What is Estate Planning?

I am going to die. No, I don’t have a terminal disease, I am going to die because I am human, and dying is part of living. I won’t die any sooner for the fact that I have a will, in fact, with a will I sleep better at night knowing my affairs are in [...]

Withdrawing retirement funds

After retirement, you’re likely to find your retirement savings include several different vehicles, which might include 401(k) plans, IRAs, profit sharing plans and taxable investments.
When withdrawing funds, you need to decide the best order for tapping those accounts. Withdrawing your funds in the most tax-efficient manner can add years to their life, thus increasing [...]

Coming out of retirement at 62

Robert Bertrand thought he had planned his retirement perfectly. Now he is suddenly back hunting in a market that has little interest in older workers, no matter how experienced they are.
When Bob Bertrand retired in early 2006 at age 58 to live out his dream of playing on the Senior Professional Golf Tour, he thought [...]

Recession Changes Investing

U.S. economic woes and stock market volatility have prompted changes in the investment and social behaviors of high-net-worth Americans, according to a new survey of CPA Personal Financial Specialists conducted by the American Institute of Certified Public Accountants.
Lyle K. Benson, Jr., CPA/PFS, founder of L.K. Benson & Company, Baltimore, Md., said the behavioral changes in wealthier Americans illustrate [...]

Retirement planning at graduation

It’s college graduation time again, a life-changing moment for young people as they abandon the relatively safe confines of academic life and face the cruel world of job hunting, living on their own, money management, marital relationships, home buying and upkeep, and, possibly, child-rearing.
They may envision some of these struggles as around the next corner, [...]