Tag: retirement planning (page 1 of 2)

Asset Location is Important Too

That’s not a typo. Asset location is an often overlooked aspect of retirement planning. That is unfortunate because asset location can significantly affect the after-tax value of your retirement income. I’ll explain what asset location means and how you can use that information to increase your retirement income.

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Sequence of Returns Risk in Retirement

What is sequence of returns risk? We often think of investment return as an average rate over some period, such as 10, 15, or 20 years. This is especially true regarding investment returns within a retirement planning context where the investment horizon is often very long.  

Anyone interested enough to be reading this knows that investments are volatile and do not generate returns in a strict, consistent, uniform manner. Instead, investment returns fluctuate. In some periods an investment (or portfolio of investments) may return much more than it’s average. In other periods, the investment may produce a return that is very near, or much less than, it’s average.

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6 Events that Can Interrupt your Retirement Plans and What You Can Do about it

C.S. Lewis said, “You are never too old to set a new goal, or dream a new dream.” Is it possible he could have known about today’s retirement crisis? The truth is, no matter how much we prepare, sometimes, life happens. The closer we are to retirement age, the more strategy we need to employ to recover. The following are six common life events that can potentially derail your retirement goals as well as recovery strategies. Continue reading

Retirement Planning for the Self-Employed: 4 Mistakes to Avoid

When you’re self-employed, the burden of saving for retirement falls entirely on you, which can be a bit daunting. At the same time, being self-employed allows you total freedom over your financial future; you can more-or-less decide how much to contribute to your retirement fund as well as what type of retirement account will best suit you.

If you’re self-employed and beginning to consider your retirement options, however, there are a few common mistakes you’ll want to avoid.

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How a 403(b) Differs from a 401(k)


Most working people are familiar with the concept of a 401(k) tax-deferred retirement savings plan. If offered through an employer, the payroll department deducts a percentage of your check that you designate for retirement savings and invest it in your preferred portfolios. To encourage their employees to save for retirement, some employers offer a match of the employee’s 401(k) contribution up to a certain percentage. Continue reading

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