Category Archives: Retirement Issues

Overestimating Retirement Income Withdrawal Needs

By admin | Published: January 16, 2012
Many preretirees have unrealistic ideas about how much they will be able to withdraw for living expenses after entering retirement. As retirees shift their focus from accumulating assets to creating an ongoing stream of income, many are not prepared to start planning from a new vantage point. This lack of perspective may explain why, according [...]
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Don’t Gamble With Your Golden Years

By admin | Published: December 8, 2011
Will you have enough money for retirement? That question may keep you up at night. Or you may avoid thinking about it altogether. “What scares me for this country, especially for the baby boomer generation, is that many people will have to rely on their investment smarts in managing retirement funds,” says economist Steven Weisbart [...]
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Retirement Financing Risks

By admin | Published: October 14, 2011
As Americans live longer, the task of managing money after retirement gets more complex. A retiree in his or her mid-60s typically has a different risk profile than an individual approaching 90. It may be helpful to look at various types of risk from the vantage point of how they affect retirees at different life [...]
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What Are the Tax Issues Associated With a Gain or Loss on a Primary Residence?

By admin | Published: September 20, 2011
You may be able to exclude from income any gain up to $250,000 for a single taxpayer and $500,000 for a joint return. To exclude the gain, you must have owned and lived in the property as your main home for two of the five years prior to the date of the sale. If you [...]
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Managing Cash Flow in Retirement

By admin | Published: September 6, 2011
Tools for the Task If you are retired, or about to retire, you will need to gather and organize key information before you can tackle the ongoing tasks of monitoring and managing your cash flow in retirement. The purpose is to give you a clear and complete picture of your current financial situation, as well [...]
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What Happens to My Retirement Assets in the Event of a Divorce?

By admin | Published: August 23, 2011
Federal law requires that participants in employer-sponsored retirement plans designate their spouse as their beneficiary unless the spouse waives this right in writing. Assuming that you and your spouse adhered to this practice, a document known as a Qualified Domestic Relations Order (QDRO), which is part of a divorce settlement, specifies how retirement assets are [...]
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Will the Government Abandon You in Retirement?

By admin | Published: July 22, 2011
July 18, 2011 Dear Investor, The June 20, 2011 edition of the Wall Street Journal reports another signal that retirement planning is increasingly up to the individual. “AARP, the powerful lobbying group for older Americans, is dropping its longstanding opposition to cutting Social Security benefits, a move that could rock Washington’s debate over how to [...]
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The 4 Percent Rule

By admin | Published: January 27, 2011
With stagnant incomes and roller-coaster investment returns over the past decade, individuals on the brink of retirement might wonder what became of all those “rules of thumb” affecting how they handle their nest egg once they walk away from their jobs. They’re still there. But the question of how well they work comes down to [...]
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The Federal Death Tax Might Be Taking a Holiday, But Keep an Eye on Inheritance Tax Policy

By admin | Published: March 31, 2010
With the 24/7 rush to get health care reform legislation through the U.S. Senate in the waning days of 2009 and so far in 2010, Congress let the federal estate tax die for 2010 as planned by the Bush Administration back in 2001. That’s not expected to stay the case for long. Many experts anticipate [...]
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Long Term Care Insurance and Financial Planning

By admin | Published: September 14, 2009
By Roger J Macaione Jr. CFP, CLU The possibility of a long term care need is much too great to ignore in assembling the pieces of a sound financial plan today. The stark statistics speak for themselves:¹ About 70% of individuals over age 65 will need at least some type of long  term care services in their [...]
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