This is how much it costs to retire comfortably in each state

From: www.marketwatch.com

The “fattest state” in the country also sounds like a pretty great place to go out to pasture, if getting the biggest bang for your retirement buck is the priority.

According to BLS data cited by cost-estimating website HowMuch.net, Mississippi, at $617,661 in savings needed, is the most affordable state to…

The holidays can be one of the most joyous times of year, or it can be one of the most stressful. Sail through your Thanksgiving with this exclusive guide!

Print out these helpful tips, checklist, decor ideas, and recipes to make Thanksgiving prep a breeze. From American Lifestyle.

IRS Seeks to Adjust RMDs for Longer Lives

From: www.thinkadvisor.com

The proposed regs “recompute required distributions from IRAs, 401(k)s, and similar plans,” says former tax attorney Andy Friedman.

The Internal Revenue Service has released proposed regulations to update the life expectancy tables for required minimum distributions from qualified retirement plans, IRAs and annuities.

The proposed regs, which will be published in the Federal Register on Friday and be…

These 5 sources of retirement income aren’t taxable

From: www.usatoday.com

Just as taxes are a huge burden for working Americans, they can also be a drain on seniors’ limited resources. If you’re worried about affording your golden years, it pays to set yourself up with a number of income sources that the IRS can’t tax you on later in life.

The last thing you need as a senior is…

How to Have a Healthy Money Outlook

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Did you know that money management and financial challenges are one of the biggest sources of stress for many Americans?

Regardless of your net worth, it seems like there’s always something to worry about.

While some things can’t be controlled, other stressful triggers can be kept in line with a little bit of thought and planning.

Here are six…

Money Mistakes You Don’t Have to Make

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Money mistakes can happen at any age — whether you’re negotiating your first job offer or planning your retirement. The good news? With a few simple steps, you can gain control of your financial future starting today.

Ready to reach your goals? Here’s how to be financially savvy no matter where you are in life:

ETFs Are More Tax-Efficient Than Mutual Funds. Here’s Why.

From: www.thinkadvisor.com

Outflows tend to hurt open-end mutual funds’ tax efficiency, while ETFs tend to be resilient.

Not surprising to any advisor, a key advantage of using ETFs versus mutual funds is the former’s tax efficiency. However, a new Morningstar study explores the sources of ETFs’ tax efficiency verses index mutual funds, and found that ETFs tend to be more tax-efficient…

4 Things to Do if Your Data Is Compromised

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

If you keep up with the news, you’ve seen that several companies have had their databases hacked recently. So what can you do if you think your personal data may have been compromised?

Here are four key steps to take if you’re notified of a data breach.

1. Change Your Passwords

First, you’ll want to change your…

6 Ways to Make the Best of a Windfall

From: REAP, LLC. | Retirement & Estate Advisors & Professionals

Have you ever daydreamed about receiving a sudden windfall?

At some point many of us will receive an insurance payout, a significant tax refund or a bonus for a job well-done.

Though it would be tempting to put the whole amount toward a luxurious vacation or a new car, it’s important to think about your long-term…