Latest articles by Tony Drake, CFP®, Investment Advisor Representative
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3 Strategies to Help You Plan a Successful Semi-Retirement
retirement If you’re ready to retire but don’t want to leave the workforce entirely, semi-retirement might be a good option for you. Before you take the leap, there are strategies that can help you navigate this lifestyle.
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Inflation Continues to Rise: How to Navigate the Uncertainty
retirement Inflation is at a 40-year high. For those nearing or in retirement, it could pack a painful punch, but there are things you can do now to address inflation and make sure you don’t run out of money in your golden years.
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The 4 Phases of Retirement
retirement Retirement means more than no longer working 9 to 5. There are four phases of retirement, and you should be prepared for each one.
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The Big Financial Stories of 2021 and What to Expect in 2022
retirement planning There were a lot of big financial stories in 2021, especially as the economy tried to rebound amid the pandemic. As we head into the new year, there are some significant financial changes everyone should keep an eye out for.
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3 Questions to Ask Before You Take a Pension
retirement planning As retirement approaches and you must decide whether to take pension payments or a lump sum, the first very important question to ask is this: How safe is my company’s pension plan?
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Estate Planning During a Pandemic – Quit Stalling
estate planning The COVID-19 pandemic isn’t going away anytime soon. This global health crisis has proved especially dangerous for older Americans, a stark reminder to ensure your affairs are in order. Here is an overview of what you need to cover.
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How to Prepare for Early Retirement
retirement planning COVID-19 has forced us to look closely at many areas of our life, including our plan for retirement. As this pandemic continues with new variants of the Coronavirus, some people nearing retirement are looking at this time of uncertainty as an opportunity to leave the workforce.
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Taking Stock of Your Finances at the Halfway Point of 2021
retirement planning Believe it or not, we’re more than halfway through 2021. It’s the perfect time to revisit your financial goals. Are you on track?
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Scam Alert: 4 Types of Fraud That Target the Elderly (and How to Beat Them)
Scams Scams target people of all ages, but the most vulnerable tend to be older adults — and the money they lose can have a big impact on their retirement. According to the National Council on Aging, seniors lose an estimated $3 billion each year to financial scams!
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3 Money ‘Musts’ for Every One of Us, Inspired by Financial Literacy Month
personal finance Now more than ever, those preparing for retirement need to understand their finances and the impact their decisions have on their financial future. Here are three money rules we all should be living by. Are you?
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Turning 60? Ask Yourself These 4 Important Questions
retirement planning Retirement is an exciting milestone, and planning becomes even more crucial once you get within a few years of saying goodbye to your career. As we turn 60 and inch closer to retirement, there are important questions to answer.
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5 Strategies for Tax Planning Now and in Retirement
tax planning Tax planning is one of the best things you can do to keep more money in your pocket in retirement. There are specific things to consider when planning for your taxes in the future.
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How to Address Retirees’ No. 1 Concern
retirement planning It’s a top worry for people nearing retirement: the fear of running out of money. By preparing for retirement with an income plan, you can feel confident in your golden years.
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Mark Your Calendar: 6 Birthdays to Know for Retirement
retirement planning There are important milestone ages to note before and throughout retirement. Mark these birthdays on your calendar to boost your retirement income and avoid unnecessary penalties.
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Money Can’t Buy Happiness: 4 Secrets to a Happy Retirement
happy retirement You know the saying: Money can’t buy happiness. While that may be true, there is one thing you can do financially to impact your happiness in retirement, and that’s proper planning.
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Election 2020: 3 Things Retirees Should Pay Attention To
retirement planning When it comes to your money in retirement, here are three main issues that seniors should pay attention to before they cast their votes in the 2020 presidential election. Donald Trump or Joe Biden: Which candidate’s policies fare better for retirees?
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What You Need to Know about Social Security in a Pandemic and Recession
social security Social Security benefits play an important role in retirement security, and they are being impacted by current events in several ways.
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4 Ways to Get Your Retirement Plan Back on Track
retirement planning When it comes to our finances, 2020 has been a year marked by stock market volatility and our current recession. If you’re in a bad spot financially, there are four moves to make now to get your retirement plan back on track.
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3 Ways to Save on Your Tax Bill Going Forward
taxes The tax deadline was July 15 this year, and if you found yourself paying the IRS more than you’d like, it’s time to focus on tax planning. There are moves you can make now to save on taxes in the future.
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How to Stop, Pay Back and Restart Social Security Payments
social security Check out Social Security claiming strategies (some familiar and others you may never have heard of) that could help those in or near retirement during this time of recession, stock market volatility and rising unemployment.
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3 Steps to Take If You're Laid Off Before Retirement
Making Your Money Last The unemployment rate in the U.S. is at a record high. More people are finding themselves out of work, and some may be nearing retirement. If you're laid off before retirement, there are three steps to take.
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Spending Your Stimulus Check? Pay Yourself First
Making Your Money Last Stimulus checks are hitting bank accounts, and many people already have plans for their money. But before you start spending, first take a closer look at your savings.
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Coronavirus and Your Retirement Savings: Answering Important Questions
retirement There's a lot going on, and investors and retirement savers could use all the guidance they can get.
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How to Leave a Legacy After the SECURE Act
retirement With the death of "stretch IRAs" comes a new era of estate planning. Many people's plans need some serious tweaks.
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