Many people spend years preparing for retirement, but fewer take the time to plan for what comes after that initial transition. The truth is, your financial journey does not end when you retire! In fact, your seventies, eighties, and beyond may require just as much strategy and foresight as your working years. As life expectancy [...]
Saving for retirement is only half the equation. How you withdraw those savings can have a major impact on how long your money lasts and how much you ultimately pay in taxes. A thoughtful, tax-efficient withdrawal strategy, often called withdrawal sequencing, is designed to reduce your lifetime tax burden while supporting a steady income throughout [...]
Some people analyze every detail of their financial and personal lives down to the last detail, and have already established a firm date that they expect to retire. But those people are in the minority. For the rest of us, setting a retirement date feels like a complicated puzzle with quite a bit of emotion [...]
For Mark Roberts' Use: When you purchased your car, you probably researched gas mileage, safety ratings, and special features. You compared one vehicle to another, and chose the best value for your money. Then, you asked for insurance quotes from several different providers, and selected a policy that offered the best protection. You perform regular [...]
For Mark Roberts' Use: As tax season gets underway, you're probably looking for every deduction and credit that could possibly help you lower your tax liability. But be careful when you file your return, or later in the year you could receive the bad news that you're being audited by the IRS. Nothing is guaranteed, [...]