RETIREMENT EDUCATION BLOG

Optimize Your Tax Bill in Retirement

Even when the daily grind stops and you switch from relying on a paycheck to living off your hard-earned savings and other income sources, the shadow of taxes will continue to loom. More importantly, taxes incurred by retirees can be much different than the income and capital gains taxes you may have gotten used to… View Article

Build Your Retirement Budget

A survey from the beginning of the decade found that those aged 65 and older were spending an average of $52,141 per year1. Retirement brings newfound freedom, but it also demands disciplined financial planning. With a fixed income and potentially rising expenses, having a clear budgeting strategy is essential for long-term planning. Start by assessing… View Article

Managing Your Income in Retirement

After clocking out for the final time, your monthly bills and daily needs won’t stop. Building up a nest egg that serves as the foundation for your retirement is a solid plan, but it’s also important to consider where your income will come from once the paychecks stop. A well-thought-out retirement plan won’t simply chip… View Article

Assessing financial needs before entering into retirement – Know Your Retirement Number

When thinking about retirement planning, most are concerned about adding to their nest egg and finding new ways to grow – but the real challenge is having confidence that what you’ve built will be enough to finance your envisioned lifestyle once your pull the lever on retirement and start to take from what has been… View Article

How Income and Expenses Change in Retirement

Even if your buildup to retirement has gone according to plan, there is still more work to be done. A major change in retirement can come in the form of income and expenses shifting drastically from the norms established during your working days. This doesn’t have to be a cause for concern but does need… View Article

Adapting and Adjusting Your Retirement Plans

Retirement plans are not static; they can change due to various factors such as economic conditions, personal circumstances, and legislative changes. Understanding how these changes can impact your retirement and knowing the steps to adjust accordingly is crucial for maintaining financial well-being in your golden years. One of the primary reasons retirement plans may change… View Article

Build a Plan That Fits Your Goals

Crafting a retirement plan tailored to your personal goals is an important step towards planning for a fulfilling and financially confident future. The process involves several key steps that help align your financial strategies with your desired lifestyle in retirement. First steps are to establish your “why” and “what.” Understanding the core motivation behind your… View Article

When to SELL – Mitigating Risk and Optimizing Returns

Knowing when to sell an investment is just as important as knowing when to hold onto it. We provide support on when to sell investments based on market conditions, individual investment performance, and our clients’ financial goals and risk tolerance. When it comes to selling investments, it’s important to have a clear strategy in place… View Article