Eric Judy

The War on Retirees

No One’s Talking about the War on Retirees Shockingly—or not so shockingly—many seniors experience feelings of anxiety in early retirement. Many are concerned about outliving their money. Some are concerned they have no plans on how to spend their time in the days and years ahead. A few have their total self worth and identification in their old job titles and achievements, so for some, retirement is a real step down in life. The war is on, but are both sides fighting fair? When it comes to retirement, you can’t control the economy in which you retire, but no...

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Here’s to Saving Enough for a Successful Retirement

It’s No Simple Matter to Accumulate Enough Money for Retirement Most retirees are either going to spend their money on themselves, give their money to others or do both. But that’s all determined by how much after-tax income you have at the end of the month. You must integrate the right financial products with tax and planning strategies to mitigate as many retirement risks as possible to generate the most net-spendable income during retirement. How much do you need to meet your “retire-style” goals? That depends, because everyone’s idea of retirement is different. For some it’s golf, travel and...

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Navigating Risk Tolerance in Retirement is No Small Maneuver

An Informed Investor May Be Able to Mitigate Some the Risks in Retirement Who has time to really understand their investments? Isn’t that why most people leave the majority of their investment decisions to a financial advisor? Taking the time to learn the market is a job in itself. There always seems to be a few brave investors willing to dig deep into their portfolios to examine what they own, which could be beneficial knowledge for your retirement income. But for most, planning for retirement is not a do it yourself activity. Often, seniors are surprised to discover—with newfound...

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You Need to Gauge Your Risk Tolerance in Retirement

For Many Retiree’s Their Level of Investment Risk is Zero There are many risks during your golden years that can change your retirement dream into a penny-pinching nightmare. In order to combat this nightmare, you must determine your risk tolerance level and adjust it to fit your psychological profile for investing. When it comes to investing, one of the best tools you can utilize is knowledge. Understanding what you’re investing in can help you build a portfolio you’re comfortable with and helps alleviate some of the risk to your long-term results. Risk tolerance is the measure of how much...

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Get the Most out of Your 401(k) Contributions

Most retirees want more predictable monthly income. It brings a degree of solace and confidence for the future. For some seniors, it removes the angst and stress over finances. It may even be an issue of product suitability based on the retiree’s financial profile and risk tolerance. So, what if you could use your 401(k) as a tax-mitigation tool to deliver more net spendable income? Did you know non-deductible 401(k) contributions could be rolled into a Roth at retirement? Funds may be rolled into a regular Roth IRA from a designated Roth account that is part of a 401(k)...

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