Navigating the Retirement Risk Zone: Tips for Saving During Crucial Years

Are you approaching retirement or already in the early stages of this exciting phase of life? The years just before and after retirement mark a critical period that requires careful planning and consideration. We believe this “retirement risk zone” is a period of transition that necessitates comprehensive planning encompassing monetary and non-monetary considerations. Here are […]

Preserving Your Legacy: Navigating Estate Planning

Estate planning can be critical to help ensure that your assets, values and wishes are protected and carried out after you pass away. This process involves making important decisions about the distribution of your assets, who will manage your affairs, and how your legacy will be preserved. From devising a thorough plan to considering the […]

Catch-Up Contributions: Exploring the Effective Retirement Savings Tool

Amid the ever-changing policies around retirement, it’s crucial to stay informed about the latest updates and identify the best strategies to help secure your financial future.  In recent years, catch-up contributions have gained traction as a means for individuals, especially those nearing retirement, to boost their savings. To make the most of catch-up contributions, it’s […]

Retirement Planning: Tips to Help Maximize Social Security and Other Considerations

By Shawn Stone, CRPC®, Retirement Planner for Retirement Planners of America Social Security has provided beneficial income to retirees in the United States since 1935. According to the Social Security Administration, about 50 million retired workers collected benefits in 2020 alone. At RPOA, we believe this is best utilized in conjunction with other means of […]

Tips For Funding IRAs And Understanding The Secure Act 2.0

Are you interested in funding an IRA? If so, are you aware of the current contribution limits and tax implications? There’s been quite a bit of legislation in the last few years affecting retirement savings. First was the Secure Act passed at the end of 2019. This sweeping legislation had lots of provisions. The legislation allows […]

‘Tis The Season For Tax Planning: Tips For The End Of The Year

By Shawn Stone As the year draws to a close, getting your finances in order is a great way to end on a high note and have a strong start for the new year. When the holidays approach and you’re in the festive spirit, it can be very tempting to put financial planning for the […]

New COLA rate and its impact in the New Year

By Shawn Stone A big question on seniors’ minds earlier this year was: How much of a e Social Security increase is coming in 2023? By mid-October, they had their answer. In 2023, Social Security benefits will be eligible for an 8.7% cost-of-living adjustment (COLA) based on third quarter inflation data. Social Security hasn’t seen […]

What Does Veterans Day Mean to You?

PLEASE NOTE: Statements made in this blog post are direct quotes from employees of Retirement Planners of America as of the date of publication. The views and opinions expressed by the quoted employee do not necessarily reflect the official position of Retirement Planners of America. Veterans Day is a day to recognize and express our […]

What To Do With Your Finances After The Loss Of A Spouse

Jordan Roach, Retirement Planner at RPOA While couples can spend years preparing for their golden years, nothing can emotionally prepare them for losing a spouse in retirement. As a surviving spouse, there are a number of unique financial decisions to be made and they should be planned for in advance so they can grieve without […]

Tips to play catch up for retirement?

What happens if you’ve been saving and saving for retirement, and something happens in the market? What if that something causes you to lose 50% of what you have saved? Well, if you’re closing in on retirement, maybe 5 years away, what do you do? According to Jim Ward, director of Advisory Services at Retirement […]

How To Get Off The Market Roller Coaster And Protect Your Retirement

When the market is going up day after day, some investors may get buying fever because they think the market could continue in an upwards momentum. But once the market enters a downward spiral, some investors can’t take it anymore and want to get off the ride. However, nobody knows when the stock market is […]

Tips To Getting Through Inflation When Retired

According to the Associated Press, inflation is at a 40-year high. For retirees on a fixed income, this economic environment could be daunting. So, if you are a retiree or close to retirement, you may be wondering what you can do to combat the rise in inflation. Jim Ward, Executive VP for Retirement Planners of […]