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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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IRA/401K/403B/457 – All the Same Tax Treatment

How do you think about taxes? I know – you try not to, right? Well, when it comes to where we park our money, it’s good to consider the tax ramifications. It turns out, people in retirement think about taxes differently than people who are active in the workforce. Why? Because retirement is when a […]

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Life and Long-term Care

We meet with a lot of people and out of the 500-600 people we’ve met with over the past 7 years, we can count on one hand the few who didn’t want to leave anything behind financially for their loved ones. It’s natural and biblical to want to leave something behind. We want to leave […]

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RMDs – What, Why, and How Do They Work?

RMDs are Required Minimum Distributions. These are required distributions from annuities like IRAs, 401(k), 403(b), or a 537. Do you remember the movie Indiana Jones and the Last Crusade? There is a scene where Indy is fighting the bad guy while positioned on a tank as it drives towards and eventually over a cliff. Think […]

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Pension Max and Lump Sum Pension Strategies

Previously, we explored the risks inherent in carrying a pension plan, and some of your payout options. Now, we’re going to explore, in more detail, some specific payout strategies we’ve helped clients with. Pension Max is one strategy worth considering. Pension Max consists of taking the Single Life payout, let’s say $2,000 a month, vs […]

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Pension Risks and Basic Payout Options

Most people go decades waiting for the moment when they get to blow out the candles on their retirement cake, turn their pension on and ride off into the sunset. But hold your horses there, cowboy! There are some things you should be aware of before you sign up for that company pension. Understanding Pension […]

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