Retirement Planning Archives » Page 4 of 6

Lower Taxes in Retirement

March 15, 2017

Here’s something I’ve been hearing a lot lately: that people are foolish for putting money in their 401(k) plans. They say that deferring taxes now and paying them at retirement will cost you because your taxes will be substantially higher in retirement. But for many retirees, that is untrue.

Lucia Capital Group Weekly

Multiple Retirement Income Sources

March 7, 2017

If you’re concerned that your retirement savings won’t last as long as you do, you’re not alone. According to a 2016 Northwestern Mutual study, two-thirds of Americans believe there is some chance that they, unfortunately, will outlive their savings.

Lucia Capital Group Weekly

Turbo-Charge your Roth!

February 15, 2017

I’ve spoken before about the potential benefits of having some tax diversification within your portfolio. There can be a distinct advantage to having both pre-tax accounts, and holding assets in post-tax brokerage accounts which may qualify for special capital gains tax treatment when sold. But maybe the greatest advantage of all could come from post-tax monies invested in Roth IRAs and Roth 401(k)s which can produce tax-free withdrawals and tax free income in retirement. By blending the tax treatment on distributions from different types of retirement accounts, wealthy and even not-so-wealthy retirees and their heirs, could enjoy significant benefits from having a Roth.

Lucia Capital Group Weekly

To Roth, or Not to Roth

January 25, 2017

To Roth, or not to Roth? That’s a question that confronts both financial advisors and their clients alike. Here are three factors that may determine if a Roth IRA might be better for you than a Traditional IRA.

Lucia Capital Group Weekly

What the Department of Labor Fiduciary Ruling Means to You

January 4, 2017

You may have heard about the Labor Department’s so-called fiduciary rule, which requires brokers and others who give retirement advice to act in their clients’ best interests, where previously their advice just had to be “suitable” for a retirement investor. So how could this ruling affect you?

Lucia Capital Group Weekly

The Retirement Age Bands

November 16, 2016

The traditional approach to saving for retirement has been to accumulate a nest egg that’s large enough to replace your income once you’ve stopped working, and to sustain a stable standard of living throughout your retirement. If you don’t have enough money saved up to maintain your current lifestyle for the next few decades, well, you’re not ready to retire, right?

Lucia Capital Group Weekly

5 Things Veterans Need to Know About Retirement Benefits

November 9, 2016

November 11 is Veterans Day, when we all take time to honor those who have served in the US Armed Forces. There are 22 million veterans in the United States, but according to the National Center for Veterans Analysis and Statistics, less than half of that number used some kind of Veterans Benefits Administration service last year. Here are five things every veteran needs to know about their retirement benefits.

Lucia Capital Group Weekly

Three Tips for Medicare Open Enrollment

November 2, 2016

Fall is a great time of year – in addition to having some of the best holidays, we’ve also got football, the World Series, some cooler weather, AND Medicare open enrollment, also known as the “Annual Election Period.” It’s been going on since October 15th, and it will end on December 7th, which means you’ve got some time (but not a lot of time) to get some things done. This week’s Lucia Capital Group Weekly brings you three tips you should know about Medicare open enrollment.

Lucia Capital Group Weekly

Financial Fears for Halloween

October 26, 2016

Halloween is just around corner and while it’s fun for the kids, as adults we’re often confronted with fears that we don’t find so nice. Here are a few of the most common financial fears that many people face all year long.