Retirement planning is the process of determining how much you will need to save and invest in order to have enough money to live on during retirement. It involves setting goals, analyzing your current financial situation, and making a plan to help you reach your retirement goals.
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I have seen contradictory information about this question online and don't find anything on the SSA website that addresses it. I am 75, the high wage-earner, and started collecting my benefits at age ...
Is there a good US Federal Income Tax/Medicare/SS planning or estimation software that has some visualization of taxes owed and distribution? Something like this: Understanding Tax Brackets: Interacti...
The first 10 years of retirement are some of the riskiest for your investments, but channeling your inner Karate Kid may help defend your funds against losses....
Over 100,000 financial professionals plan to retire within the next decade, finds Cerulli...
Many retirement planning mistakes are easily avoidable. Here are 10 to have on your radar so you don't end up running out of money in your golden years....
We’ve made ourselves, and/or our solutions, the main character in the narrative of our client’s financial planning, rather than ceding that role to the client....
Tribal systems don't always align with federal and state laws when it comes to land ownership, inheritance and what constitutes an asset....
Planning for the Future: The Role of Cryptocurrency in Retirement Strategies...
It's unclear whether extending the TCJA provisions for individuals is likely, so what can you do to reduce your overall tax bill either way?...
Happy 2025! At Keen Wealth, we're often of two minds at the beginning of the New Year. On the one hand, Tax Day is just around the corner, so we're helping folks put a bow on last year's financials an...
There are changed retirement decisions that apply to those waiting to retire until their 70s....
Baby Boomers may have hit the jackpot money-wise, but many attribute their wealth to financial planning and professional advice rather than good timing....
I've been trying to decide whether I should bite the bullet and pay for a financial advisor to look over my retirement plan. I'm 56m, spouse is 52f. No children, and no real need to leave an estate ex...
More and more women are ringin' on their own financial bells (with apologies to Aretha Franklin and Eurythmics) — but that demands a robust financial plan....
This post is all over the place, so I’ll just jump right into it. 2024 Money: Best Year Yet! This blog is supposed to be about money, so let’s start there. 2024 was slow going until Novemb...
Financial planning often feels like a numbers game—follow the math, and you’ll make the best decisions, right? But what happens when the spreadsheet says one thing, and your peace of mind ...
These tips can help you avoid common trouble spots and create a more effective plan....
What might be even better than having a Happy New Year? Having a purposeful 2025. Longevity experts who study "blue zones" where folks live the longest have popularized the Japanese concept of "ikigai...
A Roth Conversion strategy may be a very helpful way to generate a tax-efficient legacy for your heirs, while reducing the overall cost. The post Pre-Death Planning: Roth Conversion appeared first on ...
Are you ready to simplify the complexities of high-net-worth tax planning and maximize your retirement savings? Today, we unveil key strategies with our expert guest, Jeremy Green. In this Retirement&...
This post is a follow-up to our post of November 19, 2024. In it, we discuss how updating your spending budget each year is an important step in the process of successfully managing your finances in r...
My wife and I (61 & 58) have several retirement accounts: Trad 401(k), Trad IRAs, Roth IRA, I-Bonds, and taxable brokerage. We will both have pretty good SS income as well. Planning to retire in 2...
Discover the opportunities and limits of modeling your Roth conversion opportunities and get 6 tips for doing better. The post Planning for Uncertainty: Why Roth Conversions Require Iteration, Not Per...
Author and executor advisor David Edey shares how to prepare your estate and your executor to leave a legacy behind instead of a mess....
Consider this host of strategies to help clients keep more of what they earn....
Having missed out on yesterday's pensions and today's 401(k) features, the latchkey generation is woefully unprepared for retirement. Here's how advisors can help....
Position your retirement income for 2025 with these 4 smart planning tasks. From inflation protection to portfolio rebalancing, ensure financial peace of mind....
Health issues. Death. Politics. Some topics make for uncomfortable conversations, but financial advisors need to have them anyway....
We can learn a lot from John Dutton's estate planning mistakes. Here are just a few that relate to families in general and family businesses in particular....
Let me be super clear about 2 things up front: I (68, retired) am very fortunate to have enough saved and invested for my retirement, including maxing my 401k and IRA over 40 years and paying off my h...
Dreading the idea of retirement? This planning technique for the 'go-go, slow-go and no-go years' can lessen the worry and help you save efficiently....
I have a game plan to retire in March and my financial advisor says it is gonna work. And now a couple opportunities seem to be rearing their head. Returning to a job that may establish an amazing rep...
Health care advisory experts can secure substantial financial benefits for HNW clients while providing a value-added service for wealth managers and family offices....
Whether your blended family is newly formed or fully fledged, use these six steps to review your estate plans now and lower the risk of conflict in the future....
Today I have a guest post from personal finance enthusiast Dan Griffin. While Dan is not a practicing financial planner, he passed the CFP exam in 2010 and holds an Executive Certificate in Personal F...
Consider implementing these four strategies before December 31 to potentially improve your tax situation for this year and the future....
I spent some reviewing financial plans for this year and next and have noticed I am extremely close to one of the IRMAA income boundaries. I debate on much attention I should pay attention to this. Bo...
Both estate and retirement planning are important for long-term financial well-being and achieving desired legacies. While estate planning involves organizing and managing assets to ensure their effic...
For those of us who experience winter weather and don't have a lot of outdoor activities this time of year, what new activities or events do you plan to participate in these next few months? I plan to...
An interview with Dr. Bryan Jepson, an ER doc who found his way into finance and who became a chartered special needs consultant. He talks about raising children with autism and navigating financial p...
It's no secret that healthcare planning changes in retirement. In this episode we discuss planning a for Medicare, long term care and variety of related topics. Glenn is available for in person and on...
As we approach the end of 2023, we take a step back and discuss strategies and checklists to help determine if the “i's” are getting dotted and the “t's” are getting crossed be...
New study from IRALOGIX examines challenges of managing withdrawals; finds half of…...
"Sam" is 58 and he retired at the end of the first quarter of 2024. His wife, "Alice," is 65 and still working as a paid caretaker for the couple's son with special needs. Sam has $400,000 in a Roth I...
If you are like many people, you put off finalizing estate tax planning until the results of the 2024 election were in. Now they are in - it is time to move forward....
Many of us dream of retiring early to enjoy life with our loved ones. The problem? Few of us—The Jackal included—have the financial resources...
Jennifer, 54, plans to retire soon. Her husband, 70, is retired, on Social Security, and dealing with some severe health issues. Jennifer worries about possibly becoming single in retirement, which co...
2024 is almost in the books. Below are 12 financial planning ideas to consider before year-end....
Welcome to another episode dedicated to enhancing your retirement journey! Today, we wrap up our series on year-end action items with a focus on charitable and family giving. Discover how strategic ch...
Committing any of these four common mistakes can set you back in your golden years. Here's how to increase your chances of a successful retirement....