For Mark Roberts' Use: When it comes to retirement planning, there are as many options as there are needs. The trick, then, is figuring out which ones match both your current and future financial objectives. For most of us, the decision to save money in a qualified retirement account is just the first step. The [...]
For Mark Roberts' Use: While we all have an ideal retirement scenario in our imaginations, sometimes people do claim their Social Security benefits earlier than originally planned. Maybe you need to semi-retire a bit early, or your income from work has decreased. Perhaps you planned for an early retirement, but afterward realize that you would prefer [...]
For Mark Roberts' Use: How long have you been planning for retirement? What has been your main focus, so far? For most people the primary objective, with regard to retirement planning, involves saving money. You want to know how much money you will need in retirement, and how much you should contribute to a retirement [...]
For Mark Roberts' Use: When planning for retirement, most people tend to focus on establishing a source of income, and hopefully making that income last for the rest of their lives. That’s an understandable focal point of your plans. However, there are other factors to consider when planning for retirement, so in this blog we’ll focus [...]
For Mark Roberts' Use: As you continue to plan for retirement, you are sure to hear one consistent piece of advice, over and over: Save all you can for retirement! That is common advice, and for a very good reason. We do our very best to anticipate future expenses and lifestyle needs, and create a [...]
For Mark Roberts' Use: Whether you are currently retired or still in the planning phase, you’ve already figured out a few things: You need to establish a stable stream of income, Social Security will comprise part of that income, and that income needs to cover your living expenses and accommodate inflation. On that last note, [...]
For Mark Roberts' Use: A recent survey by GoBankingRates uncovered an alarming truth: More than half of all Americans will enter retirement without adequate income-generating savings. Hopefully, you will fall into the other half, and you will sail effortlessly into your retirement years. However, there is so much bad information out there, that anyone could [...]
For Mark Roberts' Use: We often tell our clients that retirement is a marathon, not a sprint. So yes, it is important to establish a retirement savings goal, and work steadily toward meeting it over a number of years (or decades, even). However, that doesn’t mean you should never sit down and re-evaluate your strategy. [...]
For Mark Roberts' Use: What is your primary concern for your retirement years? If you’re like most people, you answered, “ I want to make sure my income lasts” or “I worry that I will outlive my money”. Those are valid concerns, and common ones. No wonder almost everyone is looking for a way to generate [...]
Peter Lynch once said, “In the long run, it’s not just how much money you make that will determine your future prosperity. It’s how much of that money you put to work by saving it and investing it.” We all know that stashing money in our mattresses isn’t a smart way to prepare for retirement. [...]