by Eric Blake, CFP® | Jan 7, 2022 | Retirement-Featured
When you determine how much income you'll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you grow closer to retirement, you may discover that your income won't be enough to...
by Eric Blake, CFP® | Dec 16, 2021 | Retirement-Featured
Deciding when to retire may not be one decision but a series of decisions and calculations. For example, you'll need to estimate not only your anticipated expenses but also what sources of retirement income you'll have and how long you'll need your...
by Eric Blake, CFP® | Dec 7, 2021 | Retirement-Featured
Saving for retirement is not easy, but using your retirement savings wisely can be just as challenging. How much of your savings can you withdraw each year? Withdraw too much and you run the risk of running out of money. Withdraw too little and you may miss out...
by Eric Blake, CFP® | Dec 3, 2021 | Retirement-Featured
First, to be clear, it only makes sense to give money to a charity if you are passionate about their cause. As a kind of "thank-you", Congress and the IRS have built in some potential tax benefits for your donations, but only with careful planning can we...
by Eric Blake, CFP® | Dec 3, 2021 | Retirement-Featured
As an individual or couple planning for retirement, you need to be familiar with the term "Modified Adjusted Gross Income" or MAGI. It's a term that is thrown around a lot in retirement planning, but it can be hard to understand what it means without...
by Eric Blake, CFP® | Nov 15, 2021 | Retirement-Featured
Most people worry about not having enough money for retirement. But did you also know that there is such a thing as having too much money? Too much money may not necessarily be a bad thing, but it may mean you need to worry about required minimum distributions...
