As you transition into retirement, managing your taxes is one of the biggest challenges you’ll face. Retirees must be more proactive than when they were working and had taxes automatically withheld from their paycheck (or use an advisor 😊). This…
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Beyond the Pension: Critical Financial Factors to Ensure a Secure Retirement
For those fortunate enough to still have a pension, making the right decisions about how and when to take it can significantly impact your financial future. However, it’s not just about the pension itself. Factors like the timing of Social…
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Should I Invest a Lump Sum of Cash Right Away?
Whether you’ve just received a generous bonus, inherited money, or sold a business, deciding how to invest a lump sum can be tricky. Should you invest everything right away, even if the market feels unpredictable? Or should you ease in…
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The Surprising Reality of Pension Options and Why You Might Want to Consider Annuities
As financial advisors, we’re always prepared for surprises when reviewing pension options for our clients. Let’s look at this example: John Doe has two choices for his pension – a lump-sum payout or a monthly annuity. Initially, many of us…
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Football & Finance: How Adjusting Your Game Plan Can Boost Investment Returns
Here at Approach Retirement Advisors, we’re big college football fans (although to keep things neutral, we will not disclose who we’re rooting for). As we start the college football season, we can see some parallels between how our favorite teams…
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Labor Department’s New Fiduciary Rule Blocked by Judge (and Why This Matters to You)
At Approach Retirement Advisors, we are fiduciaries and we look forward to welcoming new advisors into the fiduciary family. Unfortunately, a U.S. judge has halted a Department of Labor regulation that aimed to broaden the scope of retirement advisers classified…
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Think About This Before You Surrender Your Greatest Asset: Your Income
If retirement is something you’re thinking about sooner rather than later, you know you’ve got some big decisions ahead – the biggest of which is if you’re ready to forego a regular paycheck. One of your most significant assets is…
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