Managing Surprises and Sticking to Goals

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

Without expenses like travel and dining out, many people have spent less and saved more over the last few months.

Others are experiencing a sudden drop in income due to job loss or early retirement.

With the timeline of the pandemic still unclear, now may be a good time to take another look at your financial goals. How can…

5 Financial Considerations of Divorce

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

No one wants to think about examining and dividing their finances, but divorce happens.

In particular, an increase in “grey divorce” (divorce involving couples over 50 years old) is something you may have heard about. The longer a couple is together, the more complicated the financial aspects of separation can become.

In the case that there is no prenuptial agreement…

Protecting Your Assets with Life Insurance

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

Life insurance can potentially protect and even increase generational wealth in ways many people don’t know about. Have you taken a look at the various options lately?

While buying a term policy and investing the difference might be a good idea for younger people with few assets, your needs and priorities may shift as you grow older.

Learn how…

Discussing Financial Milestones as a Parent

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

It can sometimes feel awkward or challenging to talk about money and the future, especially with your children.

But if you want to help minimize stress for everyone, you may want to prioritize certain conversations.

Whether your kids are adults, teens or younger, here are a few big financial topics to keep in mind as you work to set…

3 Questions to Ask Before You Downsize

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

Homeowners may choose to downsize for a variety of reasons. Maybe you’re tired of maintaining an older home, maybe you don’t need as much space anymore, or maybe you’re just ready for a change.

No matter the motivation, this is a big decision with many financial details involved.

Have you been thinking about simplifying and wondering if…

3 Misconceptions About 401(k) Fees

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

If you have a 401(k), 403(b) or 457 plan, you may be losing money to overpriced investments and hidden costs. The good news? If you understand the fees you’re paying, you may be able to lower them.

If you haven’t looked closely at the details of your plan lately, now is a good time for a checkup.

Here are…

What are your questions about RMDs?

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

You’ve worked hard to save for your retirement. You’ve also carefully built a plan for managing your savings before and after you leave the workforce.

Among other things, this means considering the ins and outs of required minimum distributions (RMDs) for your retirement accounts.

Are you unclear about the rules or any recent changes? Here are some of the…

Are you thinking about retiring early?

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

Life doesn’t always go as planned, and if you’re currently navigating a new set of circumstances that has led you to consider an earlier retirement, it’s important to proceed carefully and thoughtfully.

Is it possible for you to retire early? If so, what’s the best way to go about it?

To start, take a look at these basic considerations…

4 Security Best Practices to Consider

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

Now that you may be spending more time at home and online, knowing how to keep your sensitive information and conversations safe has become even more important.

Are you following the best practices for protecting your financial details (and other sensitive data)?

Here are four steps you may want to take.

Use a password manager. Do you struggle to remember…

Maintaining a Healthy Financial Mindset

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

You’ve worked hard to build a safety net and plan carefully for the future, but that doesn’t mean your preparations are set in stone. As we’ve learned over the last few months, things can change when you least expect them to.

By cultivating a healthy approach to uncertainty and your finances in general, you can continue to make the…