Just Don't Lose The Money

Retirement And Income Planning in Boston, MA

 5 Steps to Creating a Budget for Retirement 

It’s mid-January. By now, you’ve either tackled your resolutions with zest, or you’ve happily abandoned them. Many of us associate the New Year with turning over a new leaf. This is the year you’re going to lose those last 10 stubborn pounds. You will eat better, train for a marathon, organize your house and save money! 
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The Importance of Financial Organization In Retirement Planning

It always starts the same way.  A New Year approaches and you have the best intentions for keeping your financial life organized. You file your receipts and statements (personally, I like old school filing cabinets and file folders rather than using a scanner), and for the first few months, you are dedicated to the task. It feels good to get all the paper off your kitchen counter or desk and into a place where it is easily located.  But then life takes over, and before you know it, your financial life is scattered all over the place like a tiny tornado swept through the house.
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Advanced Planning for IRA's and RMD's

I got another email today from a radio listener who is turning 70 ½ and wanted to know more about the RMD withdrawal procedure. Hopefully, you read Beth’s last blog, 5 FAQs on RMDs and IRAs Answered. Many clients and listeners worry about this process! My message to you is that there is nothing to worry about, as long as you know the rules and have the withdrawals on autopilot. But sometimes, it’s about more than simply signing the RMD form and receiving a check. There are certain situations that require a more detailed plan, such as the following:
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5 Frequently Asked Questions About RMDs & IRAs, Answered

You’ve set aside money all of these years, hoping to have a fluffy nest for retirement.  You’ve taken advantage of the IRS’ generosity allowing you to set aside funds each year and not include those funds in your taxable income.  You may even have been fortunate enough to earn an employer match on those funds and enjoyed watching your statements as the pot grew.  There may have been a time or two that you “lost” a little money but all in all you probably felt like a bandit with all this money stashed away without a tax bill at the end of the year.
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The 3 Major Reasons Retirement Plans Fail (And How to Avoid Them)

As you are approaching the finish line of your working career, it is important now more than ever to take some time and make sure your retirement plan doesn’t have any holes.  Most people don’t want to take a few hours to make sure they are prepared for the next 20-30 years of their lives.  Here are some reasons retirement plans fail:
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