News and Resources

Caring for another person requires a great deal of emotional and financial currency. Those included in the “sandwich generation” know this all too well. The sandwich generation refers to a group of people who are tasked with caring for aging parents as well as financially dependent children, mostly people in their 40s and 50s. This…

Social Security is a vitally important tool for a retiree’s income planning strategy, yet many pre-retirees don’t give it the attention that it deserves.  Understanding how Social Security works and the best ways to optimize it for you and your family can make a huge difference in the size of your benefit, tax implications, and…

Retirement can be one of the most exciting times in your life. Without work tethering you to a certain location, you have the freedom and flexibility to live out your golden years wherever you like.  But before you ditch your hometown for an unfamiliar place, be sure you have done adequate research into your new…

We have made it to the end of our pension series and today we will take some time to summarize the series. We will walk you through each of the questions we have answered and provide a brief explanation.  Let’s start with a general overview of a pension plan. What is a pension? A pension…

Today, we will analyze how your pension plan interacts with the other retirement savings you have and how to create a strong plan to maximize your cash flow in your golden years.  Why your pension might not be enough Pension plans, or defined benefit plans, have been an important method of saving for retirement for…

The state of pensions in America is on rocky ground. In recent years companies have either stopped offering pensions or significantly cut pension plans for current and future employees. In fact, only 16% of Fortune 500 companies offered a defined benefit program to new hires in 2017 as compared to 59% among those same employers…

Pensions encompass a large portion of current retiree’s financial plans. Though once a popular vehicle for attracting and retaining employees, defined benefit plans have been on the decline for many years.  With pension plans running up a big deficit on many companies’ books, some have started offering employees pension buyout options. With a pension buyout,…

A pension can be an integral source of income in retirement. But there are many different ways to collect your benefit. How you receive that money can set the tone for your financial stability in your golden years.  When it comes time to retire, you will need to select how you would like to receive…

Pension plans are likely to be on the endangered species list as a retirement savings vehicle. With fewer companies offering such plans and current companies cutting back or eliminating pensions altogether, it is important that you have a clear idea for the role your pension could play in your retirement saving strategy.  For many pre-retirees,…

There are many misconceptions about retirement. One of the main ones being that you are going to be happy and content simply relaxing for the rest of your life. For many people, retirement lasts the better part of 25 to 30 years. That is quite a long time to sit relaxing on a beach somewhere. …