Posts of Category: Reaching Retirement

Kim

Becoming an empty nester: One mom’s story

Happy. Sad. Excited. Scared! My reason for buying potato chips, baking brownies on a whim and always having extra snack food on hand is leaving me.  Effective Aug. 21, my husband and I will be empty nesters as both of  Continue Reading »

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Don

Inheriting an IRA? It Pays to “Stretch” It

What happens to an IRA when it is inherited by the account owner’s children? Myth: The account is gobbled up in a combination of estate taxes and income tax. Reality: Under present regulations that allow for a $5 million exemption  Continue Reading »

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Don

“Next Generation” Investing: Introducing Children to the Basics

Are you looking for a way to get your children or grandchildren introduced to saving and investing? If so, I have a strategy for you to consider. It may also help them to build a nest egg that will give  Continue Reading »

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Don

Are You Financially Prepared for Retirement?

A study by the Center for Retirement Research at Boston College concluded that Americans need to focus more on investment savings. It revealed that as of 2009, 41% of early Baby Boomers, 48% of late Boomers and 56% of Gen-Xers  Continue Reading »

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guest

Drilling Down to the Details: Making the Most of Marcellus Shale Natural Gas Royalties

Imagine someone offering you $10,000 per month for access to your property, so that they could extract a valuable natural resource deep underground. Sounds like good news, right? That’s an additional $120,000 in annual income! Your first instinct might be  Continue Reading »

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guest

Your Personal “Weatherproofing”

I’ve read that people spend more time picking out a refrigerator or car than they do picking out benefit plans.  As an employee benefits professional, I’d have to agree with that assessment.  I’ve seen people’s income run out when they  Continue Reading »

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Don

Pitfalls of Illogical Investing: Buying Based on “Buzz”

After years of observing investor behavior, I find that many people do not make money in the stock market when trying to invest on their own. What are they missing? Often, a plan and the discipline that is necessary to  Continue Reading »

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Don

Get Past the Tax-Cut Extension Debate: Decisions You Should Make Right Now About Your Investments

Lawmakers avoided making some key tax decisions before they left Washington to hit the campaign trail. There will be time in the lame duck session after the election, but if they take no action, the Bush tax cuts enacted in  Continue Reading »

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Don

Securing Your Retirement: It Starts with the Right Timing

It used to be that if you asked people when they were going to retire, the answer was easy: 65. Today, though, it’s best to develop a strategy on the timing of your retirement, taking into account your personal financial  Continue Reading »

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Don

Don’t Scramble Your Nest Egg: Resist the Urge to Access Retirement Funds While Unemployed

The recession and its aftermath have led to periods of unemployment for many workers, in some cases for the first time in their careers. During these times, it is important to resist the temptation to withdraw money from any of  Continue Reading »

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