Should You Convert Your Traditional IRA into a Roth IRA?

Q. My husband and I are hoping to retire in five years and we’re finally ready to do our retirement planning and estate planning. We both have significant amounts in traditional IRAs and are wondering if we should consider … [Read more...]

Avoiding the Most Common Retirement Mistakes

Q. My wife and I are on target to retire in five years. We want to make sure we don’t make any major mistakes along the way. What, in your opinion, are some of the most common retirement mistakes and how can we avoid them? Thanks … [Read more...]

Giving Gifts to Grandchildren Without Wrecking Your Own Financial Future or Creating a Sense of Entitlement

Q. I have six grandchildren -- three from each of our two daughters. They live close by so I see them often and adore every one of them. I am not getting any younger and have some money I’d like to gift to them now, while I am … [Read more...]

After the Covid-19 Pandemic—How It Has Impacted Retirement

Jane and Steve were planning on retiring in five years. Now, a year after the COVID-19 pandemic, those plans have changed. When Steve’s business wasn’t doing well this past year, they couldn’t contribute to their retirement … [Read more...]

Critter Corner: Wise Tips for Retirement from a 98-Year-Old

Dear Angel, I am thinking about retirement. I would love tips from someone who has “been there” for a while. Do you have any wisdom you can share from the people that you meet? I’d also like some practical tips when it comes to … [Read more...]

Are RMDs Back This Year or Will They Be Waived Again?

Q. I turned 70 in November 2019. I was planning on taking my first required minimum distribution (RMD) in May 2020 (when I turned 70½) until the government waived 2020 RMDs. Is my first RMD now due by May 2021? What about my wife, … [Read more...]

Understanding the Changing RMD Landscape in 2020

Q. I understand that the rules for Required Minimum Distributions (RMDs) from workplace retirement plans and individual retirement accounts have changed this year due to the SECURE Act earlier in the year and the recently enacted … [Read more...]

Retirement Risks faced by Millennials, Generation X, and Baby Boomers

Q. My husband, Glenn, and I are in our 50’s and deciding when to retire. We’re finding decisions about retirement (when to retire, where to retire, how much to save, etc.) to be some of the biggest decisions we have had to make. … [Read more...]

Critter Corner: Top 10 Ways to Plan for Retirement

Dear Magic, I am hoping to retire in the next 10-15 years. Do you have any tips to help me plan ahead? Thanks Rhea Tyre --- Dear Rhea, The U.S. Department of Labor recently released a helpful compilation of things you can … [Read more...]

Avoid Disaster: Update Your Estate Planning Documents in Light of New SECURE Act Provision

Q. I completed my estate planning with your firm five years ago and elected to have my retirement plans pass into a “conduit trust” or “pass-through trust” for the benefit of my daughter, Hannah. My understanding was that the … [Read more...]

Thank you for your upload