Investing For Your Retirement Goals
Americans are living longer, healthier, and more active lives than past generations, and they want to ensure their healthcare and domestic needs are met. That means saving for a longer retirement is critical. Everyone has different circumstances. Fortunately, a diverse array of options is available to address your individual needs and aspirations. A skilled financial
The Gift Tax? Questions of Life or Death
The Tax Cuts and Jobs Act raised the lifetime exclusion limits for estate and gift taxes from roughly $5.5 million per individual to over $11 million. Also, the annual gift tax exemption was raised to $15,000 for individuals & $30,000 per couple. If the gift exceeds the annual exemption, the amount is applied against the
Optimizing Social Security Income
Many Americans count on Social Security as a substantial source of income in retirement. But, most people do not understand the guidelines surrounding these benefits. So, they may claim their benefits at a time that’s detrimental for their circumstances, eventually losing money in the process. Claiming early With these rules, it may seem obvious
Retiring Earlier Than Planned?
Adapting your retirement strategy (and outlook) may be necessary. Involuntary retirement can be emotionally and financially unsettling. Here are some questions to ask yourself if it happens. Do you want to keep working? You may have to rely on your spouse or partner’s income—or your emergency fund—for many months if you look for another full-time
