by Master Plan Your Retirement | Jul 11, 2018 | Retirement Income
The IRA is one of the most popular retirement savings vehicles. There are several variations, but in recent years, the Roth IRA has become an increasingly popular option. Roth IRA balances grew 51 percent from 2010 to 2013, while traditional IRA balances grew 28...
by Master Plan Your Retirement | Jul 8, 2018 | Retirement Income
What challenges will you face in retirement? For many seniors, one of the biggest financial obstacles is paying for long-term care. The U.S. Department of Health and Human Services estimates that today’s 65-year-olds have a 70 percent chance of needing long-term care...
by Master Plan Your Retirement | Jun 11, 2018 | Retirement Income
Is retirement approaching? Feel like you don’t have enough saved? According to a Gallup survey, you’re not the only one. The survey found that more than 50 percent of Americans are worried about not having enough money for retirement. In fact, retirement is Americans’...
by Master Plan Your Retirement | Jun 2, 2018 | Retirement Income
Are you in the homestretch of your career? Can you see retirement on the horizon? If so, you may already be dreaming about vacations, golf outings and time spent relaxing at home. It’s hard not to look ahead when retirement is so close. However, you also may want to...
by Master Plan Your Retirement | May 22, 2018 | Life Insurance
The 2017 Insurance Barometer Study by Life Happens found that only 60 percent of respondents agreed that single parents of young children need life insurance. On the other hand, 82 percent of respondents said married couples with young children need life insurance...
by Master Plan Your Retirement | May 10, 2018 | Retire Early
Do you want to retire early? You’re not alone. Many Americans dream of retiring in their 50s or even 40s. Early retirement can give you the opportunity to travel, explore new hobbies or even pursue a second career. Unfortunately, early retirement can be a challenging...
by Master Plan Your Retirement | Apr 24, 2018 | Financial Planning, Retirement Income
For nearly nine years, investors have enjoyed one of the longest bull markets in history. However, recent volatility suggests the possibility that the almost decade-long market upswing could soon come to an end. Volatility is a constant presence in any financial...
by Master Plan Your Retirement | Apr 10, 2018 | Health Care Costs
If you’re approaching retirement, you may be in the process of developing a budget and determining how you’ll fund your cost of living. You’ll likely face expenses for things such as housing, food, utilities, travel and more. You may also face costs for things like...
by Master Plan Your Retirement | Mar 8, 2018 | Financial Planning
Is retirement part of your plans for 2018? If so, you may be busy wrapping up final projects at work and planning fun and exciting ways to fill your time after you retire. This is also a good time to take any final planning steps that could solidify your finances in...
by Master Plan Your Retirement | Mar 8, 2018 | IRA Distributions
Since its inception in the 1970s, the IRA has become one of the most popular available retirement savings vehicles. Americans hold nearly $2.5 trillion in individual retirement accounts (IRAs). Those nearing retirement, between the ages of 60 and 64, have an average...
