Latest articles by Evan T. Beach, CFP®, AWMA®
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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.
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Should I Pay Off My Mortgage When I Retire?
retirement The answer for you depends on your interest rates and where you would pull the money from to do it. Here are some scenarios to help work it out.
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Will You Have a Happy Retirement (Even With Enough Money)?
Before you retire, you should consider three non-financial essentials, such as who you are without your work, what your days will look like and who your friends are.
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Which Retirement Accounts Should You Withdraw From First?
Here’s a standard order for when you should tap which account when you’re in retirement.
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Leaving an Inheritance? Is It Better to Give to Kids Now or Later?
Retirees should secure themselves first, and if you’re all set there, then consider a few other things, such as the impact on the kids and tax issues.
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Should I Sell or Rent My House When I Relocate for Retirement?
This decision isn’t easy, thanks to investment, tax and other considerations. Let’s explore the implications of each.
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Find Out in 5 Minutes If You Have Enough to Retire
retirement It’s a common question these days: My portfolio is way down. Can I still afford to retire? To calculate a ballpark answer, here’s a quick and easy exercise.
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Four Options When – Not If – Your LTC Premiums Go Up
long term care insurance If you’re dreading getting a letter in the mail about your long-term care insurance premiums rising, you’re in good company. And you have some decisions to make.
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How the Latest Biden/House Tax Proposal Affects Millionaire Retirees
tax planning The current version of the Build Back Better plan shouldn’t be that scary for retirees with a net worth of $1 million to $5 million. In fact, there could be a pleasant surprise or two for them.
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4 Reasons Retirees Should Care About the New Coronavirus Stimulus Package
Coronavirus and Your Money Yes, the possibility that you’ll get a stimulus check is definitely something to care about, but there are other aspects of this act involving taxes and RMDs that could directly affect retirees like you.
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Why Are Roth Conversions So Trendy Right Now? The Case FOR and AGAINST Them
Roth IRAs Have you been tempted to join the wave of folks jumping on the Roth IRA conversion bandwagon? First, check out the pros and cons to see if it makes sense for you.
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5 Financial Boxes You Should Check Before COVID-19 Strikes
retirement You're doing everything you can to stay healthy for your family. Now go the extra step and take care of all the loose ends left hanging from your estate plan.
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Why Retirees Should Care about the CARES Act: How to Maximize Coronavirus Stimulus Package
Making Your Money Last The government's $2 trillion stimulus bill has something for pretty much everyone. Here's how retirees are affected and some steps to consider to make the most of this measure.
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5 Strategies for Retirement Immunity Despite Coronavirus Crisis
retirement Whether you're worried your job may be on the chopping block or you’ve seen your retirement investments take a big hit, there are ways to help protect your financial future right now.
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4 Ways Women Can Win with the SECURE Act
retirement The legislation wasn’t designed only for women, but there are four distinct ways they can take advantage with these retirement planning opportunities.
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