Enhance Today | Enrich Tomorrow
Retirement, often portrayed as a glorious era of freedom and relaxation, has its own set of challenges beyond the financial arena. This week, we’re exploring the “retirement complacency trap” and discussing the four phases retirees go through. Vacation/Honeymoon Phase: The…
When so many conversations today are about the economy, inflation, and the stock market, it’s normal to wonder if you should change your investment strategy. You might wonder if you are investing too aggressively, or you might even think about…
As the holiday season approaches, many of us find ourselves thinking about gift-giving and generosity. While gifts can come in many forms, monetary gifts can end up causing some confusion when it comes to taxes, how to transfer money, and…
Do you remember the last time you drove to a destination and were delayed by a roadblock? The delay can create added frustration not knowing exactly how long it will take to get through it. Similar frustrating circumstances pop…
Early retirement presents unique financial planning challenges, particularly regarding health insurance and tax strategies. For people who retire before age 65, finding affordable and adequate health insurance adds another layer of complexity to their financial plans. The ACA and Health…
An inherited IRA is essentially an IRA received by a beneficiary after the original owner passes away. Whether it’s a spouse, child, or another loved one, the key characteristic of an inherited IRA is that it transitions ownership upon death….
Investing can feel like a battle between two polar opposites within us, the rational and the emotional, just like the classic story of Dr. Jekyll and Mr. Hyde. This week we’re talking you through the spooky tale of the risks,…
Reaching your financial goals builds confidence and peace of mind, which are essential for making informed decisions that benefit your entire family. In this episode, we’re following a fictional pop culture couple from newlyweds to pre-retirement, to demonstrate how their…
Retirement comes with its own set of financial intricacies. Specifically, how do you set up a retirement withdrawal strategy to ensure a comfortable, sustainable, and tax-efficient lifestyle? A well-crafted retirement blueprint is essential. This plan should outline your long-term goals and…
Retirement planning is a delicate process, and you need to carefully consider your various income streams, including Social Security benefits. For those of us who plan to continue working during retirement while claiming Social Security, it’s important to understand how…
