Category: Retirement

Retirement Planning

Category: Retirement

Retirement Planning

what is a springing power of attorney

What Is A Springing Power Of Attorney?

A springing power of attorney takes effect when certain conditions are met, such as when a person becomes incapacitated or mentally incompetent. A durable power of attorney takes effect immediately after signing legal documents.


annuity vs ira pros and cons

Annuity vs IRA Pros and Cons

An IRA is a retirement account designed to save and invest money for retirement whereas an annuity is an insurance product that brings peace of mind to individuals worried about outliving their nest-egg savings.


can i retire yet

Can I Retire Yet?

Can I retire yet is a popular question financial advisors receive. The answer depends on your nest-egg size, social security income, tax bracket and expenses.


financial advisor meeting

What Is The Fiduciary Rule?

The Fiduciary Rule requires financial advisors, insurance agents and brokers to act in the best interests of clients, superseding their own interests.


what is a living trust

What Is A Living Trust?

A living trust is a legal document that allows you to transition your assets smoothly to beneficiaries upon death by a successor trustee.


retirement grandparents

Retirement Planning For Dummies 2020

In this retirement planning for dummies guide, find out how to save and invest automatically to build your nest egg for a better retirement.


downward arrow dollar financial pension crisis

The 7 Deadly Causes Of The Illinois Pension Crisis

The Illinois pension crisis is one of the worst in the country. Find out what has caused it, the possible pension reform, and what you should do if you own municipal bonds or state debt.


family parents with baby

How To Make A Will

A will is a legal document that declares your final wishes. It coordinates the distribution of your assets after death.


what is a 401k retirement strategy tax savings

What is a 401(k)?

A 401(k) is an employer sponsored retirement plan that gives employees tax breaks on invested savings.


What Is An IRA?

Individual Retirement Accounts (IRAs) allow you to grow earnings on invested savings tax-free until your retirement years. But which one should you choose, the traditional IRA that permits tax deductions on contributions or the Roth IRA that has no mandatory …

What Is An IRA? Read More »