Category Archives: Qualified/Retirement

Do Not Liquidate Your 401(k) When Leaving Your Job

For better or worse the 401(k) seems to be the main savings vehicle for Americans, so it always shocks me how little most people actually know about it.  Financial Advisor Magazine (along with every other main stream media outlet) jumped on a recent report by Fidelity (oddly enough none of these main stream outlets seemContinue Reading

With Markets Flying High Do You Take any Proactive Moves?

I am making a move that I have never done before, I am going to proactively respond to what may be considered a heated market.  I will say up front that I am not fully convinced it is 100% the best move ever which is why I am only taken a limited stance.  The market is prettyContinue Reading

What Are Your Options When You Inherit an IRA or Other Qualified Account?

Doing some research today I found a great chart produced by the IRS which highlights your options when a spouse or non-spouse inherits an IRA or other qualified Account. As you could imagine the decision you make could cost you and your family tens of thousands in an unneeded taxes. Two Examples of RMDs GoneContinue Reading

Are You Miscalculating How Much You Need in Retirement? What is Life Expectancy

I have said it before that I am not a huge fan of the 4% safe withdrawal rate discussion.  It doesn’t make a whole lot of sense to me.  What you are allowed to take out means nothing if you need the funds, but I digress to today’s point – there is another part of retirementContinue Reading

How to get financially savvy “A young persons view”

More than office talk! Now, you will probably have heard the word pensions flaunted around the office occasionally. If you are a 20 something graduate working in an office participating in the everyday light conversation, you can easily be forced to slip out of the conversation because you haven’t got a clue what your co-workersContinue Reading

What do the Chilean People Know About Retirement that Most Americans Don’t?

I came across an interesting article about Chile’s retirement system which made me think that the population down there may be on to something that more Americans should take advantage of.  In fact, I find it mind boggling that we aren’t, at least in part, following their lead.  In the article, Solving Chile’s Annuity Puzzle,Continue Reading