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written by liz ernst

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Ghost written by Liz Ernst for Jeremy KeatingJeremy Keating,

Five Common Retirement Planning Mistakes You Don’t Want to Make

As the largest generation of retirees in U.S. history streams into retirement, they enter their golden years with uncertainties and challenges like no previous generation has faced. A staggering 76.4 million Americans born during the post-World War II “baby boom” have already started retiring and will continue to exit the workplace over the next 20 years.
Ladin Tax website: Ghost written by Liz Ernst for Ladin Tax & Financial GroupLadin Tax & Financial Group

What’s New With Social Security?

Before the Bipartisan Budget Act of 2015 passed, the Social Security Disability Insurance Trust Fund was projected to be depleted sometime this year. Congress shifted tax revenues from the Old Age and Survivors Insurance Trust Fund to keep disability benefits fully funded. However, Social Security still faces long-term shortfalls under currently scheduled funding and expenditures.
Ladin Tax website: Ghost written by Liz Ernst for retirement advisor Michael Ladin

Required Minimum Distributions for the Baby Boomer “401(k) Generation” Have Begun: Time to Prepare for a Volatile Ripple Effect?

A funny thing happened in July of this year—the first generation of Baby Boomers born in early 1946 turned 70½, the age at which mandatory required minimum distribution (RMD) withdrawals kick in. Right behind them are the younger Boomers, following at the rate of 10,000 people per day for the next 18 years. They too will be obligated by law to begin mandatory withdrawals from their retirement savings.
Lake Point Advisory Blog: Ghostwritten by Liz Ernst for Chris Massenburg

Achieving Retirement Goals in a Stagnant Economy has Aging and Retired Americans Short on Optimism

Boxing great Joe Louis, who won—and lost—a few fortunes in his lifetime once said “I don’t like money, but it quiets my nerves.” Many aging and retired Americans are feeling that same tug of war with finances. They’re unnerved, despite positive economic news and a high rate of optimism among younger investors.  In fact, retired investors’ optimism plummeted sharply in the second quarter due to concerns about the economy.
Lake Point Advisory Group: Written by liz ernst for Chris Massenburg, Lake Point Advisory Group

Achieving Retirement Goals in a Stagnant Economy has Aging and Retired Americans Short on Optimism

Boxing great Joe Louis, who won—and lost—a few fortunes in his lifetime once said “I don’t like money, but it quiets my nerves.” Many aging and retired Americans are feeling that same tug of war with finances. They’re unnerved, despite positive economic news and a high rate of optimism among younger investors.  In fact, retired investors’ optimism plummeted sharply in the second quarter due to concerns about the economy.
Ghostwritten by Liz Ernst for Retirement planner Michael Ladin

6 Ways Roth Roth 401(k)s are Different from Roth IRAs

By contributing your after-tax dollars to a Roth 401(k) or Roth IRA, your money grows without the burden of taxes each year, and when you retire you can minimize taxes on withdrawals by following a few strategies. However, there are some significant differences between the two accounts that can have important implications for your retirement finances. Here are some of the most important ways the rules differ between Roth 401(k)s and Roth IRAs.
Lake Point Advisry Blog: Ghost written by Liz Ernst for Lake Point Advisory Group

3 Steps to Helping Pre-Retirees and Retirees Achieve Financial Peace of Mind, Despite Election Year Volatility

Pre-retirees and retirees are already worried out about outliving their nest egg savings, and fears about election year market volatility aren’t helping matters. A number of  studies show that baby boomers worry about their savings lasting throughout their retirement, and their concerns are valid. At Lake Point Advisory Group, we work to address these fears with a practical approach to examining each client’s individual portfolio and finding ways to protect their savings.
Ghost written by Liz Ernst for Miami retirement advisor Michael Ladin

6 ways to make your retirement nest egg last longer

When you retire, your financial priority turns to making sure that your nest egg lasts the rest of your life. If you’ve been saving and contributing to a 401(k) or IRA over your lifetime, you still have to etch out a plan that establishes an income stream to hold you for the next 30 years. Stock market volatility is no friend of retirees, but it doesn’t have to be an enemy either; if your retirement portfolio is fairly conservative, properly diversified, and you’re not the type to panic and sell when a stock tanks, you can generate income from the markets.
Linkedin: Ghost written by Liz Ernst for retirement advisor Michael Ladin

The Home Stretch to Retirement—Spend the Final Years of Employment Playing “Catch-up” on Your Retirement Savings Fund

As millions of baby boomers join the fast track to retirement, earnings from their workplace and other income sources often begin to reach a peak. This usually happens at the same time certain expenses decrease—the kids’ college tuition costs are behind them, or they’ve paid off their home mortgage. Life becomes less financially demanding, in theory anyway. There’s still a retirement income stream not too far ahead to think about.
Carbutti & Co. website: Ghostwritten written by Liz Ernst for Jonathan Carbutti

Survey: Almost half of homebuyers don’t shop around for their mortgage

Almost half of potential homebuyers don’t shop around for a mortgage, according to the Consumer Financial Protection Bureau (CFPB), the Federal agency responsible for regulating the mortgage industry. A just-released CFPB survey of 5,000 people who secured a mortgage in 2013 found that 47 percent of consumers looked at just one lender before completing a mortgage application. A whopping 77 percent of mortgage consumers actually applied with only one lender, and rates on a 30-year fixed conventional (non-FHA) loan varied by more than 0.5 percent among lenders.