We are currently in a series outlining the retirement planning process. … [Read more...]

There are still a few employees who work for companies generous enough to offer a pension.   Many times an employer will provide the employee an option between a monthly pension for life or a single lump sum. Deciding between these two options is both complex and sometimes frustrating. There are advantages and trade-offs to each, so how do you go about making the decision? … [Read more...]

In last week's article, we outlined the six-step process everyone should go through to complete their retirement blueprint. I have reproduced the entire article at the end for your reference.   In this article let's talk about step one, Establish Retirement Goals.   Establishing goals is a good best practice for any endeavor. Knowing where the finish line is allows you to stop running. If we equate building a successful retirement to constructing a new house, establishing goals … [Read more...]

Are you like me?   I like following directions. When my kids were small, the first thing I did after opening a toy on Christmas morning was to read through the directions and make sure that I followed them step-by-step to minimize my frustration and make sure that everything was put together correctly.   If I'm following a recipe, I'm going to read through each step carefully and make sure that all my measurements are exact so that the final product is just as it is … [Read more...]