by MasterPlan 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 MasterPlan 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...
by MasterPlan Your Retirement | Sep 21, 2017 | Life Insurance
Not sure whether you have enough life insurance protection? According to a recent Bankrate Money Pulse survey, there’s a good chance your coverage amount could be insufficient. The survey found that nearly 40 percent of all American adults don’t have life insurance....
by MasterPlan Your Retirement | May 23, 2017 | Estate Planning
Do you have a goal to leave a sizable legacy to your children, grandchildren and other loved ones? Maybe you want to leave an inheritance that your grandchildren could use to pay for college. Or perhaps you want to leave a nest egg for your children to use to fund...
by MasterPlan Your Retirement | Mar 10, 2017 | Financial Planning
Planning on spending less in retirement? You’re not alone. Many people factor in a decrease in spending after they stop working. Even many financial professionals often factor in less spending when they help you with your retirement planning. But this assumption...
