This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA How do you envision your retirement? Spending long, lazy days at the beach? Spending more time with your grandchildren? Going golfing or fishing a lot more? Everyone has their own ideal retirement plan. Want more help getting to your retirement? … Continue Reading: How to Use the Tax Code to Retire in Style
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA What does this mean? If you don’t put something in (deposit) you won’t get something out (return). Isn’t that the truth? This applies whether you want to learn to play the guitar, improve your culinary skills or learn how to… Continue Reading: No Deposit. No Return.
This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Playing more golf, going to the beach or spending more time with your grandchildren is how some visualize their retirement. During your working career you went to work every day to get your paycheck. Assuming you are fully retired… Continue Reading: 5 Easy Steps to Get a Paycheck in Retirement
401(k) plan The 401(k) plan has become one of the primary retirement vehicles many people will use to help fund their retirement. It is one of the cornerstones in 5 Easy Steps to Retirement. Pre-tax contributions and tax-deferred compounding are what makes the 401(k) plan so appealing. In 2016 employees can contribute up to… Continue Reading: The Difference Between a 401(k) plan and a Roth 401(k) plan
The Roth IRA and an IRA both offer different tax advantaged ways to save for retirement. If you are serious about your retirement plan take these 5 Easy Steps to Retirement. Roth IRA In 2019, investors are allowed to fund a Roth IRA up to $6,000 per year. Additionally investors age 50 and… Continue Reading: The Difference Between a Roth IRA and an IRA
1) Plan For Your Retirement Sorry for having to state the obvious. You’re not going to get to retire if you don’t plan. This is the price of admission. After all, it is your retirement we are talking about here. This plan can be as simple or elaborate as you like. I prefer… Continue Reading: 5 Easy Steps to Retirement