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...]

Critter Corner: IRAs and Taxes in 2020

Dear Ernie and Jannette, As part of my retirement portfolio, I have IRAs. I'd like to make the most of these accounts and save money on my taxes both now and in the future. Do you have any tips that could help? Thanks! Ira … [Read more...]

Critter Corner: Are NORCs the Future of Successful Aging?

Dear Magic, I saw in our community newsletter that our neighborhood is considering becoming a NORC. We have a large population of seniors and various resources to help with transportation, meals, home care and more. What is … [Read more...]

SECURE Act is Signed into Law: Five Ways it will Change Retirement

Q. I heard that the Setting Every Community Up for Retirement Enhancement (SECURE) Act was recently signed into law and that it includes taxpayer-friendly measures designed to boost retirement savings. What are some of the ways … [Read more...]

Elder Index Measures the True Cost of Retirement

Q. My husband and I plan to retire in the next 5-10 years. We’ve been saving, but we’re not sure we have enough to retire comfortably. Is there any one place to look at all of the costs of retirement to figure out how much we will … [Read more...]

Critter Corner: Caregivers and Planning for Retirement

Dear Bebe, I stopped working full time when I was 45 to begin caregiving for my mother and it's been fifteen years now. I have worked part time jobs here and there, but I have nothing that’s going to provide me any type of … [Read more...]

Critter Corner: Retirement Expenses You May Not Think About

Dear Angel, My husband and I are planning for retirement and trying to figure out our expenses. We have considered fun expenses, such as travel and hobbies and many not-so-fun expenses, including health care, day-to-day bills, … [Read more...]