Posts by Jon Magoch
Money Matters – Health Care Plans
Health care coverage and preserving your retirement assets.
Read MoreIncome Strategies for an 8,000-Day Retirement
By 2030, it’s estimated that 20 percent of the U.S. population will be over age 65.1 That means a fifth of all Americans will be on the fringe of retirement or already retired, a milestone that’s generally perceived to come late in life. But consider this, there are approximately 8,000 days in today’s average retirement. That’s approximately the same number of days from:
- Birth to college graduation
- College graduation to mid-life crisis
- Mid-life crisis to retirement
Eight thousand days translates to about 22 years. That may seem long for retirement, but it’s actually quite common these days: Retire at 65 and live to 87; retire at 70 and live to 92; retire at 80 and live to 102. More people are doing this all the time.
Read MoreMake Your Retirement Strategy A Routine
Developing a retirement plan is a dynamic process. The best retirement outcomes tend to be those where the person follows a process or routine. This boils down to a simple 5 step cycle: plan, diversify, revisit, rebalance, and repeat. Today, Jon discusses what each of these steps is comprised of and how to integrate them into your retirement planning routine.
Read MoreMoney Matters – Annuities
Some questions to ask about annuities.
Read MoreIndispensable Income Sources for Retirement
The most common fear associated with retirement planning is outliving your money. Today Jon discusses the most common sources of retirement income and ways in which to make sure that you do not come up short in retirement.
Read MoreMoney Matters – Creating a Retirement MAP
Navigating your retirement journey is made much easier when you have a personalized “MAP”.
Read MoreWhen an Annuity Makes Sense
With the decline of pensions and concerns about Social Security, the topic of annuities has recently come to the fore. Today Jon talks about the social, cultural, and financial reasons for this shift and what it can mean for your retirement.
Read MoreMoney Matters – State of Market
Some things to consider as we see the market hitting all-time highs.
Read MoreRetirement Income Strategies
It’s one thing to save for retirement, but another thing altogether to make sure it gives you maximum impact. Today Jon talks about how money properly placed in a portfolio can help with not only income but also cover inflation, taxes, volatility and other factors that can make your retirement less enjoyable.
Read MoreMoney Matters – Social Security Timing
What card do you play and when – have a strategy for social security withdrawal.
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