It probably comes as no surprise but different generations have different perspectives about retirement planning. What about you? How does your age impact your plan decisions? HOW ARE THE AGE GENERATIONS DEFINED? Millennials (Gen Y): Born 1980 to 1994 Gen X (Baby...
retirement
WBIR: Best Cities for Retirement
On Sunday, August 27th, Paul Fain, CFP®, president of Asset Planning Corporation, visited WBIR-TV in the 7 a.m. broadcast to discuss the best cities for retirement. It may seem that all retirees go to Florida, but not necessarily. Financial website WalletHub recently...
The When, Where, & How of Required Minimum Distributions (RMDs)
Almost every single client we meet with over the age of 65 asks “what about the required minimum distributions from my IRA?” and with good reason! Even if the specifics are not understood, what most do know is that this is very important to get right. The first...
America Saves Week is Here!
America Saves Week is a national effort to set a savings goal, make a savings plan, and save automatically. It all starts when you make a commitment to yourself to save. Are you saving for the right things? Just like your car needs a tune-up, and just like you need...
WBIR: Saving for Retirement
If you are thinking about saving for retirement, you probably know that an Individual Retirement Account (IRA) is one of your options. But what exactly is an IRA, and is it right for you? Certified Financial Planner Paul Fain recently answered retirement account...
A Letter to Yourself… How to really focus on making your future better
An interesting financial planning idea that is making the rounds these days is also one of the simplest: a letter to yourself. More specifically, a letter from your future self to you, today. Come again? Imagine yourself in five years, assuming everything has gone...