Retirement Planning Resources

Retirement Planning

Browse our resource library for information about all aspects of smart retirement planning.

New Retirement Rules Card – SECURE Act of 2019

You may have heard that some major retirement rules have changed following the passage of the SECURE Act late last year and may have questions on what it means for your retirement plans. This reference card offers an overview of the new law changes and hopefully, clarity about any confusion you may have. It lists major changes such as the increased Required Minimum Distribution (RMD) age, the “death of the stretch IRA,” changes to IRA contribution age limits and more.

Will Working Longer Help – Or Hinder – Your Social Security Benefit?

As the age for retirement approaches, many people wonder if they continue working will their social security benefits get better. To find the answer, it is helpful to know how the benefits get calculated.

How to Keep Health Care Costs Under Control in Retirement

Losing your company’s insurance plan when you retire is a hard transition to make. You now have to enroll in Medicare, shop for private insurance and ensure you are making the right decisions. Make sure you are well aware of any enrollment deadlines

5 Questions to Ask Yourself 5 Years Before You Retire

Do you ever imagine your dream retirement? If so, it is important to start planning far in advance to help you to avoid having to make major adjustments down the road. These questions can you help you rethink your retirement plan and make sure it’s set up for the retired life you have in mind.

A Workable Solution for Baby Boomers

Studies show that when most baby boomers think about their retirement, they are still planning on working in some capacity, such as a casual work environment that will allow them to still bring in some money. However, there is data that shows working a few more years in one’s primary career, can make a big difference in the amount of money that can be available to them in retirement.

Downshifting: Working Longer and Loving It

Downshifting is a way to retire in a gradual process, so employees can keep working at the pace they want and companies can keep their valued employees that hold the institutional knowledge, connections and experience they’ve accumulated over the years.

Funding a Start-Up in Retirement 

For retirees who prefer a day at the office to a day at the beach (or just want a mixture), the idea of starting a business in retirement may sound very appealing. However, using retirement funds to do so is a big risk. Before making the decision, it’s important to meet with your advisor to recalculate your retirement income needs and review your investments in your retirement. Take a look at this article for some tips and a glimpse into the good, the bad and the ugly of start-ups.

Retirement Income: Which Accounts to Tap First

In retirement, it’s essential to have a good strategy and solid understanding of your accounts so you can plan best for which ones to tap first. Be sure to consider the character of the account, along with the investments that are in each account as well.

Can You Reduce Your Lifetime Health Care Costs by Staying Healthy?  

A common assumption is that if you are healthy, you will have lower health care costs than those who are unhealthy. However, The Center for Retirement Research at Boston College has observed that the opposite is actually true – healthy people pay more in health care in a lifetime than their unhealthy counterparts.

Planning for a 30-Year Retirement

There are many challenges that are faced in retirement planning, but with careful preparation, they won’t seem so overwhelming. It’s important to have a good idea of how much you will need each year for your desired standard of living. Read more for an idea of what aspects to consider and tips for a good plan.

5 Things You Need to Know About the Secure Act

The Setting Every Community Up for Retirement Enhancement Act, or the SECURE Act, was passed in late 2019 and it is the biggest retirement-oriented legislation to be enacted in over a decade. Take a look at the article for a some key takeaways about the act and what you need to know about it.