Retirement

Retirement Planning Retirement Planning Videos:

Closing a Retirement Income Gap

When you determine how much income you’ll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you grow closer to retirement, you may discover that your income won’t be enough to meet your needs. If you find yourself in this situation, you’ll need to adopt a plan to bridge this projected income gap. Delay retirement: 65 is just a number One way of dealing…
Continue reading Closing a Retirement Income Gap

Retirement Plans for Small Businesses

As a business owner, you should carefully consider the advantages of establishing an employer-sponsored retirement plan. Generally, you’re allowed a deduction for contributions you make to an employer-sponsored retirement plan. In return, however, you’re required to include certain employees in the plan, and to give a portion of the contributions you make to those participating employees. Nevertheless, a retirement plan can provide you with a tax-advantaged method to save funds for your own retirement, while providing your employees with a…
Continue reading Retirement Plans for Small Businesses

Evaluating an Early Retirement Offer

In today’s corporate environment, cost cutting, restructuring, and downsizing are the norm, and many employers are offering their employees early retirement packages. But how do you know if the seemingly attractive offer you’ve received is a good one? By evaluating it carefully to make sure that the offer fits your needs. What’s the severance package? Most early retirement offers include a severance package that is based on your annual salary and years of service at the company. For example, your…
Continue reading Evaluating an Early Retirement Offer

Social Security Webinar

Join us for a virtual Social Security Webinar! Webinar will be held via Zoom. Click here to register. Guests will: Learn about retirement benefits Learn about retirement income Get questions answered about social security Learn about how earnings may affect social security Learn more about the financial planning process and how Prosperwell can help Who should attend? Individuals retired or moving toward retirement Individuals looking to learn more about social security and the financial planning process