Planning
Showing 50 results of 480
Consolidating Accounts as part of estate planning
Apr 15 2024
My wife and are are heading toward retirement and will be updating our wills/estate plans. We are both quite active and mentally sharp; both have advanced degrees, but my family has a history of Parki...
reddit.com
What Does Your Peace Of Mind Look Like? Finding Financial Tranquility In A Volatile World
Apr 14 2024
Peace of mind looks different from one person to the next, and we must not presume what will bring it—and what will take from it—in financial planning....
forbes.com
Guide to Retirement Planning for the Self-Employed
Apr 13 2024
Self-employed workers lack employer-sponsored retirement plans but have other options for tax-advantaged retirement accounts....
money.usnews.com
Unveiling The Hidden Benefits Of HSAs For Retirement Planning
Apr 12 2024
It’s no secret that Health Savings Accounts (HSAs) are intended to help with the burden of medical costs, allowing the account holder to contribute pre-tax dollars to ......
forbes.com
Part D Plans Ramp up Restrictions on Medications
Apr 12 2024
The Inflation Reduction Act signed by President Biden in 2022 somewhat limits how much retirees will pay out of their own pockets for medications this year. Next year, the law imposes a hard cap of $2...
crr.bc.edu
What’s Your Why? How to Set Life Goals and Create a Financial Plan for Achieving Them
Apr 12 2024
Setting long-term financial goals is really important. However, the most important long- and short-term financial goal actually has nothing to do with money. Before determining when you can retire and...
newretirement.com
Retirement Income Planning Mistakes
Apr 12 2024
Retirement income planning can create the foundation for a successful retirement. In this episode we discuss a few critical mistakes to avoid and strategies designed to help create long term retiremen...
retirementroadmappodcast.podbean.com
56 years old, Retirement accumulation TIAA-Cref
Apr 12 2024
Hi been with same institution for 27 years. Not a high income earner, current salary is $63k. The retirement plan work is employer 5% to get the employer 9% “match”, which I’ve been ...
reddit.com
Revocable Trusts: The Most Common Trusts in Estate Planning
Apr 10 2024
Revocable trusts allow the trust maker complete control over the assets and can be quite efficient when it comes to capital gains and income taxes....
kiplinger.com
Corporate Roundup: Ascensus Surpasses $1B in State-IRAs, NEPC Names DC Solutions Lead
Apr 10 2024
Ascensus passes $1 billion in state-facilitated retirement plans, NEPC announces new head of…...
401kspecialistmag.com
Rural retirement seems like a bad idea
Apr 10 2024
I'm curious about people's opinions and experiences with rural retirement. I've read on this forum and others about folks retirement plans. Many seem to involve moving to an idyllic rural location suc...
reddit.com
Help - Retirement Asset Draw Down Plan
Apr 10 2024
Maybe not a good title. My (64M) wife (63F) retires in less than 3 months. I plan to retire in June of 2025. This will allow us to cobra my wife’s healthcare until she’s 65. We have about ...
reddit.com
Ask Better Retirement Questions
Apr 10 2024
Have you been wondering what retirement is like for real retirees out in the wild? With the success of our Retirement Plan Live series, we decided to try mini-case studies to learn more about what ret...
rogerwhitney.libsyn.com
This Week In Retirement Planning: Social Security, Index Funds, And Bonds
Apr 07 2024
I also share links to valuable research tools and model portfolios from the week....
forbes.com
Why Don’t We Do What We Know We Should Do With Our Money?
Apr 07 2024
Financial planning is less about knowing what to do and more about doing what we know....
forbes.com
National Retirement Plan Would Lift Low-income Saving
Apr 05 2024
Virtually all high-income workers in this country are saving in some type of employer retirement plan. But only a minority in the lowest-income group are. A new study tackles this serious shortfall fo...
crr.bc.edu
Making Sense of Financial Jargon: 15 Key Financial Terms to Know to Plan a Successful Future
Apr 04 2024
As the New Year begins, it always feels like an opportune time to reassess your personal finances. If you’re wanting to take a comprehensive look at your financial picture, you may be digging th...
newretirement.com
The State of Retirement Planning with Michael Kitces
Apr 04 2024
Michael Kitces is one of the innovators in the retirement planning and financial services space.His blog and ecosystem of resources help retirees and financial advisors gain the base knowledge needed ...
rogerwhitney.libsyn.com
Five Estate Planning Things You Need to Do Now
Apr 03 2024
For a solid estate plan, you should put powers of attorney in place, designate beneficiaries, tackle tax planning and more....
kiplinger.com
Could a Roth Conversion Help Optimize Your Retirement Plan?
Apr 02 2024
Roth conversions can be a powerful retirement-planning strategy. Watch this clip from Retirement University’s online course, “Tax-Saving Strategies in Retirement” to learn how Roth c...
theretirementsolution.com
Target Date Plus Added as QDIA Option for Voya Retirement Plans
Mar 31 2024
Personalized TDF service incorporates key recordkeeper data points...
401kspecialistmag.com
Ascensus Acquires 401(k) Recordkeeping Biz from Mutual of Omaha
Mar 31 2024
Deal involves more than 2,300 retirement plans, 65,000 participants and more than $3.9…...
401kspecialistmag.com
How to Plan for Retirement’s Go-Go, Slow-Go and No-Go Years
Mar 29 2024
When retirement planning, it’s best to expect to do the big (and more expensive) stuff early on, when you’re healthier, then slow things down as you get older....
kiplinger.com
The Most Important Rules For Retirement Planning? Yours!
Mar 28 2024
Retirement planning should start from the inside with your values, goals, and dreams, not be dictated by outside rules and guidelines....
forbes.com
Small Business Retirement Plans: How Firms Perceive Benefits & Costs
Mar 27 2024
Thebrief’skey findings are: Our2023 Small Business Retirement Survey looks at why some small firms offer a retirement savings plan and others do not. Factors that affect whether small firms offe...
crr.bc.edu
Four Things to Know About Managing a Loved One’s Finances
Mar 26 2024
Figuring out when it’s time and knowing how to talk about it are just the start. You also need info about estate plans, insurance and health care decisions....
kiplinger.com
March 2024 Best of the Web
Mar 26 2024
This month’s resources start by exploring the impact of rising interest rates on your retirement planning. We’ll also contrast the difference between investing and speculating. Articles fr...
caniretireyet.com
How Gig Workers Can Prepare Their Estate and Financial Plans
Mar 25 2024
Freelancers have to be vigilant to keep track of where their money goes, whether it’s to cover daily necessities, saving for retirement or other expenses....
kiplinger.com
Does Your Retirement Plan Have Spending Guardrails?
Mar 25 2024
Ongoing planning in retirement involves periodically assessing whether spending may be increased or must be decreased to remain on track. In his recent Kitces.com article, How Communicating Guardrails...
howmuchcaniaffordtospendinretirement.blogspot.com
Planning and Timing needs; seeking online tools or good human leads
Mar 25 2024
I’ll spare you all the details as I’m not seeking direct advice (yet) but rather leads for direct advice. Who to trust? Is there an online application that can assist me in sorting timing ...
reddit.com
Make a Long-Term Plan and Stick to It.
Mar 25 2024
Photo credit: jb In his Preface to the Fourth Edition of Benjamin Graham’s legendary book The Intelligent Investor, Warren Buffett wrote the following: To invest successfully over a lifetime doe...
financialducksinarow.com
How to Discuss Estate Planning with Your Family
Mar 23 2024
Estate planning can be a sensitive topic for families to talk about. Here's how to get past the awkwardness and discuss estate planning with your family....
kiplinger.com
Before You Claim Social Security, What’s Your Income Plan?
Mar 22 2024
If you’ll have multiple income streams in retirement, you’ll need to coordinate everything so you don’t end up paying taxes on your Social Security benefits....
kiplinger.com
Should a Donor-Advised Fund Be Part of Your Estate Plan?
Mar 21 2024
A donor-advised fund, or DAF, lets the donor reap tax benefits while also being able to direct how the money is distributed and invested....
kiplinger.com
In Gray Divorce, Two Financial Planning Yardsticks Are Key
Mar 21 2024
Watching your budget helps you reduce unnecessary expenses, and keeping an eye on your net worth as it rebuilds can provide a psychological boost....
kiplinger.com
Social Security Chief Testifies in Senate About Plans to Stop ‘Clawback Cruelty’
Mar 21 2024
Social Security plans to default to withholding 10% (not all) of the recipient's monthly benefits to recoup debt, SSA head says....
kiplinger.com
How Quitclaim Deeds Can Cause Estate Planning Catastrophes
Mar 20 2024
A lot can go wrong (including inadvertent law-breaking) if you choose to go the easy route rather than using a trust to transfer real estate to your child....
kiplinger.com
How Your Home Can Fill Gaps in Your Retirement Plan
Mar 20 2024
If you have gaps in your plan for retirement income, you might consider adding the value of your home to your planning....
kiplinger.com
Four Unseen Icebergs That Could Sink Your Retirement Plan
Mar 20 2024
Don’t be like the captain of the ‘Titanic’ and ignore warnings to be prepared for risks that lie ahead when planning for your retirement....
kiplinger.com
Does Silver Sneakers allow me use at multiple local gyms?
Mar 20 2024
I am not sure if I read the rules correctly - it seems I can use my new Silver Sneakers benefit at any local gym that is set up for the plan. One gym that is way too expensive has an indoor swimming l...
reddit.com
Retirement Planning for Women
Mar 20 2024
Check out the latest podcast episode on retirement planning and Social Security by listening on “Apple Podcasts” or “Spotify Podcasts” and watch more retirement planning videos...
keilfp.com
Disclosing Retirement Date to Employer
Mar 19 2024
So I have set my retirement date! I am turning 60 this year and plan to retire at 65. March 15, 2030. I choose this date as I want my kids to be fully financially independent. My son is in grad school...
reddit.com
Previewing the 2024 NAPA 401(k) Summit with Nevin Adams and John Sullivan
Mar 19 2024
Join the leading figures in the workplace retirement plan industry at the 2024 NAPA 401(k)…...
401kspecialistmag.com
Investors with Formal Financial Plan Enter Retirement with Double the Wealth of Those Who Don’t
Mar 19 2024
T. Rowe Price report finds those with a plan also likely to contribute more to retirement...
401kspecialistmag.com
Penelope, Navia Partner on White-Label 401(k) Plans
Mar 19 2024
Deal marks 2022 startup’s debut of white-label 401(k) plans and recordkeeping for plan…...
401kspecialistmag.com
Ordering grave monuments as part of pre-funeral planning. On line memorial.
Mar 19 2024
Is this sub Reddit appropriate for asking about pre-paying funeral expenses? If so has anyone had any luck with ordering grave site monuments thru on-line monument companies? I ask because my local mo...
reddit.com
Why my RIA brought health care planning services in-house
Mar 15 2024
RIAs must consider the bottom line when evaluating health care planning options, but the positives of delivering more holistic and comprehensive planning to your clients should not be overlooked....
financial-planning.com
What is True Retirement Planning? With Christine Benz
Mar 14 2024
Retirement planning has changed over the years, but has the industry evolved to keep up? Your retirement needs are much different from those of your parents' generation. This is why it is important to...
rogerwhitney.libsyn.com
3 Simple Steps to Get Ready for Retirement
Mar 14 2024
Check out the latest podcast episode on retirement planning by listening on “Apple Podcasts” or “Spotify Podcasts” and watch more retirement planning videos at YouTube.com/@MrR...
keilfp.com
10 Big Retirement Obstacles You Can Overcome
Mar 14 2024
Link to the online article Wondering how to overcome retirement obstacles? While the journey may bring setbacks, with careful planning, you can surmount them. If you’ve ever embarked on a big un...
wiserwomen.org
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About Planning
Retirement planning is the process of determining how much you will need to save and invest in order to have enough money to live on during retirement. It involves setting goals, analyzing your current financial situation, and making a plan to help you reach your retirement goals.
Here are some steps you can take to start planning for retirement:
Determine your retirement goals: Consider how much you will need to live on during retirement, where you want to live, and what you want to do in retirement.
Calculate how much you will need to save: Use online retirement calculators or speak with a financial planner to determine how much you will need to save to reach your retirement goals.
Start saving and investing: Contribute to a retirement account, such as a 401(k) or IRA, and consider speaking with a financial advisor about the best investment options for you.
Review and adjust your plan regularly: As your financial situation and retirement goals change, be sure to review and adjust your retirement plan accordingly.
It's never too early to start planning for retirement. The sooner you start saving and investing, the more time your money has to grow and the more prepared you will be for retirement.