The Top 5 Financial Planning Challenges in the First 10 Years of Retirement
Meet these 5 financial planning challenges head-on to better prepare your road to retirement.
The Downside to Withdrawing From Your 401(k) Early
Are you thinking of withdrawing from your 401(k) early? Before you do so, consider the following consequences.
The Riskiest Time in Retirement
Here’s everything you need to know about the riskiest time in retirement and how to prevent it from derailing your plan!
3 Key Steps to Take Within 5 Years of Retirement
After decades of working and saving (and working and saving some more), you wake up one day and realize you are only 5 years away from your target retirement date. But even though you’re getting closer to your much-anticipated golden years, this is not the time to turn on cruise control. Don’t just count down the days until you pack up your office for good; rather, decide to finish the race stronger than you started. Now is the time to determine if you’re on track, build a cash reserve, and educate yourself on the ins and outs of retirement.
What to Do When You Receive an Inheritance
If there is one thing that must be managed wisely, it’s your wealth, assets, and, most importantly, an inheritance. At Rand Financial Planning, we think it is important for you to have the necessary tools required to take on any financial challenge, whether it’s investment planning or preparing for retirement.
When Is The Right Time To Retire?
When it comes to retirement, you dream of hobbies and time with loved ones. But you also face the questions we all do at some point: When can I retire? Is the timing right? Am I ready? Your thoughts wander between “you only live once” and “but I need to be prepared.”
What Is Your Long-Term Care Plan?
Planning for retirement is multi-faceted. Dreams of pursuing hobbies and traveling motivate many to save, but proper planning is more complex. When determining a retirement date, assuring your healthcare needs are met, and nailing down when you’ll begin withdrawing Social Security, long-term care is a factor that can often be overlooked.
Client Profile: How I Helped This Couple Prepare For A Better Retirement
One of the greatest joys in my life—and certainly the greatest joy in my career—is when I see my clients succeed. It’s why I do what I do. As a fee-only and fiduciary CERTIFIED FINANCIAL PLANNER®, I’ve worked hard for years to help make life easier for my clients, so my greatest reward is when my clients let me know I’ve done my job. Below, I share a success story with two of my favorite clients: John and Melissa.