Retirement is one of those things that feels like it's a long way off, right up until it's not. Nonetheless, being proactive and having a plan can make all the difference when it comes to living out the retirement you’ve always imagined. Start gathering a pre-retirement checklist to help you create goals, determine a realistic timeline, and keep your finances front of mind.
A fiduciary is a person that acts on behalf of another person while putting that person’s needs ahead of their own. Burt Hutchinson, CPA, CFP®, Founder and Wealth Advisor, and his team are fiduciaries by nature. It’s who we are. Our own ethical standards drive us to produce the best results for each and every client.
You’ve worked hard to save and make smart investment choices. Your goal is a smooth transition into retirement with peace of mind about your financial future. But those years of preparation can still leave you questioning exactly how to pull it off. Let’s dig into the ins and outs of social security as a retirement benefit and why deferring may be in your best interest.
You may want to bookmark this blog. We’re talking about retirement account contribution limits — and what you read today can help you outline the big goals you have for bumping up your retirement savings efforts in 2024. As the year unfolds, check back to monitor your progress. If you fall off the savings train — revisiting your goals is a great way to regain the momentum you started the year off with.
If you regularly consider questions like:
Will I be able to retire on my timeline?
Will I even have enough to retire?
How exactly will I withdraw money from my retirement accounts?
Then you’re likely a pre-retiree. Most people have some form of these same questions when they first meet with our wealth management advisors. It’s not just about age anymore, most find themselves desiring to retire in about 10 years when they first meet with us.
Are you on the home stretch? Every day you’re closing the gap between now and retirement day. This is exciting — after all your working years — it’s finally time to live the retirement life that's been filling your daydreams. But all excitement aside, we want to help ensure you’re ready to support yourself financially for the road ahead
What’s New — The Ever-Changing Tax Laws was the topic of a recent Delaware Tech-sponsored seminar. I was proud to participate alongside local estate attorney, Cindy Szabo. We’re both proud advocates for Delaware Technical Community College — the state's only community college — they do a great job of supporting their students and the community.
Thanks to advances in technology, you have numerous investment options right at your fingertips. Beyond the constant emergence of new investing platforms, investment selection is also evolving. Target-date funds are a prime example of an easy solution for the DIY investor. But more and easier, in any regard, doesn’t typically equate to better.
Retirement is a time to truly live, you’ve worked so hard, after all. But that desire to live your life to the fullest can oftentimes collide with the reality of living on a fixed income. We get it, you want to ‘add guacamole’ free from guilt, but now is not the time to spend frivolously in an effort to keep up with the Joneses.
