List of Retirement Milestones - PDF Download

Retirement MilestonesThere are many milestones on the way to – and through – retirement.  Starting at age 50 with the opportunity to make additional catch-up contributions to IRAs and

Does the 4% Rule Apply to Early Retirement?

If the 4% withdrawal rule was created with a 65 year old in mind, what happens when you want to retire earlier?  How much would an early retiree have to reduce their withdrawal rate to accommodate a longer retirement?  Research has been done that suggests that you don’t have to reduce the 4% withdrawal rate too dramatically, even for very young retirees.

A 4% Withdrawal Rate in This Market

A convenient truth of a 4% withdrawal rate in this market is that dividends and bond income will come pretty close to covering it. However, once you start withdrawing more than the income the portfolio can predictably produce,  you are relying on growth to fund your spending.

The Retirement Spending Smile

When people speculate about what spending will look like in retirement, they usually come up with some version of the go-go,  slow-go and no-go phases.  They assume spending will stay the same or increase for several years while catching up on the fun missed while working (go-go), that they’ll slow down after that (slow-go), and at some point will reach “no-go”, wher

Medical insurance and Planning for an Early Retirement

Clients who want to retire before they are eligible for Medicare (age 65) are often concerned about how they’ll handle health insurance costs.  Dental practice owners are probably used to paying this expense out of pocket already and have a better idea than most how much their coverage will cost, but the reality of paying the premium on their retirement income and realizing that

Q&A: I'm So Close To Retirement, Should I Cancel My Disability Insurance?

Clients, around the age of 60, start thinking about whether or not they should continue with their disability insurance.  There is a diminishing return on investment when you consider that a disability policy only pays to a certain age, usually 65.   While each year’s premium buys fewer years of benefits, it's also at a time when disability might be more likely.  

How Much Money Does it Take to be Happy?

There is ongoing academic research regarding how much money it takes to be happy, or at least satisfied, with one’s financial life.  While the numbers vary, at a certain point, studies show that increases in annual income no longer seem to bring greater happiness.

Withdrawal Strategies: Deciding Which Account to Withdraw From

There are a few factors that should go into answering the question “which account do I withdraw from?”.

As advisors, we’ll think about several factors: 

When Can I Stop Working?

A common question I hear is “when can I stop working?”  Not that the client necessarily wants to stop working, they just want to know that they can stop.  That

How Dental Practice Owners Begin to Save For Retirement

Sometimes dentists care so much for their patients and sacrifice so much for their employees that they short themselves and their own families.

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