retirees

2 ways retirees can defuse a tax bomb (it's not too late!)

2 ways retirees can defuse a tax bomb (it’s not too late!)

If you’ve just retired, it’s not too late to implement planning strategies that can significantly reduce retirement taxes and taxes on what you leave to your heirs. A seven-part series I recently published on Kiplinger.com on “Tax Bombs for Retirement” was a huge hit with readers. I have heard directly from many of you, who …

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Rising interest rates change calculations on pensions for some potential retirees

Rising interest rates change calculations on pensions for some potential retirees

Higher interest rates are good for our cash and checking accounts, but not always good for pension holders. Rising interest rates have an inverse relationship with the lump sum value of a pension. As interest rates rise, the value of a pensioner’s lump sum could decrease. For this reason, I see more pensioners who want …

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New retirees will face financial surprises.  Advisors explain how to stay ahead of these shocks

New retirees will face financial surprises. Advisors explain how to stay ahead of these shocks

Retirement is a major goal that many workers watch for throughout their careers. However, once people reach retirement age, they are often in store for financial surprises, despite decades of preparation. For today’s retirees, this is compounded by new uncertainties brought by historically high inflation and recent stock market turmoil. Ideally, those retiring already have …

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