Retirement Planning

The kind of housing you choose during retirement will have a huge impact on how much money you’ll need to retire.  Most people prefer to stay in their own home.  That’s understandable, but there are other options.  This is important on a couple of different levels.   Most important, you may be able to retire earlier […]

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If you are thinking about retirement, one of your biggest concerns is how to make sure you don’t run out of money.  In other words, you want your nest egg to last as long as you do. Even if you aren’t going to retire for another 10 or 20 years, you probably think about this […]

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I was recently in New York City – my favorite place in the world – and the capital of the “living large” mentality. When I was walking through the airport I saw a book in the bookstore titled “Think Big”. Apparently it is a bestseller. Although the book might be a great read, something has […]

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Even if you aren’t worried about getting sued right now, it’s nice to know what is within the reach of creditors and what is out of bounds. If you have money in a 401k you can relax – your assets are safe from nasty creditor law suits. The same goes for SEPs and SIMPLE IRAs. […]

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When someone offers to send you an income check for as long as you live, it sounds like a pretty good deal – right? Who wouldn’t want perpetual income? Well…as you’ll see, an income annuity might be good for some people but not everyone. What is an Income Annuity? An income annuity (aka immediate annuity) […]

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If you don’t diversify your income, it could lead to financial devastation. Think about what could happen if you lose your job. Yes, emergency funds can help protect you in those circumstances. But your emergency fund will go further and you will have more financial security if you build income diversification into your finances. How […]

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