Updated RMD Regulations: A Comprehensive Guide to Recent Changes
Final RMD Regulations were released on July 19, 2024. The new rules start taking effect on January 1, 2025. 10-Year Rule has been clarified.
Retirement Clarity: Retire Your Worries To Achieve Financial Confidence
As we navigate the complex landscape of retirement planning, it’s crucial to approach this significant life transition with clarity and confidence.
Recent studies have shed light on many Americans’ concerns regarding their retirement prospects. Did you know that one in five Americans believe they’ll never be able to retire? Or that 62% of those not yet retired think Social Security won’t cover even half of their expenses?
Don’t Be Spooked: What Halloween Can Teach Us About Retirement Planning
Halloween and retirement planning may seem an unlikely pair. Yet, this spooky season offers creative lessons we can apply to preparing for retirement. Here are some connections we came up with at the office between retirement planning and Halloween.
Navigating Medicare Open Enrollment 2023: What You Need to Know
Medicare Open Enrollment, which runs from October 15th to December 7th each year, is a critical period for millions of Americans who rely on Medicare for their healthcare needs. During this seven-week window, beneficiaries can make changes to their Medicare coverage for the upcoming year.
Brace Yourself For A Modest COLA Bump In 2024
The 8.7% 2023 COLA was the largest increase since 1981; new economic data suggests the next adjustment in 2024 may be substantially less. Current projections peg the 2024 COLA at around 3% based on recent inflation trends.
Recent studies have shed light on many Americans’ concerns regarding their retirement prospects. Did you know that one in five Americans believe they’ll never be able to retire? Or that 62% of those not yet retired think Social Security won’t cover even half of their expenses?
Women and Retirement: Navigating Life Transitions with Clarity and Confidence
Women are achieving unprecedented levels of education and success. They control over 50% of America’s wealth and play a significant role in managing their family’s finances. However, when it comes to retirement planning, they often find themselves on the sidelines, a fact acknowledged by financial experts. This disengagement can profoundly impact their lives once they reach retirement age.
It’s Spring! 8 Tips to Deep Clean Your Finances
People usually deep clean their homes a couple of times a year. It’s a good thing to do with your finances, too. These eight tips will help you get started.
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.
[PRESS RELEASE] Gainesville, GA Financial Advisor Chosen 2020 National Social Security Advisor of the Year
Gainesville Financial Advisor Beau Henderson, CEO of RichLife Advisors, LLC in Gainesville, Ga., has been chosen 2020 National Social Security Advisor of the Year by the National Social Security Association for his Social Security education advocacy.
James (Beau) D. Henderson Jr. Earns Certified Financial Fiduciary® (CFF) Designation
James (Beau) D. Henderson Jr, Founder and CEO of Richlife Advisors, LLC, has earned the Certified Financial Fiduciary® (CFF) designation.
He joins a growing group of financial professionals who have earned the Certified Financial Fiduciary® designation and can immediately and clearly demonstrate how they practice a fundamental obligation to always put their clients’ best interest first.