tidbitsandcommonsense

At some point, you’ll need to decide when to start receiving your Social Security retirement benefits. We hope the following information will help you in planning for this important decision. If you were born from 1943 to 1954, your full retirement age is 66. The full retirement age gradually increases to 67 for people born […]

For your Roth and Traditional IRA’s, the limit is 6,500. Up from 6,000. If you are 50 or older.. 7,500. Up from 7,000. 401k’s will increase to 22,500.. up from 20,500. Simple IRA’s are limited to 15,500 but for employees age 50 or over there is a 3,500 catch up contribution. Which is allowed. Why

The future doesn’t just happen. If you do what you always have done, you will get what you have always gotten. You are the sum total of your choices. You are in total control of your choices.

Big market moves can instill fear in investors, especially when they see their stock values heading south. It’s not the first time or the last. The down turns can actually be opportunities to increase wealth.

Medicare will not be providing you with free health care someday. It’s true the program covers the bulk of health care costs for people 65 or older or who have a disability. And there are programs to help cover the rest for those with very low incomes. But for most of us, be prepared to

Current CD rates are moving up as the Feds up rates. I’m finding some very attractive short- and medium-term rates. Wouldn’t go for any long-term rates at this point. REMEMBER!!!! There is never a cost for a conversation.

Have you protected your assets from nursing home costs? Monthly cost as an average, runs $14,000+ per month. It won’t take long to delete your assets. Don’t wait. Learn about the different ways to protect those hard-earned assets.

Instead of a lump sum from your 401k or IRA – and paying all that tax…. Consider taking a 0% auto loan then the payment from your retirement account. Something to consider!

Do you want to project how well your current holdings might last? Or find out what is your ideal withdrawal amount? There is a program called Riskalyze that could make those projections. Call me. I can help you with a free Riskalyze analysis. You can also visit our website www.coach4retirees.com to get your FREE risk

A Quick Tip – You might want to check the latest CD rates. There are some attractive short-term notes available. It will offer some safety during the choppy market.