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Can Farmers Ever Afford to Retire?

Money Talk

In addition to writing monthly Small Steps to Health and Wealth™ financial messages , I also present online webinars and class segments. My segment of their six-week class series was called Can Farmers Ever Afford to Retire? 401(k), 403(b), 457 plan, and thrift savings plan), and other employer benefits (e.g.,

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Retirement and Taxes: "To" and "Through" Planning

Money Talk

If you picture retirement planning and taxes as a Venn Diagram, there is lots of overlap between these two areas of personal finance. This is true both during one’s working years (when taxpayers are saving for retirement) and later, when people are older and withdrawing taxable income from tax-deferred accounts.

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More Miscellaneous Insights From Recent Webinars

Money Talk

As I mentioned in three previous posts , I love learning new things and often attend webinars and podcasts to gain knowledge and/or continuing education credits for my CFP® and AFC® as well as to connect virtually with others. Alternatives to generate cash include savings that is not in a retirement plan (if any), employer assistance (e.g.,

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Individual Retirement Accounts: What You Need to Know

Money Talk

I recently attended a Financial Planning Association (FPA) webinar about traditional and Roth IRAs presented by Ed Slott , a nationally recognized expert on IRAs and frequent presenter at conferences for financial advisors. Many have accumulated significant sums and need tax planning help. There is no way out.

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Howdens provides staff with valuable retirement-planning tools

Employee Benefits

Following a review of its pension scheme and a consultation in 2020, kitchen furniture manufacturer Howdens chose to close its defined benefit (DB) scheme in 2021. Nilam Gardiner, pensions specialist at Howdens, says: “We have people who come time and again and there’s always more to tell them.”

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Retirement Research Results and Recommendations

Money Talk

I recently attended several webinars and listened to several podcasts about issues related to retirement planning and personal finance issues in later life. Waiting to Retire Has Benefits - In addition to providing more time to save money (e.g., Some older workers had reasons to continue working longer than planned (e.g.,

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Benefits to support an older workforce

Employee Benefits

Employers can offer this tool to employees through benefits providers, while the Department for Work and Pensions has a dedicated website. Bringing pre-retirement support forward to midlife gives people space to think about their aspirations for the rest of their lives, explains Riddell.

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