Topics A-Z
Retirement Planning
A common financial goal is to afford a comfortable retirement. But that takes planning. Retirement planning includes taking advantage of your saving and investing opportunities through the years, estimating your expenses in retirement, and preparing to have enough money to cover those costs for your lifetime.
A Deep Dive Into the Thrift Savings Plan for Military Service Members and Government Employees
Do you have access to the Thrift Savings Plan? If so, make sure you take advantage of it. The Thrift Savings Plan (TSP) is the U.S. government’s version of a 401(k) qualified retirement savings plan for military service members and civilian federal government employees. The TSP is a powerful retirement savings tool that provides both low-cost and tax-efficient investment options. You can contribute income into one of two retirement accounts: A traditional TSP retirement account and a Roth Thrift Savings Plan.
The Latest
International Women's Day: Financial Planning for Women Nearing Retirement
This International Women’s Day we honor women around the world and recommit ourselves to overcoming the challenges women face. One challenge that women may face is planning their retirement – women tend to live longer than men but have less invested for retirement. There is a lot to consider when it comes to retirement planning. For me, it is hard to imagine slowing down. What does grab my attention is the amount of money I will need to have at the time I do want to slow down and retire.
Avoiding Capital Gains Tax When Converting Single Stock Concentration Into Diversification
There is a solution for diversifying your single stock concentration. Meet with a CFP® professional and learn about a unique approach that would make it possible to easily diversify from one holding to a broad-based market exposure, without taking on an additional tax burden now. Exchange funds are private investment funds designed for long-term investors seeking to reduce their concentration in a particular stock without triggering a taxable event.
SECURE 2 0 Act What Workers Need to Know About Retirement Savings
The SECURE Act 2.0 was designed to make saving for retirement easier. This new law is intended to make saving for retirement even easier than before. While not all the changes take effect immediately, the law is designed to encourage workers retirement savings and facilitate access to withdrawals from retirement savings plans.
Is It Too Early for Gen Z to Start Considering Retirement?
Is it too early for Gen Z workers to begin to plan for retirement? The simple answer is no. It is never too early to plan for retirement. Your early retirement contributions are some of your most important.
What’s Next on Your Retiree Bucket List?
A CFP® professional can help you budget for your retiree bucket list. As you plan your retirement activities, it is worth considering that your Go-Go years are the time when you’ll have the most energy and resources to finish bucket list items.
How Active-Duty Military and Veterans Can Secure Their Retirement Benefits
Retirement isn’t an “if” question, it is a “when” question. Working with a CERTIFIED FINANCIAL PLANNER™ professional can allow you to take full advantage of the many benefits available for active-duty service members and veterans.
Why You Should Continue Meeting with Your Financial Planner Well into Retirement
It is important to continue to meet with your financial planner well into retirement to ensure you are financially on track. Your financial plan will need routine maintenance and check ins.
You're Almost There! How to Maximize Your Savings Before Retiring
As you get closer to retirement, there are several ways you can boost your retirement nest egg. Here are some options to consider helping maximize your savings as retirement nears.
Budgeting During Retirement
Congratulations, on making it to retirement! Now you have the time that you always wanted to do whatever you choose and focus on what brings you happiness. But the way your retirement looks to you at the beginning is not how it will look over time. Your retirement will evolve in phases as your priorities change.
Traditional IRA vs. Roth IRA: What You Need to Know
Traditional IRA vs. Roth IRA: What do I need to know to select the right one to match my family’s goals? People often ask me this question after they learn that I am a CERTIFIED FINANCIAL PLANNER™ professional. Let’s walk through the traditional vs. Roth IRA conversation.