by Mary Suplee on Mar 2, 2018
by Mary Suplee on Dec 7, 2017
Smart-phones are less of an option these days and more of an extension of everyday life. Your phone is there for you when you need to know the weather or connect with your friends and colleagues.
by Mary Suplee on Nov 27, 2017
by Mary Suplee on Sep 15, 2017
by Mary Suplee on Sep 8, 2017
by Mary Suplee on Sep 5, 2017
by Mary Suplee on Aug 25, 2017
RMDs or Required Minimum Distributions are the amounts that the federal government requires individuals to withdraw from their retirement accounts annually after they reach the age of 70½. You can take out more than the minimum from your retirement account, but if you take out less, you will be subject to a federal penalty. This is to ensure that the retirement accounts aren't used to simply defer taxes on accumulated assets and then leave them as an inheritance. The RMDs are intended to spread out the distribution of your IRA or plan assets over your lifetime.
by Mary Suplee on Aug 18, 2017
The solution to retirement spending isn’t easy. There isn't one perfect solution for everyone. Three potential approaches include immediate annuities, a total income approach or a total returns approach. While each of these solutions have their pros and cons, we strongly favor the total returns approach in most situations. Here's a look at each of these and their pros and cons.
by Mary Suplee on Aug 7, 2017
Top Retirement Planning Mistakes
Here is a list of what I'd consider the top mistakes people make for their retirement planning:
by Mary Suplee on Aug 4, 2017
To follow up on my latest post regarding retirement and the importance of planning ahead, there are a number of things to consider. The biggest challenge is to create a lifelong paycheck, one that allows you to live the lifestyle you envision for yourself in retirement. To accomplish this, it should be structured so that it lasts your (or multiple) lifetime(s), is paid on a regular basis, takes inflation into account and is relatively stable. Each one of these factors could be a whole discussion on its own.