We often see people making certain assumptions about retirement that just aren't correct. For example, some people think they'll spend less money when they retire than they did in their working years. However, we're finding more and more often that the opposite is true.
Do you know about Required Minimum Distributions, or RMDs? They are something that every retiree has to face, and not planning properly for them can shipwreck your retirement. Your captains Derek and Jim will explain what RMDs are, and how to prepare for them in retirement.
Most people know that there's a difference between Roth IRAs and Traditional IRAs. However, most people don't know when's the right time to contribute to one or the other. We'll dive into that conversation on this week's Captain's Log.
Retiring early can present its own set of unique challenges. One of those challenges is the question of how to handle social security. Let's help answer that question so you can prepare for a peaceful early retirement.