kirby

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So far kirby has created 133 blog entries.

How Can I Recession-Proof My Retirement?

When people think about retirement, they often imagine years of relaxation and freedom. But for many retirees and pre-retirees, that vision comes with an underlying concern: what happens if the market takes a downturn? Recessions are an unavoidable part of the economic cycle, and [...]

The Role of a High-Yield Savings Account in Retirement

A high-yield savings account has long been a go-to tool for savers looking to earn a little extra interest on cash reserves while keeping funds accessible. But the role it plays can shift dramatically as you move from your working years into retirement. While [...]

2025-10-07T16:54:11+00:00September 22nd, 2025|Financial Planning, Investing|

What Is a Required Minimum Distribution (RMD)?

If you’ve spent decades building up your retirement savings in tax-deferred accounts, you may have heard the term Required Minimum Distribution (RMD). But what exactly does it mean for you, and why is it so important to plan for it? Let’s break it down. [...]

2025-10-07T16:54:03+00:00September 16th, 2025|Retirement Income Planning, Retirement Planning|

6 Tips for Building a Retirement Budget

Building a retirement budget is critical to working toward an independent and relaxing life after leaving the workforce. Creating this budget can positively impact one's lifestyle, provide confidence and control over one's money, and safeguard against potential financial pitfalls. Here are the foundational steps [...]

2025-05-20T20:05:55+00:00May 20th, 2025|Financial Planning, Retirement Planning|

What Retirees Should Know About Tariffs

As a new administration weighs its stance on tariffs, it’s worth considering how these policies may affect retirees and their financial plans. Tariffs, often described as taxes on imported goods, are actually taxes imposed on U.S. companies importing foreign products. These taxes can ripple [...]

2025-05-20T20:08:24+00:00May 13th, 2025|Economy, Government|

Is It Time to Refresh Your Annuity? Here’s Why You Might Consider It

Annuities have long been a cornerstone for those seeking a steady income stream in retirement. However, the financial landscape is ever-evolving, and what worked a few years ago might not be the best fit today. With rising interest rates, inflation concerns, and innovative annuity [...]

2025-05-20T20:08:34+00:00May 6th, 2025|Investing, Retirement Income Planning|

Is a Roth IRA Conversion in Your Future?

Retirees aiming to reduce their taxes in retirement can benefit from strategic conversions and transfers between traditional and Roth Individual Retirement Accounts (IRAs), especially when considering the timing and financial landscape. Identifying optimal windows for Roth conversions can lead to significant tax advantages and [...]

2025-05-20T20:08:43+00:00April 29th, 2025|Investing, Retirement Income Planning|

4 Retirement Planning Myths That Could Cost You

What if everything you thought you knew about financial planning was wrong? Many well-meaning people fall victim to common financial myths—some of which could cost them thousands of dollars or even their retirement security. Let’s break down some of the biggest myths and uncover [...]

2025-05-20T20:08:54+00:00April 22nd, 2025|Retirement Planning|

The Gift of Financial Health: Best Practices for Keeping Your Will Up to Date

Estate planning isn’t something you do once and forget about—it’s an ongoing process that helps ensure your financial affairs are in order and your loved ones are taken care of. One of the most important documents in an estate plan is a will, but [...]

2025-05-20T20:09:04+00:00April 15th, 2025|Estate & Legacy Planning|
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