IRAs remain a great way to set aside funds for retirement, even though most people nowadays have access to a 401(k) or 403(b) retirement savings plan at work. One of the most common questions people… Read More
Using the TSP to Pay Off Your Mortgage
On the one hand, you have a mortgage and a mortgage payment, and on the other, you have your TSP, which you’ve built up through hard-earned savings over time. Retirement is looming, and the thought… Read More
Key Retirement Dates You Should Know
Retirement is a process – here are some key dates you should know
Retirement Income Planning
I’ve written about retirement income planning before, and at first glance it should be pretty simple. The idea of figuring out what expenses you’ll have and then lining up your sources of income and funds… Read More
Working Past Retirement Age – Things to Consider
A pretty common stereotype when it comes to retirement is the overworked, underpaid worker who would retire immediately and pursue the Island Life if they only could. And while I have worked with some clients… Read More
The Thrift Savings Plan vs. 401(k) Plans
The Thrift Savings Plan, or TSP, is the Federal government’s version of a 401(k) plan and if your goal is better understanding the TSP, we have written an overview of the plan . Is the TSP a 401k?… Read More
Planning for Taxes in Retirement: Options to Control What You Pay
In last week’s post, I covered a few things you should consider in setting up withdrawals from your portfolio in retirement. One of the considerations was planning for taxes, and more specifically, how you can… Read More
Retirement Planning Basics – How to Withdraw from Your Portfolio
One of the most common questions clients ask when doing their retirement planning is how portfolio withdrawals will work. Saving is something most clients have done for years, but reversing the flow brings up a… Read More
Assets and Your Child’s Financial Aid: How Ownership Affects Assistance
In a series of recent blog posts, I’ve covered the control and tax issues parents face when determining how to hold assets for their children. Another key consideration I’ll address in this post is how… Read More
Looking After Elderly Parents: A Checklist to Help Organize Their Finances
A few weeks ago, I wrote a post detailing a framework you can use if you are looking after elderly parents and need to help them stay on top of their financial situation. For this… Read More