Important Legal Documents for Retirees
The Transamerica Center for Retirement Studies released its 20th annual Retirement Survey of Retirees this month. The survey contains many interesting retiree statistics and insights. Something that particularly stood out in the survey was the section regarding legal documentation. The survey (carried out in June 2020) revealed that many retirees lack some of the most […]
Social Security: When to start collecting
Social security is a form of insurance. Managed by the Social Security Administration, it is issued to many Americans. Today, we will talk about Social Security retirement benefits. You may be able to receive Social Security as early as age 62. Unfortunately, doing so can reduce your overall benefits. First, it is important to understand […]
Managing assets for a long life after retirement
Retirement is something many people look forward to. The idea of life without stressful work with time to pursue hobbies, travel, and enjoy life is certainly appealing. There are some barriers to achieving retirement, though, the most obvious of which being monetary. Even after retirement, the stress of potentially running out of money due to […]
A Unique opportunity to delay taking required minimum distributions from your retirement funds.
The pandemic has lowered the value of many retirees’ investment accounts. It has been quite stressful for everyone to watch their accounts bounce around like pinballs, but, for those of you who are already retired, there is added stress when the market is volatile. Although income tax isn’t paid on money put into 401k’s and […]