News and Press

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.

Subscribe to Our Monthly Newsletter
to receive all the latest RichLife Retirement Resources

Case Study: Cheri’s Journey to Survivor Benefits

Income Planning Healthcare Planning

Confused about your Social Security Survivor Benefits? Here’s how RichLife Advisors can help.

[Marketwatch] COVID-19 Hit Retirees Hard - 6 Ways To Recover Financially

News & Press Income Planning

COVID-19 hit retirees especially hard. 2022 created a perfect storm -- rising interest rates, assets dropping with the market and increasing inflation. That generated a lot of negative emotions like anxiety and fear for many people -- especially retirees, many of whom were forced to retiree before they were ready, and those who depend on Social Security for the majority of their income. But there are ways to move out of this time. One of the most important things you can do right now is get a strategy in place for the next downturn. That way, the next time something happens with the market or in the world, you'll be in the best position possible to survive it. This MarketWatch article covers a few more things you can do to better prepare yourself for the next time things go sideways...

[Senior Planet from AARP] Tips for Charitable Giving

News & Press Income Planning Tax Planning

A Qualified Charitable Distribution could be helpful if you are taking RMDs to reduce your taxable income. With a QCD you are making a donation to the charities of your choice directly from your IRA. This strategy both deducts the amount donated to your charity from your taxable income and meets the requirements for your required minimum distribution RMD.

[US News and World Report] The Future of Social Security: Will Social Security's COLA Boost Mean Benefits Run Out Sooner?

News & Press Income Planning

The 8.7% Social Security cost-of-living increase scheduled to be paid beginning in 2023 will provide vital income to retirees struggling to keep up with inflation. And it could also put increased financial strain on the Social Security program. Here's a look at what could happen to Social Security in the future and some of my thoughts about what I expect Congress to do moving forward...