Latest articles by Evan T. Beach, CFP®, AWMA®
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Three Reasons Not to Use a Real Estate Agent When You Sell
While this financial adviser doesn’t recommend taking that route, he does see scenarios where it could make sense for you.
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Six Financial Actions to Take the Year Before Retirement
Having your income, health care and tax plans in place before you exit the day job can make it more likely that you'll have a happy retirement.
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Four Keys to Budgeting for Travel in Retirement
Get more out of what you spend on travel by investing it appropriately before you need it and being flexible with your travel dates.
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If You’re Retired, Do You Still Need Life Insurance?
It depends, but in general people tend to be underinsured early in life and overinsured later in life. Before making any decisions, get a needs analysis.
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Can You Collect Social Security if You’re Still Working?
Yes … but you probably shouldn’t. If you make more than the Social Security Administration’s earnings limit before full retirement age, you could lose benefits.
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Five Financial Changes That Happen When Your Spouse Dies
Some of these could catch surviving spouses by surprise, so it’s a good idea to know what to expect in case something happens.
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10 Tax Forms Retirees Receive and What They Mean
Knowing what you’re getting and why is important so you can ensure that you or your tax preparer have what’s needed to file your taxes.
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Four Reasons to Buy When You Downsize for Retirement
Buying your retirement home, rather than renting it, grants you stability, control, possible tax benefits and a very handy inflation hedge.
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The Five Critical Components of a Financial Plan for Retirees
Not only do you need to know what you’re going to do and whether you have enough money to do it, you need plans for income, taxes and your estate. Here’s how to build your plan.
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Three Legit Reasons to Break Up With Your Financial Adviser (and How to Do It)
This financial adviser notes that there are more than a few bad advisers and more than three reasons to give them the boot, but these are valid reasons he often sees.
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Five 2023 Financial Events and the Timeless Lessons They Reinforced
From aggressive interest rate hikes to bank failures to the rise of AI, this year has shown us why it’s important to both take advantage of opportunity but also keep a level head with our financial plans.
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Four Ways to Smile More When You Think of Your Spending
The goal is to increase the personal return on investment of your spending by focusing more on your values, experiences, relationships and giving.
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RMDs Deadline Is Coming: What if You Don’t Need the Money?
New rules affect the age when you have to take your RMDs and what the penalty is if you mess up. There are also options to delay or avoid taking them.
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The Best and Worst Ways for Retirees to Give on Giving Tuesday
Cash donations are certainly the most convenient, but you could be overlooking significant tax advantages by taking the easy way.
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Four Reasons to Rent When You Downsize for Retirement
Renting is great when you want to test-drive a location, or you want more predictable costs. It might be easier for family relationships in the long run, too.
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Three Keys to Keeping More of Your Money in Retirement
How well you do your tax planning will determine how much of your retirement income you get to keep and how much goes to Uncle Sam.
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Four Things to Know if Medicare’s IRMAA Kicks In
The income-related monthly adjustment amount, known as IRMAA, happens when your income exceeds a certain threshold. You can appeal if your circumstances change.
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Should You Own Crypto if You’re Retired?
Pandora’s box might have just popped open, but let’s take a crack at making some suggestions that could help you to answer that question based on your own situation.
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Five Things to Know if You're Considering Early Retirement
Making Your Money Last Whether you’re facing a layoff or buyout or planning an early exit on your own, check out these strategies to see if you’re ready for early retirement.
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Five Tax Moves Retirees Should Consider Before Dec. 31
Now is the prime time to start thinking about optimizing your Roth conversions, RMDs, capital gains, Medicare premiums and charitable giving before the end of the year.
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If You Work in Retirement, Can You Save in a Retirement Plan?
Yes! Well, probably. If you meet the requirements, there are multiple retirement plans you can choose from.
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You've Just Inherited an IRA: What Do You Do Now?
The rules on inherited defined contribution plans (not just IRAs) seem like a moving target, but here’s what you need to know (as the rules stand now).
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Four Reasons You Don’t Need a (Revocable) Trust
Sometimes a basic will, setting up TOD and POD designations and choosing beneficiaries for retirement accounts, life insurance and annuities will do the trick.
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Four Reasons Retirees Need a (Revocable) Trust
Just because an estate attorney or ad recommends a revocable trust doesn’t mean you actually need one. However, maybe one of the following situations applies to you.
