Among the best stories from Retirement Daily for Jan. 21 -25: How to really cut your tax burden in retirement and Social Security survivor benefits.
Adviser Keith Whitcomb asks if you know whether you are facing a big tax bill in retirement. In this detailed look at tax-advantaged investing, he outlines accumulation strategies to minimize taxes in retirement. Read Are You on Track for a Big Tax Bill in Retirement?
And in case you missed them, here are some of this week's best stories from Retirement Daily.
Question: My mother started collecting her Social Security retirement benefit early, at age 62 instead of waiting until age 65. She was, at that time, married to my father who was age 68. My father passed away just recently at age 83, and when my mother contacted the Social Security office to switch from receiving her benefit to receiving my father's benefit, she was denied. The reason given was that since she started receiving benefits at age 62, she was not eligible. Is this correct?
Answer: This doesn't sound right, says Kurt Czarnowski, a principal with Czarnowski Consulting.
The following are new investments that those saving for or living in retirement might consider for their portfolios. This week: two new actively managed ETFs.
It's not just about retiring from work. It's also about planning -- financially and mentally -- for the retirement you've worked for and deserve.
Editor's note: Successful financial advisers from around the nation tell us how they get their clients to think about retiring, financially fit, to a life of independence and purpose. Here's Part 2 of 2.