employee Benefit Research Institute (EBRI) and Greenwald & Associates. In early 2014, 18% of American workers said they were "very confident" they will have enough money to retire comfortably, compared [...]
2013 Year-End Tax Planning Basics
You don't want to pay any more in tax than you have to. That means taking advantage of every strategy, deduction, and credit that you're entitled to. However, the window of opportunity for many tax-saving moves closes on December 31, so it's important to evaluate your tax situation now, while there's still time to affect your [...]
Healthcare Planning in Retirement
At any age, health care is a priority. But when you retire, you should probably focus more on health care than ever before. This is especially true for women. Women live longer, develop certain chronic conditions at a higher rate than men, and are more apt to experience medical limitations that directly affect their daily activities. [...]
How to Invest Leading Up To — and In — Retirement
reposted from: FoxBusiness.comby: Andrea MuradApril 12, 2013 The retirement equation isn’t looking good for baby boomers right now. “Boomers have weathered many challenges in a short period of time: the financial crisis, high unemployment, rising medical costs and supporting aging parents and adult children,” says Pat O’Connell, executive vice president of the Ameriprise Advisor Group. “These [...]
2013 Retirement Planning Key Numbers
Certain retirement plan and IRA limits are indexed for inflation each year, and many of the limits eligible for a cost-of-living adjustment (COLA) have increased for 2013. Some of the key numbers for 2013 are listed below, with the corresponding limit for 2012. (The source for these 2013 numbers is IRS Information Release IR-2012-77.) Elective Deferral [...]
How to get your 401(k) ready for retirement: Retiring in 5 years or less? 9 investing tips
reposted from MarketWatch.comby: Andrea CoombesDecember 19, 2012 If your retirement date is just a few years away, it’s time to start fine-tuning your 401(k) and your overall savings strategy. Retirement experts offered these nine tips for savers who are nearing retirement. 1. Stash some savings outside of retirement accounts Many savers keep all of their retirement [...]