Posts Tagged ‘retirement investing’
401k Good News-Bad News
401k Good News – Bad News but Mostly Good: Good News first: The fees for 401k plans continue to fall, as plan sponsors and participants realize the long-term implications they can have on retirement. This was true for both large and small plans, as the prices for investment and administration were reduced according to the…
Read MoreSECURE Act Changes are in Effect Now
Do You Know How the SECURE Act Affects You? The SECURE Act, or the Setting Every Community Up for Retirement Enhancement Act went into effect January 1, 2020. New RMD Age The Act changed the Required Minimum Distribution (RMD) age from 70 ½ to 72 years of age. If you were born prior to July…
Read MoreSECURE Act 2020 changes to IRAs
The Secure Act, or the Setting Every Community Up for Retirement Enhancement Act went into effect January 1, 2020. The Secure Act changed the Required Minimum Distribution (RMD) age from 70 ½ to 72 years of age. If you were born prior to July 1, 1949 you will still need to take your 2019 RMD…
Read MoreHow Much to Retire?
Before you can know how to save for retirement, before you know how to line up investments to allow you to retire early, you really need to know what it will cost to live where you want to live. ThinkAdvisor.com offers a list of the 12 most affordable states for a comfortable retirement as of…
Read More5 Lessons on Applying for Retirement Benefits
Recently, June (not her real name) was struggling to set up a social security account for her retirement. Her 65th birthday was approaching, she had health issues and was going to retire. I was with her when she made her second attempt to set up the Social Security account. June attempted to set up the…
Read More5 Steps to Retirement Investing.
Investing for retirement is one of the most important, but relatively painless, things you can do in your early work years, that will make your future much brighter. Here are some time tested easy steps for you to help you get started. 1-Figure out how much income you need in retirement. So, how much do…
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