Looking ahead to retirement can help you figure out whether you have saved enough to support your lifestyle and how you intend to pass on some of your assets to others. The typical worker in the United States retires at age 63, but a growing portion of this population is waiting to retire until later… Read More »
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How Will You Spend Your Time in Retirement: Tips for Planning
The answer to when is the appropriate age to retire is not easy for anyone to answer, but one of the most important things to consider as you evaluate this question is how you intend to spend your days. This will have a significant impact on how much money you will need and can help… Read More »
Four Basics Steps to Your Estate Planning Process
Unfortunately, far too many people believe that estate planning begins and ends with a simple will but this can be a catastrophic mistake as wills are exposed to potential mistakes as well. This is particularly true if you attempt to engage in estate planning process on your own without consulting directly with an attorney. What… Read More »
Avoiding the Flaws of Self-Help Legal Planning
It seems like a simple fix to find a document online and use it for distributing your estate in the future, but this could be a big mistake if the form is not correct. Unfortunately, in many such cases, no one realizes the mistakes until it’s too late. Many people who approach the estate planning… Read More »
New Study Shows that Most People Are Confused and Cynical About Retirement Planning
A recent study conducted by Scottrade identified that the vast majority of people who are investing do not act on their own for retirement planning and while some of them are satisfied that the advice they receive, many investors are also confused, cynical or even overwhelmed. The majority of U.S. investors have made the decision… Read More »
New Study Shares that Baby Boomers Do Not Feel the Economy has Recovered From Financial Crisis
Baby boomers are one of the biggest sections of society considering the estate planning and retirement planning process. According to a new study published by Bankers Life Center for a Secure Retirement, baby boomers have a lack of trust in institutions that has led to a permanent financial problem for many of them. Ten years… Read More »
What You Should Know About Anxiety in Older Adults
Your aging loved ones may require advanced care as they face greater physical issues, but as family members, you should also be aware of potential mental indicators that your loved one is struggling. This may be in the form of symptoms of depression, anxiety, or isolation. No matter how these signs prevent, they can have… Read More »
Does a Trust Belong in Your Estate Plan?
The most basic facets of estate planning often include a will and a trust. Both can be helpful for different reasons, but if you’re not familiar with how a trust fits into your general estate plan, consider talking with your estate planning lawyer in Massachusetts to discuss how this might benefit you. For the purposes… Read More »
Optimizing Your Retirement Planning Strategy for Taxes
Looking ahead to the future is critical for any individual who is in the process of saving for retirement. Setting aside enough money to handle increasing longevity concerns and the rising costs of long term care are two of the most common reasons why an individual will approach retirement planning and estate planning with the… Read More »
Most Americans Simply Are Not Prepared for Retirement: How to Plan Ahead
The country’s largest money manager BlackRock, recently asked Americans who are participating in a defined contribution plan like a 401(k) how they see themselves as prepared for retirement. Most of those individuals said that they were prepared for the future and had a generally optimistic view towards retirement. This suggests, however, that individuals who are… Read More »