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How Much Do You Really Need to Retire?

You may be better prepared than you think. Find out where you stand.

If you search “retirement readiness” on your favorite search engine you will come across a great many articles that tell of the lack of preparedness of current and future generations and that everyone is drastically underinformed on what they need to do to find security in their retirement plans. But is that really true? Are people really as unprepared as the headlines suggest?

Why Your Retirement is Like a Startup

What do Retirement Planning and Starting a Business Have in Common? Mistakes can cost you…big time.

If you read articles from magazines like Fast Company or the Economist, you will have come across stories of poor decisions made by startup entrepreneurs that have tanked their lofty endeavors. You might read the story and think “How could someone be so naïve?” but hold your judgment for a moment and ponder your own financial decisions. Planning for retirement is as big a deal as starting a business and generations that are nearing or in retirement seems wrought by the same naiveté as those idealistic startup owners.

How Will You Spend Down Your Retirement?

We talk a lot about saving for retirement. Where to invest your money, what vehicles will help you maximize your savings, what investments will lead you to your retirement goals. While all of these discussions are extremely important, it is equally critical to plan for how your money will be spent throughout your retirement.

Withdrawing money from different types of accounts requires a strategy in order to maximize the assets that you have worked so hard to acquire. There are tax implications and unrealized growth potential that require attention and planning to both save your money and help it continue to grow long after you stop working. Here are some helpful considerations that can help you enjoy your retirement with longevity and confidence.

What to Do When There Is Market Fluctuation

One of our responsibilities as an investment advisor is to help people put market news in its proper perspective, especially when the media is reporting global market corrections in the wake of political events.

If you're reading the popular press, you're seeing a lot of storm and fury having to do with government shutdowns, market corrections and the possibility that the Fed may raise interest rates. As the popular media scrambles to explain the unexplainable – what is going on in the markets at the moment and how long it's going to last – we thought we'd share a headline of our own:

"The stock market is a giant distraction to the business of investing."

Saving for Retirement as a High-Income Earner

If you are a high-income professional, saving for retirement can be more of a challenge than some may think.

In 2016 the income limit applied to defined contribution plans was $265,000, so if you earn more than that and you want to maintain the lifestyle in retirement that you have enjoyed pre-retirement, then it will be important to take advantage of the following strategies to ensure you are saving enough to meet your goals.