Retirement Planning
Retirement planning isn't just about saving money. It's about determining whether you'll be able to live the way you want to after you stop working full time.
Whether you'll stay put or move somewhere else. How you'll spend your time. When you'll start taking Social Security. What kind of Medicare coverage you'll need. How much money you'll need to live on, and where it will come from. What you can do to potentially reduce the tax impact of required distributions from your retirement accounts. Whether you're saving and investing for retirement the right way.
These are just a few of the many issues you'll need to consider whether retirement is decades away, around the corner, or if you've already entered your golden years.
Canby Financial's team of experienced fee-only financial planning professionals can help you find a way forward through this often-confusing maze of complex retirement planning challenges.
Contact us to learn more.
Canby Financial's Social Security Guide provides a high-level overview of how your own Social Security benefits and survivor benefits may be calculated as well as other factors you need to consider before you apply. To request your complimentary copy, please contact us.
Canby Financial's Senior-Living Options Guide explores the benefits and costs of the most common community living choices for seniors: independent living communities; assisted living communities; memory care facilities; skilled nursing facilities; and continuing care retirement communities. To request your complimentary copy, please contact us.
Chris Gullotti discusses the simplest way to calculate annual Required Minimum Distributions (RMDs). However, this method won't work for everyone.
Michael Flaherty examines five mistakes retirement investors often make--and how to fix them.
David Jaeger explores the growing popularity of the Financial Independence Retire Early (FIRE) philosophy of retirement planning.
Michael Flaherty explores the potential benefits and risks of moving Traditional IRA and 401(k) plan assets into a Roth IRA.
Chris Gullotti explains how your children don’t have to wait until they’re adults to enjoy the tax-free retirement benefits of a Roth IRA.
David Jaeger outlines the factors determining IRA eligibility and tax deductibility.
Michael Flaherty weighs the pros and cons of consolidating all of your retirement plan assets into a single account or leaving them where they are.
Canby Financial's Retirement Plan content area offers access to our quarterly newsletters for retirement plan participants and plan sponsors.
