There are several retirement myths circulating about from well-meaning people. You are planning for retirement. You started by researching information online. Although the internet certainly has helpful information, it is not always accurate. According to a recent Auburn.pub article titled “Let’s Leave These 3 Retirement Myths in 2020’s Dust,” you should be wary of retirement […]
Social Security needs may look different for men and women. Women and men are alike in many ways. They are also distinctly different. These differences do not make one better than the other. They may, however, demand specific planning. This is especially true when it comes to retirement planning. According to a Money Talk News […]
Some states are better for veterans in retirement than others. You are a member of the United States Armed Forces. In the military, you have served others for your entire career. You have been deployed, and you have been relocated with your family.s Now, you are planning for retirement and trying to decide on where […]
You are newly widowed and are concerned about your rights to your deceased husband's Social Security benefits. And rightfully so. It is easy to make mistakes when it comes to Social Security. When to take Social Security benefits is a major decision that has major consequences for not only the worker but his spouse. According […]
Stretching an IRA is challenging but not impossible. Not too long ago, your estate plan likely included a Stretch IRA. This allowed your retirement funds to last for the lifetime of your non-spousal heirs (typically your children). With the SECURE Act, this option is no longer on the table for wealth transfer. According to a […]
One can catch up on retirement savings through intentionality with finances. You have been working for decades. In fact, you are now closer to retirement than the day you began your career. Unfortunately, you did not start saving enough or early enough for retirement. This leaves you with quite a bit of ground to cover […]
A Roth IRA can help you achieve greater financial security in retirement. After you enter retirement, your daily living expenses do not suddenly disappear. You still have bills to pay and groceries to purchase. Many people also have mortgages and other debts to pay off. When you add up these figures and the typical increase […]
Caring for those with Alzheimer’s can be a challenge. You recently had a loved one diagnosed with Alzheimer’s disease. Perhaps this condition runs in your family. Maybe it took you completely by surprise. In either instance, the news is devastating. According to a recent Think Advisor article titled “4 Things Advisors Should Know About Cognitive […]
Social Security will look slightly different in 2021. When you think of retirement, you likely also think of Social Security. Social Security benefits provide monthly income in retirement for those who qualify to receive based on their work history. Although you should personally save and invest part of your income for retirement in a Roth […]
You cannot neglect your finances in retirement. You have recently entered retirement. You are enjoying some time to yourself with fewer responsibilities. Even so, there are certain responsibilities you cannot ignore. According to a recent MoneyTalksNews article titled “7 Money Moves You Should Make After Retiring,” you cannot escape legal matters and financial decisions. What […]
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Overland Park Estate Planning Attorney Kyle Krull assists clients in Kansas and Missouri with Estate Planning, Wills, Trusts, Revocable Living Trusts, Charitable Planning, Asset Protection and Business Succession Planning in the greater Kansas City area including Overland Park, Leawood, Olathe, Lenexa, Johnson County Kansas and Jackson County Missouri.
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