If you’re in a position to consider maxing out your 401k, you’re probably doing pretty well financially. But if you can max it out, does that mean that you should? What if you’re maxing it out and you still want to save more? What do you do then?
It’s a good conversation to have early in the year as you make plans for your retirement contributions over the next 12 months…
Is Social Security Going Bankrupt?
If you read the headlines, it sounds like the future of Social Security is a cause for concern. Should you be concerned about the program going bankrupt?
With so many retirees relying heavily on Social Security for income, there’s plenty of reason to take notice and ask the question. In this episode, we’ll help you better understand the reasons money is projected to run out sometime in the 2030s.
When Should I Do a 401k Rollover?
It’s a common question that people ask about their financial planning—when should I do a 401k rollover? You’ve probably heard that it’s usually best to move money out of an old 401k account, but does the timing matter?
In this episode, we’ll talk about the qualifying events that need to occur in order to give you the option for a 401k rollover. Then we’ll tell you about the four main options you have once you reach the point where you could roll the money over. Finally, we’re going to discuss some reasons why you would choose one of these options over another.
Estate Planning Disasters
We’re finishing up our estate planning series with Tim Nordgren, an attorney at Schell Bray in Chapel Hill, with a discussion on what could go wrong if you don’t have the vital estate planning documents in place. Then we’ll wrap up with some of his estate planning horror stories that he’s seen through the years.
Do I Need a Trust?
We’re back once again with Tim Nordgren, an attorney at Schell Bray in Chapel Hill, to talk more about estate planning. Today we want to address one of the most common questions that people ask about their estate plan: do I need a trust?