Back to the Basics: Why A Successful Retirement Starts with Income Planning
There are several questions that hopeful retirees are consistently asking as they seek to build a successful retirement. Some of these questions are: When can I retire? How much do we need? Will I have enough? What if there’s a major healthcare, stock market, or inflationary event that threatens what we’ve saved? While all of these questions are certainly different …
Briefcase Study: Team of Three: Who’s in Your Financial Planning Trio?
There’s such power in the number three. Whether in literature, joke telling, the meats of a club sandwich, or nature itself, three represents completeness, rhythm, and strength. In fact, the triangle is the strongest geometric shape; you see the triangle in roof trusses and bridges. There’s just an elegance and magic to it that is so easily overlooked. We see …
2023 Spring Newsletter: Kansas City
We did it; we made it to another spring! We should congratulate ourselves. I recently heard someone say, “If you survived February, you’re probably going to live another year.” Boy, that sure feels true when winter just doesn’t seem to want to end. As is always the case, the world remains a wild and ever-changing place. The financial consequences of …
A Single Pill for a Successful Retirement?
We often talk about building a retirement plan that allows you to sleep well at night, free from the worry of the markets, economy, and scary headlines. And while this will continue to be our goal as retirement planning professionals, what about actual sleep habits? If you’ve ever been to leadership training, you know that’s where you’ll find some of …
Retirement Preparation: The Critical Financial Components
If you’re choosing to invest in a retirement plan of any sort, then you likely have aspirations of retirement someday; maybe you’ve already retired. Whether it’s 30 years from now or was 3 months ago, the financial finish line of retirement holds great promise as a reward for decades of hard work and deferred gratification. So it begs the question, …
Financial Stress on the Rise
Financial stress is on the rise and employees are feeling it in their wallets and at their workplace. In fact, 73% of surveyed Americans cite finances as the greatest stress in their life. Interestingly, 60% of people surveyed in TIAA’s 2022 Financial Wellness Survey said they’d be more likely to stay at their job if their employer offered financial-wellness benefits. …
2023 Winter Newsletter: Salt Lake City
As we say farewell to 2022, we look back on all the good the year offered. 2022 brought new and exciting ventures, and a small sense of the “normal” we were accustomed to before 2020. We traveled, gathered, went out, met new people and tried new things. I’m looking forward to continuing this and more in 2023. Whether it’s the …
SECURE 2.0 Act
Congress recently passed SECURE 2.0 Act, which includes over 90 new provisions for retirement plans. The goal is to help improve Americans’ retirement savings. This effort is a continuation of the Setting Every Community Up for Retirement Enhancement (SECURE) Act that was signed into law back in December of 2019. We wish to highlight just some of the notable …
Looking Forward In 2023
Let’s be blunt: 2022 was rough for many investors. With many of the year’s events unforeseen and unfavorable, this was a year we’d like to soon forget. That said, many of the opportunities in 2023 are the direct result of some of the challenges that 2022 brought us, and as we enter the new year, some of these challenges remain. …
2023 Winter Newsletter: Kansas City
With 2023 upon us, I find myself wondering where 2022 went. Didn’t we just finish cleaning up from the last New Year’s party? And now we’re here again? Then I consider all that happened in 2022 and it starts rushing back in a flurry of memories that feels a bit like driving through a hailstorm. Oh, yeah…all of that. So, …
