Saving for “retirement” in your 30s & 40s?

By |2020-09-04T18:18:59+00:00September 4th, 2020|Categories: Behind The Curtain, Cash Flow, Retirement Planning, Single Point of View|Tags: , , |

Am I saving enough for "retirement"?  How do we think about saving in general and balancing saving for shorter term goals as well?  In this installment of Behind The Curtain, Seth and I discuss a framework for thinking about savings when you are in your 30s & 40s.  It's not just about saving for this [...]

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Should I Stop Taking $ out of My Investments? (BTC Ep. 3)

By |2020-05-11T19:02:50+00:00May 11th, 2020|Categories: Behind The Curtain, Investment Planning, Retirement Planning, Single Point of View|

The question we've been getting more often from retirees living off withdrawals from their portfolio is " Should I take less money out of my accounts given the market decline?". In the 3rd episode of Behind the Curtain, Seth Corkin and I share our conversation addressing this question.

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How Safe Are My Bonds? (BTC Ep. 2)

By |2020-04-30T13:06:09+00:00April 30th, 2020|Categories: Behind The Curtain, Investment Planning, Retirement Planning, Single Point of View|

We talk about the role of bonds in your portfolio as the "safer" component of your money.  But how safe are they in times like this?  In the second installment of Behind the Curtain, Rene and I share a clip of our conversation addressing this question.

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CARES Act Potential Resources: Updated

By |2020-04-02T15:07:49+00:00March 26th, 2020|Categories: Charitable Planning, General Planning, Retirement Planning, Single Point of View, Student Loans, Tax Planning|

Late last night the Senate passed an economic stimulus package which is expected to be passed by the House and voted into law. Most importantly, we want to focus this update on areas that will be helpful to those most impacted.  We’ve been reading through the broad array of information in the 883 page bill! [...]

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What You Should Know About The SECURE Act

By |2019-05-30T20:32:44+00:00May 30th, 2019|Categories: Estate Planning, Retirement Planning, Single Point of View, Tax Planning|

We haven’t heard the term “bipartisan support” used too frequently as of late.  However, the “Setting Every Community Up for Retirement Enhancement Act of 2019” (aka the SECURE Act) seems to be an exception to the rule. The SECURE Act was passed by the House of Representatives almost unanimously (417-3 in favor).  At its very [...]

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NerdWallet: Maximizing Contributions

By |2014-04-02T19:54:00+00:00April 2nd, 2014|Categories: Retirement Planning|Tags: |

I am 32 and max out my retirement savings every year through 401k and IRA. I also save an equivalent amount that I put into savings/investment accounts. How should I think about trading off between maximizing my contributions to retirement accounts versus putting less in my retirement accounts so I have more liquid assets to put [...]

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NerdWallet: 401(k)

By |2013-12-23T20:37:00+00:00December 23rd, 2013|Categories: Retirement Planning|Tags: |

What happens to your 401k if you quit your job/move to another company?   Shaun Erickson CFP® Boston, MAWhen you leave, you will typically be given information on your options for your 401k plan.  Generally, you have a few options: 1) Leave it in the plan (not all companies allow this option) 2) Cash out (pay tax and [...]

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NerdWallet: Traditional IRA

By |2013-12-23T20:32:00+00:00December 23rd, 2013|Categories: Retirement Planning|Tags: |

If I'm around the limit for a Roth IRA (110k single I believe), should I open a traditional IRA as well? I'm starting to max my 401k and want to open an IRA as well and start maxing it. 1 person found this answer helpful Shaun Erickson CFP® Boston, MA You should discuss the benefits of this with your [...]

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