Retirement

/Retirement

Social Security Benefits: How Much Will I Receive

Next to “When should I claim Social Security benefits?” one of the more common questions people have is “How much will I receive?” Calculating your potential Social Security benefit is a three-step process: Calculate Your Average Indexed Monthly Earnings (AIME): The highest 35 years of indexed earnings is added together. It is then divided by [...]

By |News and Commentary, Retirement|Comments Off on Social Security Benefits: How Much Will I Receive

A Fruitful Retirement: Your Social Security Benefit

By |News and Commentary, Retirement, Videos|Comments Off on A Fruitful Retirement: Your Social Security Benefit

Does Your Portfolio Fit Your Retirement Lifestyle?

Most portfolios are constructed based on an individual's investment objective, risk tolerance and time horizon. Using these inputs and sophisticated portfolio-optimization calculations, most investors can feel confident that they own a well-diversified portfolio, appropriately positioned to pursue their long-term goals.¹ However, as a retiree, how you choose to live in retirement may be an additional [...]

By |News and Commentary, Retirement|Comments Off on Does Your Portfolio Fit Your Retirement Lifestyle?

Eight Mistakes That Can Upend Your Retirement

Pursuing your retirement dreams is challenging enough without making some common, and very avoidable, mistakes. Here are eight big mistakes to steer clear of, if possible. No Strategy: Yes, the biggest mistake is having no strategy at all. Without a strategy, you may have no goals, leaving you no way of knowing how you’ll get [...]

By |News and Commentary, Retirement|Comments Off on Eight Mistakes That Can Upend Your Retirement

What Is a Roth 401(k)?

While many people are familiar with the benefits of a traditional 401(k) plans, others are not as acquainted with Roth 401(k). Since January 1, 2006, employers have been allowed to offer workers access to Roth 401(k) plans.¹ And some have rolled out offerings as part of their retirement programs. As the name implies, Roth 401(k) plans [...]

By |News and Commentary, Retirement|Comments Off on What Is a Roth 401(k)?

Should You Borrow from Your 401(k)?

The average credit card balance in June 2015 was $15,706, down from its peak of $18,600 in 2009.¹ With the average credit card annual percentage rate sitting at 14.9%, it represents an expensive way to fund spending.² Which leads many individuals to ask, “Does it make sense to borrow from my 401(k) to pay off [...]

By |News and Commentary, Retirement|Comments Off on Should You Borrow from Your 401(k)?

Roth 401(k) vs. Traditional 401(k)

For more information, learn the Waterfront Difference, or contact us now!

By |News and Commentary, Retirement|Comments Off on Roth 401(k) vs. Traditional 401(k)