"If you're close to retirement, don't panic and listen to "trendy" financial advice. Remain calm, focusing on long-term goals, and partner with a fiduciary agent who has your best interests in mind." Brian Swerdlow By Brian Swerdlow Most of us understand there is a tradeoff between risk and reward. You may realize, for example, [...]
By Daniel Stewart Retirement planning is never a slam dunk, especially in our complicated and challenging economic environment. There are many moving parts in a typical senior's retirement blueprint, and with each of these parts, there is the potential to make expensive mistakes. Many seniors who diligently created, invested, and saved wealth are penalized for [...]
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by Jerry Yu- Bestselling Author of "Fortify Your Financial Fortess" "A fiduciary retirement planner is committed to putting your best interests first in stead of only looking for higher commissions. Hiring a fiduciary could help you avoid purchasing products that don't fit your your unique situation." Jerry Yu Say you decided to go on a [...]
"People desiring a long life must count the costs. There's a lot to think about when you want to live long and prosper." Jerry Yu, Reign Financial By Jerry Yu Reign Financial Living for as long as possible is an idea that appeals to many of us, especially as we begin thinking about retirement. Still, [...]
By Brian Swerdlow Signed into law in late 2022, the Setting, Every Community Up for Retirement Enhancement (SECURE) 2.0 Act contains dozens of new provisions pertaining to retirement. These changes will likely impact how Federal employees save and withdraw funds from their retirement accounts. Building on the original SECURE Act of 2019, which altered the [...]
By Jerry Yu If you’re like most people, you probably haven’t thought much about the how much you'll need to withdraw to make your retirement savings last longer. Or, some of you might say, “4%” because your financial advisor told you about the so-called “4% Rule.” The “4% Rule” says that if you retire at 65, you should [...]
by Jerry Yu Reign Financial 401ks have numerous benefits and are critical to many people's retirement plans. However, 401ks have a few shortcomings that may make them problematic for some seniors. These plans may also pose issues for people who've changed jobs but decided to leave their 401k with that employer. If you fall into [...]
"If you are a federal employee covered by FERS who needs or wants to retire earlier than planned, MRA 10+ may be an option. MRA + 10 allows Feds who have met minimum age requirements and have at least ten years of service to retire sooner than expected." Brian Swerdlow by Brian Swerdlow Federal [...]
By Orlando McCall As our economy continues its downward trajectory, the days of endless yield-chasing may end. In such economically uncertain times, individuals seek financial instruments that offer stability, security, and cash preservation. One financial tool that many pre-retirees and retirees choose is a multi-year guaranteed annuity or MYGA. MYGAs are one of several [...]
“The concept of what it means to retire continues to evolve, with more American seniors choosing to spend their golden years overseas. And, as our economy sputters, this trend is likely to continue” Daniel Stewart By Daniel Stewart As I write this, we are on the leading edge of an economic storm threatening to derail [...]
