Forbes

Being mindful in the present can be challenging for many of us, especially in the realm of retirement planning.

When it comes to long-term investing, my good friend and author of this article, Joel Johnson, says it best: “… Slow and steady will win the race.”

You put together life plans, business plans and health plans to reach your goals, and the same mindset should apply to your retirement. Without a map (or GPS), how do you ever expect to get to your desired destination?

Benjamin Franklin was once quoted saying, “…In this world, nothing can be said to be certain, except death and taxes”, and the same belief can certainly be applied to the world of financial planning.

Your legacy plan has the capability to go far beyond tangible materials and wealth assets.

The analytical aspect of making investment decisions is often overthrown by our emotions. It’s simply human nature, and it shows up most commonly in the form of bias.

What’s next for Social Security? Here, you’ll find a sum-up of how your benefits could be impacted in the coming year.

One of the most widely-known financial rules-of-thumb is to defer taxes, but what continues to become more evident is that doing so could likely cost you more in the future.

Do you have a Health Savings Account (HSA)? If so, it’s time to ensure you’re truly maximizing its benefits for retirement.

Much like many other areas in the health care world, the cost of long-term care (LTC) is rising. According to a recent study by the U.S. Department of Health and Human Services, more than one in four retirees will need LTC at some point in their life, costing more than $100,000.

If you’re considering converting your traditional retirement account to a Roth IRA, there are tax considerations within the “Five-Year Rule” to be aware of.

We continually hear of tax proposals on the horizon, but the thing about proposals is that they often change, especially in Washington.