In Retirement Timing is Everything
When it comes to transitioning into retirement timing really is everything The age at which you retire can have an enormous impact on your overall retirement income situation so you will want to make sure you have considered your decision from every angle...
David Lerner Associates: Asset Allocation
As you transition into retirement, your priorities for and demands on your portfolio are likely to be different. Your asset allocation strategy will probably be different than the one you used when saving for retirement....
David Lerner Associates: New Vets Pension Rates Released
The U.S. Department of Veterans Affairs (VA) provides a tax-free, supplemental pension to qualifying wartime veterans and their families.The latest MAPR rates, effective December 1, 2014, are available on the U.S. Department of Veterans Affairs website....
Your Lifestyle After Retirement
Have you given any thought to how this lifestyle might change after retirement? It might be advisable to sit down with a professional financial planner who can guide you through your best options....
David Lerner Associates: Switching Professions? Take Your 401(k) and Roll It
Sometimes, you have no alternative - you need to use the funds. If so, try to minimize the tax impact. For example, if you have nontaxable after-tax contributions in your account, keep in mind that you can roll over just the taxable portion of your...
David Lerner Associates: Women is Health Care in Retirement
At any age health care is a priority. But when a person retires focus on health care is more important than ever before. This is especially true for women....
Saving for retirement: How late is too late?
Ideally you should begin saving for retirement in your 20s. The more time you have to save the better your chances of having the kind of retirement lifestyle you desire....
David Lerner Associates: Just How Much Yearly Revenue Can Your Retirement Portfolio Provide?
Prolonging your savings may call for attention to tax issues. For example, how will higher withdrawal rates affect your tax bracket? And does your withdrawal rate take into account whether you will owe taxes on that money?...
David Lerner Associates: Distribution Funds – Putting Revenue on Autopilot
As baby boomers retire, they begin to focus less on accumulating assets and more on how those assets may be converted into an ongoing stream of income. Distribution funds are one way to simplify that method....
David Lerner Associates: Fraud Tips for Older Americans
David Lerner Associates: Fraud Hits Older Americans Hard. Now that the majority of seniors are active online, scammers are targeting them. Here are some tips to avoid falling victim to their scams....