60s
20 Second Advisor: Why It’s Easy to Retire in GA.
Retiring takes a lot of hard work, saving, and discipline. However, if you chose to retire in Georgia, there are some great tax benefits that make the transition to retirement a little cheaper and easier. Here are the main benefits of retiring in GA: GA Retirement Income Exclusion: This allows GA taxpayers (age 65 and…
Read More20 Second Advisor: SECURE Act Means More Roth Conversions
The SECURE Act was recently enacted by Congress. There are several new rules pertaining to retirement such as new Required Minimum Distribution (RMD) ages, inherited IRA provisions, and accessing your IRA money for certain expenses. One of the planning opportunities that arises with the new law is potentially doing more Roth IRA conversions for retirees.…
Read MoreGetting Remarried…Plan Ahead!
Our clients get remarried for a variety of reasons. As exciting as this is, it often triggers unique thoughts and questions…will we share our income / expenses equally? I have kids from a previous marriage, and, when I die, I would like my assets to go to them rather than my spouse…is that okay? Do…
Read More20 Second Advisor: Tale of Two Investors & Using Time to Enhance Wealth
What is the secret to having a great investment experience? A few key things come to mind. One of the great secrets of investing is putting TIME on your side. If you can save significantly when you are young, the powerful effects of compounding returns work in your favor. More time = more wealth! Let’s…
Read More20 Second Advisor: 6 Last-Minute Retirement Strategies
In a perfect world, everyone would be on track for their retirement goals. More often than not, people are usually playing “catch up” in their 50s and 60s to realize their retirement goals (working less/not all all, traveling, buying a vacation home, etc.). Here’s a quick breakdown of “6 Last-Minute Retirement Planning Strategies”¹. Save Like…
Read MoreRetirees Have Less Satisfaction in Retirement
I thought this USA Today article was interesting. It reviews a study that shows retirees are less satisfied today than they were in the past (1998-2012). A few key takeaways: 95% of retirees prefer to spend their money on experiences instead of things. Money isn’t everything, but retirees with more money reported having more satisfaction in…
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