Converting Savings to Retirement Income

During your working years, you’ve probably set aside funds in retirement accounts such as IRAs, 401(k)s, or other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing income stream that will provide adequate income throughout your retirement years. SETTING A WITHDRAWAL RATE The … Read more

8 Common Retirement Planning Mistakes

Here are some of the most costly and common retirement planning hurdles you’ll want to make sure you avoid No Strategy. If you don’t have a game plan, goals, and a timeline – there’s no clear path to get there or determine when you’ve arrived. It’s like getting in your car with a quarter tank of … Read more