Blog

Nearing Retirement, Retirement Planning

Social Security Election Strategies: Have A Plan

Social Security remains a hot topic for my clients and one of confusion and concern. Unfortunately, there’s almost as much misinformation out there regarding Social Security as there is accurate information. Some of that is due to a couple key components to Social Security that were changed in 2015, due to the Bipartisan Budget Act.… Continue reading Social Security Election Strategies: Have A Plan

Nearing Retirement, Retirement Planning

How Should I Be Invested? Our Three Bucket Theory

The final step in our retirement process is determining an appropriate allocation and assumption on rate of return over time. We suggest a couple different approaches within this variable of your planning. First, shoot low on your assumptions. Psychologically, most of our clients become more conservative as they age. Simply put, once those paychecks stop,… Continue reading How Should I Be Invested? Our Three Bucket Theory

Nearing Retirement, Retirement Planning

Making the Savings Trade-Offs and Determining “Where” to Save

After you have identified your time horizon for retirement, your needs and resources and thus your lump sum savings target, it’s time to come back to the present and use that information to assess your savings. What are you setting aside out of your paycheck? What is accumulating in your bank account? What’s being set… Continue reading Making the Savings Trade-Offs and Determining “Where” to Save

Retirement Planning

What’s “Your Number”? Know Your Lump Sum Savings Need

Do you remember that commercial (https://www.youtube.com/watch?v=cDzUUJSgzyY ) that suggested everyone has a unique “number” that defines their future spend and thus, their savings need? ING put out the commercial in 2008 to help drive home the point of this article – know your number. I loved that commercial because the concept is real for us… Continue reading What’s “Your Number”? Know Your Lump Sum Savings Need