I am seeing more Grandparents these days raising their grandchildren and there are challenges and joys with that, I’ll go over that for you. Also, before you retire you might want to consider the benefits of working longer, I'll go over that. Plus, when you’re doing an estate plan there are non-financial assets that you might want included in that plan, we’ll look at those assets.
There are ways to take advantage of your life insurance policy's cash value, I’ll explain. If you are offered an early retirement, I have what you need to consider before you take that offer. And if you used the Cares Act opportunity to withdraw money from a retirement account with penalties waived, you can still be taxed on those accounts, I’ll tell you how to avoid taxes on those withdrawals.
Divorce is always a tough deal for sure. But in retirement they use the word “Gray” divorce. There are different issues to be aware of, so I’ll share that with you. Life insurance can fit so many financial needs and I’ll explain why life insurance in your 50’s and 60’s might be a good idea. And couples and money. This topic is timeless. Over the years some things have changed with this but some not so much.
I have questions about Social Security that only 3% of near retirees correctly answered, so we’ll see how many you know the answer to. Also, along those lines of questions retirees often don’t get right, we’ll have questions about taxes in retirement. You want the right answers, so you don’t pay more for taxes than you need to. And I have the potential financial silver lining of the pandemic.