What is a Backdoor Roth IRA? Everything You Need to Know

What is a Backdoor Roth IRA? Everything You Need to Know Saving for retirement is a crucial aspect of financial planning, but navigating the complexities of retirement accounts can be overwhelming, especially when income limits come into play. Fortunately, there’s a lesser-known strategy that can provide a loophole for high-income earners to contribute to a […]

Factoring Inflation into Your Retirement Plan

Factoring inflation into your retirement plan

Factoring Inflation into Your Retirement PLan Are you currently saving for retirement? Have you calculated how much money you’ll need to maintain your standard of living in your later years? We recently had a client tell us that they can live off of $120,000 a year in retirement, so they only need to save $2,000,000 […]

Investing Tips for Retirement: The Behavioral Perspective

Investing Tips for Retirement: The Behavioral Perspective Achieving success in investing for retirement is a critical financial goal that requires a solid understanding of investment principles and a disciplined approach. However, investing for retirement is not just about choosing the right investment vehicles. It’s also about understanding your own behavior as an investor and learning […]

What Is A Qualified Retirement Plan?

What is a Qualified Retirement Plan? A qualified retirement plan is a type of employer-sponsored retirement savings plan that is designed to provide tax benefits and retirement income to employees. These plans not only help individuals save for their future but also offer opportunities to enjoy a fulfilling retirement with various things to do during […]

Advantage Of Investing Early For Retirement

What Is the Advantage of Investing Early For Retirement? Investing early for retirement is a smart financial strategy that can bring numerous benefits to individuals looking to secure their financial future, including the ability to enjoy traveling after retirement. The amount of money that will be available to you in retirement will depend considerably on […]

Working in Retirement: Pros and Cons

Working in Retirement: Pros and Cons You have finally reached retirement. Now what? For some individuals, retirement may mean taking it easy, traveling, and spending more time with loved ones. For others, retirement may mean finding new opportunities for work and engagement. We will examine some of the pros and cons of working in retirement […]

The Best States to Retire In

Best States to Retire In

The Best States to Retire In Oftentimes when considering retirement, we think about when and how we’re going to retire but just as important is the question of where we’re going to retire! From tax rates and affordability to community and quality of life, there are a variety of factors for you to consider when […]

Pension Payment Plan: Annuity or Lump-Sum?

How to Decide Between Pension or Lump-Sum

Pension Payment Plan: Annuity or Lump-Sum? Some employees are fortunate enough to have a defined benefit pension plan offered through their employer. However, they will have to decide between electing to take their benefit as a monthly pension over their lifetime or a lump sum payout upon retirement. There is typically also a joint annuity […]

Things to Do During Retirement

Things to Do During Retirement

Things to Do During Retirement The sudden shift from working five days a week to free time post-retirement can be overwhelming. Changing from your 9 to 5 routine can be both fun and challenging. Luckily, there are so many activities and things to do during retirement years for you to try, whether alone, with your […]

5 Tips for Traveling After Retirement

5 Tips for Traveling After Retirement

5 Tips for Traveling After Retirement After working hard your entire life, it can be both exciting and intimidating to have so many places to travel to and the time to do so! From road trips with your grandkids to journeys across the globe, there are so many ways to explore new places. It’s your […]