An American Retirement Crisis? By Charles L. Stanley CFP® ChFC® AIF®
The National Institute on Retirement Security (NIRS) recently released a public opinion research report that found that an overwhelming majority of Americans – 86 percent – believe the nation faces a retirement crisis. Some of the findings are: Some 86% of respondents agree that the nation […]
Read ArticleOne Illness Away From Disaster
By Allison Reed It can be exciting to run a solo financial planning practice, but there are some significant downsides to going it alone. What would happen to your practice if you passed away or became disabled? How would your family be affected? And what about your clients? I don’t want to be overly dramatic, […]
Read ArticleFor the Solo Entrepreneur, a SEP-IRA, or a Solo 401 (k)
For the successful solo business person with no employees, but maybe a spouse, choosing the best option for retirement savings is important. You want to be able to set aside the greatest amount with the options that are important to you. People in this category are often consultants or solo professional practitioners of some sort. […]
Read ArticleShould You Make Your Year-End Charitable Gifts From Your IRA?
by Charles L Stanley CFP® ChFC® AIF® When entering retirement, having a big, fat IRA feels good. It provides a certain sense of security —and that’s a good thing. However, when you consider estate planning for a family with a taxable estate in excess of $5.25 million, that big, fat IRA is a horrible asset […]
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