Posts Tagged ‘retirement’
5 Best and Worst States for Wealthy Retirees
Determining The Best & Worst States for Wealthy Retirees Can be Subjective Retirement marks a significant phase in life, offering a new world of opportunities and choices. One critical decision for affluent retirees is selecting the right state to enjoy their golden years. In this post, we’ll explore the 5 best and worst states for…
Read MoreThe Man That Helps People Live their Financial Dreams with Comedy – Charlie Epstein, Host of Yield of Dreams
Introduction (yield of dreams) In this interview, Alan Olsen, CPA, MBA discusses using comedy to help people reach their financial goals with Charlie Epstein, author and principal of Epstein Financial Group, LLC and Epstein Financial Services, a Registered Investment Advisory firm. Transcript: Charlie Epstein My ministry in life is to ease people’s pain and suffering about…
Read MoreHow to Preserve Your Lifestyle During Retirement with Kathleen Adams, Co-Founder of Second 50 Financial
Today, American Dreams host, Alan Olsen, sits down with Kathleen Adams, co-founder of Second 50 Financial. To discuss how to preserve your lifestyle during retirement. Transcript: Alan Olsen Hi, this is Alan Olsen and welcome to American Dreams. I’m visiting here today with Kathleen Adams. Kathleen, welcome to do a show. Kathleen Adams Thank you,…
Read MoreHow to Make Your Retirement Savings last Longer
How to Make Your Retirement Savings last Longer How’s your retirement nest egg looking these days? Whatever your situation: already living off your retirement savings, still a few years away, or you’re just getting started on that nest egg, planning and saving for retirement is very important. But once you have that nest egg saved…
Read MoreMake Charitable Donations Easy During Retirement
Can you make charitable donations easy during retirement? A lot of people, especially many ultra wealthy individuals and couples, enjoy sharing their fortunes with charitable causes. In fact, some of the biggest donors in the United States are also some of the country’s wealthiest individuals, including Bill and Melinda Gates (Microsoft), Warren Buffet (Berkshire Hathaway) and…
Read MoreRetirement Income – Will You Have Enough?
Retirement Income – Will You Have Enough? You could spend as much time in retirement – 30 or even 40 years – as you have spent saving for it. That is why planning for your retirement savings to generate income is critical. Developing a solid plan and appropriate investments for years of income is well…
Read MoreSystematic Investing: Retirement Plan Opportunities
Systematic Investing: Retirement Plan Opportunities Tax-deferred retirement plans, especially the popular 401(k) plans, have become the key to building financial independence through regular, systematic investing. Take full advantage of your opportunities. Self-employed? Start your own retirement plan. Employed by others but not covered by a retirement plan? If neither you nor your spouse has access…
Read MoreRetirement Plan Penalties: Failing To Make the Required Minimum Distribution (RMD)
Retirement Plan Penalties: Failing To Make the Required Minimum Distribution (RMD) Failing to make the Required Minimum Distribution from a retirement plan can result in one of the IRS’ highest penalties. Take these steps to help your senior clients avoid the penalties. Mary Kay Foss, CPA Director Greenstein Rogoff Olsen & Co. LLP One of…
Read MoreHow To Determine If Your Social Security Retirement Benefits Are Taxed
How To Determine If Your Social Security Retirement Benefits Are Taxed By Robert Cavanaugh Up to 85% of your Social Security retirement benefits may be taxable. Here’s how to find out how much is taxable and what you can do to reduce or eliminate any tax. Of all the financial issues surrounding being a senior,…
Read MoreMost Retirement Plan Dollar Limits Increase for 2007
Most Retirement Plan Dollar Limits Increase for 2007 IRS has announced the 2007 cost-of-living adjustments (COLAs) for retirement plans. Many of the limits applicable to pension, and other retirement plans, increase for 2007. For most of the limitations, the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. Increased limits. The…
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