Income

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Weekend Reading: Retirement Planning in the Post-4% World

The four percent rule has been around for over two decades, which begs the question: Does it still hold any truth for today’s retirement planning strategies?

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Weekend Reading: Why You Should Be Skeptical of Inflation Panic

Inflation fear is still surging across national media, and for retirees in particular, it’s easy to see why. In some instances, inflation can pose one of the biggest pitfalls to your lifelong savings, so if you’re feeling the panic, this is your signal to pause.

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Weekend Reading: Net Unrealized Appreciation (NUA) Tax Strategies for Modestly Appreciated Stock

Staying at the forefront of your retirement tax plan means becoming educated about tax strategies available at your fingertips. One of those strategies involves a Net Unrealized Appreciation (NUA).

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Weekend Reading: Why Risk Tolerance Questionnaires Don't Work for Determining Retirement Strategies

Risk tolerance questionnaires can be a great starting point in determining how conservative your retirement investment strategies should be; however, they’re not the main solution.

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Weekend Reading: 3 Social Security Do-Over Options

If you’re having second thoughts about your Social Security claiming strategy, the good news is, “do-over” options exist.

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Weekend Reading: What the New Outlook for Social Security Means for You

If you’re worried about the future stability of Social Security, rest assured, the outlook still looks positive.

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Weekend Reading: Should You Change Your Financial Plan Because of Short-Term Changes in Inflation and Monetary Policy?

Inflation continues to circulate headlines and ignite fear of an unpredictable future, but the good news is, a well-rounded retirement plan can weather the storm (short-term or not).

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Weekend Reading: Does Planning End at Retirement?

You need a strategic, customized plan to get yourself to retirement, but you also need a plan for what lies beyond.

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Weekend Reading: How to Help Clients Maximize Social Security Benefits

Deciding when to claim your Social Security benefits can have a large impact on your retirement income, and many individuals aren’t making the most of it. In fact, only about four percent of retirees are making the optimal Social Security claiming decision, which results in a loss of about $2.1 trillion in wealth.

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Weekend Reading: 7 Ways to Prepare for Higher Taxes

As past podcast guest, David McKnight, says, “The tax train is coming,” and we should all be ready. Experts believe tax rates will increase with each passing year, and on top of that, President Biden has proposed bills that would raise both corporate taxes and the long-term capital gains rate tax for anyone making more than $1 million per year.

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Weekend Reading: How Can I Make Sure That the Money I've Saved Will Last My Whole Retirement?

Many retirees wonder if their lifelong savings will last the long-run, and you might be one of them. Feeling confident in the stability of your retirement plan includes honing in on your income, and this article highlights two questions to ask yourself while doing so.

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Weekend Reading: Revealing the Retirement Trifecta

Having a checklist to navigate a successful retirement helps provide structure and financial confidence, which is also why we developed our proprietary planning process, the Retire With Purpose Framework. This article, however, provides another perspective, and it’s one you might benefit from reviewing too.