Posts by Info OakHarvest

Death and Taxes

Benjamin Franklin said there were only two things certain in life: death and taxes. But did you know that ignoring the tax impact of retirement distributions may affect your standard of living? For tax-efficiency, it’s helpful to have several kinds of accounts — from fully taxable to tax-deferred (such as a 401(k) plan) to tax-free (like…

Read More

Retirement Stages

Retirement Stages   What’s so difficult about planning for retirement? You save; you retire; you spend. If only it were that straightforward. Today’s pre-retirees and retirees have so much more to consider. Longer lifespans mean longer exposure to the possibility of inflation eroding your purchasing power. And then there are these concerns: The global economy…

Read More

Retirement Concern #1

You know what a big undertaking it is to plan and save for retirement — and that’s why many Americans put it off. As a result, some people get stuck working more years than they planned or retiring with a lower standard of living. According to a 2015 Transamerica study, 43 percent of Americans 50 and…

Read More

Income Strategies for an 8,000-Day Retirement

Income Strategies for an 8,000-Day Retirement   By 2030, it’s estimated that 20 percent of the U.S. population will be over age 65.1 That means a fifth of all Americans will be on the fringe of retirement or already retired, a milestone that’s generally perceived to come late in life. But consider this, there are approximately…

Read More

10 Benefits of Independent Advice

You know that working with an independent financial advisor can help you develop a comprehensive retirement plan. But did you also know that an independent financial advisor can help you to: Develop a monthly budget Explore financial options you might not have considered Maintain an objective, long-term perspective of your finances Address your insurance and…

Read More

Retirement Plan Fees: Know What You Are Paying

Retirement Plan Fees: Know What You Are Paying Many large companies offer employees a 401(k) plan with some degree of matching contribution. Although this is a good employee benefit to have, you always should pay attention to the fees involved in your plan. Your plan provider charges various fees to invest, manage and administer the…

Read More

The Longevity Revolution

The Longevity Revolution How old do you have to be before you’re considered “old”? This number may change depending on the age of the person making the assessment. For example, a child or a teenager might think someone age 40 is old. That view is less likely to be held by a 39-year-old. History indicates…

Read More

The Changing Job Outlook: Challenges and Opportunities

The Changing Job Outlook: Challenges and Opportunities The workforce in the United States is changing. Some long-standing professions are becoming obsolete, there are fewer manufacturing jobs,1 and some companies are moving their headquarters overseas for tax reasons.2 Then there is the increasing phenomenon of automation and robotics replacing jobs. It’s interesting to note, however, that the job…

Read More

Potential Reasons to Put the Retirement Countdown on Hold

Potential Reasons to Put the Retirement Countdown on Hold Retirement is still something most people look forward to, but over the years, some of the reasons for anticipation have dwindled. During the industrial age, more people worked jobs requiring manual labor that were hard on the body. By mid-century, many rank-and-file workers could look forward…

Read More

Strategic vs. Tactical Asset Allocation

Strategic vs. Tactical Asset Allocation In recent years, the markets, the economy and the global political scene have evolved considerably. We’ve witnessed both remarkable volatility and remarkable resilience in these areas. The reality is that less predictability in today’s economic landscape requires more vigilant risk diversification, coupled with the ability to adapt to a fast-changing…

Read More