Resources

Category: Retirement

Reality Check on Your Retirement Savings

Vertex Planning Partners / Planning, Retirement / December 12, 2023

Whether you’re 23 or 35, it’s important to know whether you are saving enough for your retirement. There is no time like the present to ensure you are allocating enough funds to your retirement account. With folks routinely living into their 80s and 90s, it’s more important than ever to ensure your money lasts your […]

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Doing Some Tax Planning Now Can Pay Off Later in Retirement

Vertex Planning Partners / Planning, Retirement / October 16, 2023

For many people, retirement is not a time to slow down and stop. It’s a time to explore the next great chapters of your life and build upon everything you’ve learned and experienced so far.  Another thing that doesn’t slow down or stop is taxes. Understanding how taxes could affect your future cash flow will […]

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When to Begin Collecting Social Security

Vertex Planning Partners / Planning, Retirement / July 10, 2023

Deciding when to retire and begin collecting Social Security is an important life decision. Some people may feel they don’t have enough savings to retire and delay their retirement plans to continue working, which means postponing when they begin collecting Social Security. Current law allows workers to begin collecting Social Security between 62 and 70 […]

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Pay It Forward

Vertex Planning Partners / Planning, Retirement / January 18, 2023

Looking To Teach a Child Some Important Money Lessons? Consider a Roth Custodial IRA. You started early and have saved hard in your 401(k). You’ve also paid close attention to your investing strategy over the years. And you definitely understand the benefits of tax-deferred compounding over the long term and the potential for growth. Heck, […]

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Eliminate the Guesswork

Vertex Planning Partners / Estate Planning, Planning, Retirement / July 14, 2022

Creating an estate plan is a key component of achieving financial wellness Most people don’t spend too much time thinking about end-of-life planning on a daily basis. But you may have loved ones who will soon face those issues. While it’s not pleasant to think about, you may be the one who ends up having […]

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Go to the Head of the Class

Vertex Planning Partners / Planning, Retirement / November 11, 2021

Master these Social Security lessons to get a more realistic view of your retirement. According to Nationwide’s 8th Annual Social Security Consumer Survey, more than half of Americans express confidence that they know exactly how to optimize their Social Security benefits. However, only 6% actually understand all the factors that determine the maximum benefit someone […]

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Caring For Aging Parents

Vertex Planning Partners / Planning, Retirement / October 14, 2021

Many adults have aging parents who are in need of living and health care assistance. There are a number of resources today that can help them grow old gracefully, either in their existing home or in a facility, along with multiple options for financing the cost of the care. Living options Living alone: Depending on the […]

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MAKING SENSE OF MEDICARE PARTS A, B, C, AND D

Vertex Planning Partners / Planning, Retirement / August 16, 2021

With its four distinct parts, Medicare can be an alphabet soup of complexity. We provide an overview of the various components and how they impact your healthcare costs. Medicare is available to virtually all U.S. citizens and legal residents 65 years of age and over who have previously worked and paid U.S. taxes or who […]

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The Basics of Financial Fitness

Vertex Planning Partners / Investing, Planning, Retirement / July 14, 2021

Becoming financially fit requires maintaining foundational elements, including a budget, emergency fund, strong credit score, and retirement savings. There’s a subjective uncertainty associated with financial wellness. Are you financially fit? And if so, how fit are you? While there is no clearly defined threshold for answering affirmatively, much less grading your level of fitness, there […]

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Medicare Options During Retirement

Vertex Planning Partners / Planning, Resources, Retirement / May 13, 2021

Americans 65 years of age and older face a number of choices when it comes to Medicare healthcare coverage. We look at the top considerations. Medicare is available to virtually all U.S. citizens and legal residents 65 years of age and over who have previously worked and paid U.S. taxes or who are/were married to […]

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