For Mark Roberts' Use: At the end of May, the House of Representatives overwhelmingly approved the Secure Act (with a vote of 417-3) and sent the bill over to the Senate. If the bill is successful, it will become the first major overhaul to retirement planning since 2006. So, what could the Secure Act mean [...]
For Mark Roberts' Use: Ask ten people about their dreams for retirement, and you’re likely to receive ten different answers. However, one common theme might recur: Most of us would love to have our homes paid off before we retire. Is that possible? The most common mortgage repayment terms include a 30-year payment plan. We tend [...]
For Mark Roberts' Use: You already know that because Social Security won’t provide enough income for most retirees to live comfortably, establishing your own retirement account is incredibly important. You took that step years ago, and have been saving faithfully ever since. On the flip side, many people never stop to think about how detrimental early [...]
For Mark Roberts' Use: Many workers hope to retire around age 65, and expect that they will begin required minimum distributions from a retirement account at that time. However, some hope to continue working and saving a bit longer. Others go ahead and retire on time, but want to wait on those distributions for a few [...]
For Mark Roberts' Use: For most of us, Social Security has been around as long as we have. It was created back in 1935, as a supplemental income source for retirees. And so, for all of our lives, we have counted on the program to be there when we need it someday. Now, with your [...]
These days, it’s rare for an individual to stay with the same company throughout the duration of their career. You will probably face the decision of moving on to greener pastures someday… But what about your employer-sponsored 401(k)? Do you have to leave it behind? No, luckily you will have options. Generally speaking, most workers [...]
For most of us, Social Security will comprise a significant part of our retirement income. So naturally you want to access the maximum benefit possible for your situation. But you might also be curious to know what is the maximum possible Social Security payment? Just out of curiosity, we investigated this issue for you. Social [...]
When we talk about saving for retirement, we’re often speaking to those who have access to an employer-sponsored 401(k) plan. But what if your company doesn’t offer this option? You wouldn’t be alone; about 38 million working Americans don’t have access to this type of retirement opportunity. But you still have options… First, talk to [...]
For Mark Roberts' Use: If you’re contributing regularly to a 401(k) account, then you’re a bit ahead of the curve where retirement planning is concerned. Did you know that 35 percent of American workers don’t even have access to a 401(k)? So, we want to congratulate you on making a wise decision for your future. [...]
For Mark Roberts' Use: As retirement planners, we always remind our clients to anticipate potential rising costs throughout retirement. That way, you can adjust your budget and withdrawal schedule accordingly. The cost of healthcare is one of those fluctuating expenses. While Medicare and supplemental insurance plans can help you keep your expenses more predictable, their [...]