If you have reached age 70 ½ and are taking your required minimum withdrawals, here are some useful tips you may want to use in order to maximize your IRA account: Tip 1: to decrease the fees you’ll have to pay when withdrawing from your IRA, you can merge traditional IRAs from multiple institutions into… Continue Reading
Author Archives: John
Upcoming Speaking Engagement
Money and Law
Funding Your Retirement Through Renting
Want to cushion your retirement? If you live in a house that has a couple of spare bedrooms, you may want to consider renting them. Companies like Airbnb, Vacation Home Rentals, HomeAway, and VRBO can help you do that. Both Airbnb and Vacation Home Rentals charge a small 3% booking fee. People from all over… Continue Reading
Aging and Your Social Life
Aging is not easy. Life events such as divorce, a death in the family, unemployment or financial set backs may affect you negatively, emotionally and health-wise. However, science has shown that having friends that you age with are good for your health. Psychologically, friends are there for you when you need them, they can help… Continue Reading
The Top Mistakes People Make in Planning for Long Term Care
Top 7 Mistakes Thinking it’s too late to plan. It’s almost never too late to take planning steps, even if after a family member has begun to receive long term care. Giving away assets too early. Make sure you can take care of yourself first. Don’t put your security at risk by putting all of… Continue Reading