Step #1 – Retirement Preparedness Checklist: Create Personal Financial Statements

No self-respecting Chief Financial Officer would dream of trying to run a company without a constantly updated set of financial statements. Neither should you. That is why the first step, in our Retirement Preparedness Checklist, is to create personal financial statements. The Purpose of Personal Financial Statements Personal financial statements serve several very important functions: 1) they tell you where …

The Retirement Preparedness Checklist

Heavyweight champion and prolific pitchman, George Foreman, said, “The question isn’t at what age I want to retire, it’s at what income.” Before you turn in the keys to your office for good, you need to make sure you are prepared financially for life without a paycheck. Use this handy Retirement Preparedness Checklist and correlating worksheets to make sure you …

How to manage stock market volatility in retirement

In retirement, one of the scariest things, particularly when you are dependent on your investment portfolio for a large portion of your retirement income, is how to deal with the ups and downs of the stock market and the economy. You may believe that, in order to do that, you have to be able to get into the market as …