May 4, 2012
By Perspective Financial Services
Each month during 2012, we are sharing share quick, easy things you can do to help you stay on track with your financial and life goals. Just one resolution per month — 12 proactive tasks for the year. In May, resolve to spend a few hours volunteering your time to a charitable organization or
… Read More: 12 Financial Planning Steps for 12 months in 2012: May
January 25, 2012
By Perspective Financial Services
Stories abound about the fireman who retires at age 45 with a six-figure pension, or the city manager who leaves after just five years’ service with full salary and health coverage for life. What doesn’t make headlines, however, is the growing number of public sector employees who have seen their retirement benefits erode in
… Read More: The Growing Public Sector Pension Gap
December 13, 2011
By Perspective Financial Services
How many retirement accounts do you have? If you’ve changed jobs a few times throughout your career, you could have several accounts housed in different employers’ plans.
While it is certainly acceptable to leave money in an old plan, in some cases it may be a better idea to consolidate your assets. (If your
… Read More: Is it Time to Roll Over Your Retirement Accounts?
January 24, 2011
One of the biggest lessons of the recent economy is that many people who thought they were financially ready for retirement…weren’t.
The amount of money, investments and government support you’ll need to retire comfortably is as individual as you are. Some people plan to work in retirement. Others have health issues or other financial
… Read More: Before You Set Your Retirement Date…
November 29, 2010
The year a person turns 70½ years of age, he or she must begin making annual Required Minimum Distributions (RMDs) from IRAs, 401(k)s and similar retirement plans. According to the IRS, retirement plan participants and IRA owners are responsible for taking the correct amount of RMDs on time every year. Those who fail to
… Read More: Retirement Accounts & Required Minimum Distribution