Retirement Income

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It’s Not All Yours

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Many Americans have benefited throughout the years by not having to pay taxes on contributions paid into our traditional 401(k) plans and IRA accounts and on the investment returns on those contributions. Deferring taxes for decades has real value….

Smoothing Out the Transition

Up until retirement, the main goal has been to grow the pile of money as much as possible, but after retirement that goal changes. Retirees desire certainty in the fact that the money will be there when they need to spend it and it will last as long as they do. This certainty can come from a variety of strategies and investments, but the first step is developing a structured income plan in retirement: “How will you replace your paycheck?”…

A Paycheck Pays Off

You may have a clear vision for a deeply satisfying retirement life of social activities, travel, and volunteering. But in most cases, unless you are truly wealthy, you should also have a concrete plan for some type of paid work, especially if you retire earlier than “normal retirement age.”…

Getting By on the Average

The average household led by a retiree makes $48,000 annually before taxes and spends roughly $46,000 a year. That's according to the Bureau of Labor Statistics' (BLS) measure of the income and outflow of "older households," meaning ones headed by someone 65 or older….