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RichLife Advisors is dedicated to being your go-to resource for information needed to make informed decisions about all aspects of retirement. Founder and visionary, Beau Henderson, has dedicated his life to helping others plan for theirs through his many bestselling books, serving as a local and national media resource, hosting educational events, writing regular blogs, and hosting weekly radio and podcast shows.

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Three Ways Women Are Being Failed By The Financial Planning Industry Thumbnail

Three Ways Women Are Being Failed By The Financial Planning Industry

The financial planning industry doesn't get women. It's something women's advocates are trying to change. Women can no longer ignore their money. They cannot be secure, independent, and financially fearless unless they understand what's happening with their money. And, that means understanding the basics of budgeting and cash-flow management, as well as adequately preparing for their retirement. It means having regular conversations starting at an early age about money -- a subject that many (women included) still consider taboo.

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Confusion Surrounds The IRS 10-Year RMD Rule Thumbnail

Confusion Surrounds The IRS 10-Year RMD Rule

You may have heard there is a lot of confusion about how the IRS is interpreting the 10-year RMD rule for inherited IRAs. Under the SECURE Act, for deaths occurring after 2019, most non-spouse beneficiaries lost the ability to stretch tax deferral over multiple generations and multiple decades. Instead, inherited accounts must be emptied after 10 years...

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