Considering some important issues now could provide more options in the event of early retirement.
It’s a good idea to regularly review beneficiary designations to be sure they are complete and reflect current wishes.
A letter of instruction could be just as important as a will in helping loved ones settle an estate and move forward with their lives.
The day-to-day demands of supporting multiple generations can take a toll, but planning and support might help achieve a workable balance.
Estimate how much would remain after paying income taxes and penalties if you took an early distribution from a retirement plan.
Estimate the annual required distribution from your traditional IRA or former employer's retirement plan after you turn age 73.
Estimate the future value of your current savings.
Compare the potential future value of tax-deferred investments to that of taxable investments.
