Four Hidden Retirement Taxes and How to Avoid Them
As if planning for retirement wasn’t already a tricky venture, a complex tax code can make things even more difficult, which is where a comprehensive retirement tax strategy can come in handy. Unfortunately, it is common for many people to pop the champagne and prepare for retirement only to discover that their nest egg was […]
7 Sources of Extra Retirement Income
The best retirement income plans – ones that maximize Social Security benefits, incorporate a comprehensive tax strategy, and use a bucket strategy – will help minimize the need to continue working. However, even diligent savers may find that, once they have retired, they could use a bit of extra income. Perhaps they want to expand […]
The 7 Essential Components of a Retirement Income Plan
A retirement income plan is used to help you prepare to retire. Its goal is to give you confidence as you transition from working income to retirement income. Once you’re retired, it can also guide day-to-day and major decisions. Retirement income planning can be much like baking a cake. If you leave out essential ingredients, […]
