College and Adult Planning – the 1000 Foot View

You are thinking about having kids in a few years. Is it too late to start planning for their college education? That’s actually not an extreme exaggeration of the anxiety we hear from young families when it comes to saving for their children’s future. And it’s not just about higher education. We like to think […]

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Retirement Income – The Buckets of Money Strategy

“Buckets of money” has a nice ring to it, doesn’t it? It may sound like wishing to win the lottery, but it is a serious strategy for managing your retirement income. With this strategy, you segment your retirement investment money designed for lifetime income into buckets of time, let’s say 5-year increments. So, instead of […]

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Retirement Income: Dividends & Interest

When it comes to retirement income, most people like to imagine having so much money that they can just live on dividends and interest. The reality is that most people will never have enough money to simply live off dividends and interest in retirement. Several factors make dividends and interest income in retirement a challenge: […]

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A Simple Guide to Systematic Withdrawal Plans

Traditionally, there are four pillars to retirement planning: Interest, Dividends, Capital Gains, and Principal. In this series of retirement income articles, we want to explore the best way to balance these pillars. In this article, we’re going to take a closer look at how systematic withdrawal plans (SWPs) work and some pros and cons to […]

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Retirement Income: Flooring and Income Guarantees

There are many ways to structure retirement income. Some come with more risk and uncertainty than others. So, what if you are very risk-averse? What are your options for retirement income? One strategy that is popular (especially with the broker collecting the fees) is flooring and income guarantees. But understand, it can be an expensive […]

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Inflation – The Silent Killer

See no evil, hear no evil. One of the biggest threats to retirement income is inflation, largely for two reasons: It’s not something that registers in your mind year after year Nobody talks about it So if you don’t think about it or talk about it, it’s not really there, right? Nope, that is definitely […]

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Traditional IRA vs Roth

Traditional and Roth. These are the two main types of IRAs that you can open or facilitate via rollovers and transfers. Let’s take a look at what they do and which might be the best choice for you. Individual Retirement Accounts are an outgrowth of the Employee Retirement Income Security Act (ERISA) of 1974. As […]

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Transfers vs Rollovers – What’s the difference?

In our business, like any other, there are lots of industry-specific words and jargon. So part of our job is to help explain this kind of insider lingo. Two such terms that pertain to IRAs and other retirement accounts are Transfer and Rollover. The difference between the two is a big deal. So, let’s examine […]

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Identity – You Are More Than Your Work

Over the past few weeks, we’ve had several conversations that made us realize something – retirement and identity are inextricably linked. What we do is so much a part of who we are, so retirement is a big deal. It is a big shift in identity. In our conversations these past few weeks, we talked […]

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