by MasterPlan Your Retirement | Jan 24, 2020 | Financial Planning, Retirement Income
The government passed a year-end spending bill in December, and it included one piece of legislation that could have a big impact on retirees. It’s called the SECURE Act. The bill’s name is an acronym for Setting Every Community Up for Retirement Enhancement. ...
by MasterPlan Your Retirement | Oct 30, 2019 | Financial Planning, Retirement Income
It’s that time of year again. Halloween is here. It’s time to stock up on candy, carve your pumpkin, and find the perfect costume. Soon, scary movies will be on television and you’ll have little ghouls and goblins showing up at your door for trick-or-treating. This...
by MasterPlan Your Retirement | Oct 14, 2019 | Financial Planning
Fourth Quarter Planning Checklist It’s hard to believe the year is almost over, but October is already upon us. Soon the holidays will be here and then we will flip the calendar to 2020. These last few months are also your last opportunity to make...
by MasterPlan Your Retirement | Aug 30, 2019 | Financial Planning, Retirement Income
Who handles the money in your household? If your home is like most, it depends on the kind of financial planning involved. A new study from UBS found that 85 percent of married women handle the day-to-day financial management in their household. However, the same...
by MasterPlan Your Retirement | Aug 9, 2019 | Financial Planning, Retirement Income
The world has changed significantly in the past few decades. Thirty years ago, there weren’t cell phones. Computers weren’t widely owned. There was no Uber or Airbnb. Social media was unheard of and virtual reality was the stuff of science fiction. The world...
by MasterPlan Your Retirement | Jul 29, 2019 | Financial Planning, Retirement Income
In an ideal world, you could save money and prepare for retirement without any risks or threats. Unfortunately, risk is a natural part of any financial strategy. There are a wide range of risks that could potentially derail your plan. Medical emergencies, disability,...
by MasterPlan Your Retirement | Jul 22, 2019 | Financial Planning, Retirement Income
Fireworks, parades, and pool parties. That’s what comes to mind for most people when they think about the Fourth of July. The holiday is a great midpoint in the summer to enjoy a couple days off work and celebrate with friends and family. Amid the festivities,...
by MasterPlan Your Retirement | Jun 27, 2019 | Financial Planning, Retirement Income
Summer has finally arrived. It’s time for sunshine, barbeques and maybe even vacations to the beach. If you’re still working, you may only get one or two weeks a year to escape from the office and enjoy the great weather. However, once you’re retired, you’ll have the...
by MasterPlan Your Retirement | Jun 20, 2019 | Financial Planning, Retirement Income
Financial Reset in the 2nd Half of 2019 The year is flying by. It may be hard to believe, but we’re already halfway through 2019. Did you set financial goals at the beginning of the year? If so, how are those goals looking at the halfway point? The good news is you...
by MasterPlan 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...
