Blog – Retirement Planning
Starting the Year Right
We are three weeks in – are you still on track with your financial resolutions? If not, consider the following TO DO list of items we recommend that you get done early in the year:
Financial Resolutions
January 1st is in the past and we are already a week into 2021. Did you make a New Year’s Resolution that you have already not kept? Or are you still following through with your resolution?
The final – More on your Financial To Do List
We want to continue with our final recommendations of financial tasks you should consider in the next few weeks or early in the new year to improve your financial future.
End of the year Financial TO DO
With one year ending and a new one getting ready to start, it is a great time to review your financial TO DO list for the year. Did you miss anything that could help your financial situation or lower your taxes?
Regrets in Retirement
I recently read an AARP article that I found interesting and thought I would discuss here. AARP did a survey asking retirees what they wish they had done differently before retirement. The article talks about six money regrets, regrets of actions individuals wish they had taken or not taken before retirement. While the six regrets […]
8000 days
Have you ever thought about how long retirement can potentially be? Consider – if you divide your life into increments of 8,000 days. From birth until college graduation at age 22 is approximately 8,000 days. The next 8,000 days would take you from graduation to age 44, close to midlife. Add another 8,000 days and […]
Feeling Charitable?
Americans are known as some of the most charitable people in the world. When natural disasters occur, we donate to relief efforts. We often support causes that friends and family members hold near and dear. At Planning with Purpose, with our passion for education and being self-supporting, we often ask clients to support Mom’s House.
Required Minimum Distributions (RMD)
Required Minimum Distributions (RMDs) have been in the financial news a lot lately. There is much confusion about RMDs and hopefully, we can clear some of that up.
Required Minimum Distribution changes
We get questions on what an RMD is: all I can take, how is the amount determined, do I have to take out of each account, etc.