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...
by Master Plan Your Retirement | Feb 20, 2018 | Retirement Income
Traditional IRAs and 401(k) plans are among the most popular retirement saving vehicles, largely because of their favorable tax treatment. Traditional IRAs and 401(k) plans provide tax benefits in several ways. First, your contributions may reduce your taxable income....
by Master Plan Your Retirement | Feb 8, 2018 | Retirement Income
Have you prepared a projected budget for your retirement? If so, that’s a good first step toward planning your retirement income strategy. Your budget can help you determine how much income you may need and whether you’re on track to reach your goals. You can also use...
