Reducing the Risk of Outliving Your Money

What steps might help you sustain and grow your retirement savings? “What is your greatest retirement fear?” If you ask any group of retirees and pre-retirees this question, “outliving my money” will likely be one

Overlooked Tax Deductions for Small-Business Owners

Helpful tips for tax time. Being a small-business owner isn’t easy. After all, balancing payroll, managing employees, drawing up marketing plans, and handling the bookkeeping can be stressful! Luckily, the Internal Revenue Service (I.R.S.) allows

Preparing to Sell Your Business

What is your exit strategy?   Your company is ripe for sale. Now what? These days, your children or employees may not necessarily want to take over your business, but you still want to sell

TOD or Living Trust?

A look at two basic methods for shielding assets from probate.   How do you keep assets out of probate? If that estate planning question is on your mind, you should know that there are

Taking Charge of Your Financial Life

Delegating responsibilities to others may lead to problems down the road. When you are putting together a household, it isn’t unusual to delegate responsibilities. One spouse or partner may take on the laundry, while another

Three Key Questions to Answer Before Taking Social Security

When to start? Should I continue to work? How can I maximize my benefit? Social Security will be a critical component of your financial strategy in retirement, so before you begin taking it, you should

Taking a Loan from Your Retirement Plan = Bad Idea

Why you should refrain from making this move. Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that because these loans are not only risky, but injurious, to your retirement

When You Retire Without Enough

Start your “second act” with inadequate assets, and your vision of the future may be revised.  How much have you saved for retirement? Are you on pace to amass a retirement fund of $1 million

Is Generation X Preparing Adequately for Retirement?

Future financial needs may be underestimated. If you were born during 1965-80, you belong to “Generation X.” Ten or twenty years ago, you may have thought of retirement as an event in the lives of