The steps you take today can prepare you for tomorrow. Take control of your retirement armed with insights, updates and strategies to help you have the retirement you’ve been working for.
Delaying Social Security Retirement Benefits Isn’t Always the Best Option
The standard advice to delay Social Security retirement income to age 70 doesn’t necessarily apply across the board. Financial decisions are rarely simple, since individual financial circumstances vary. Advice must be personalized; delaying may not be the best financial move for some people.
Bridging the Gap With Early Retiree Health Insurance
Are you considering early retirement? Since Medicare isn’t available until you are 65, you’ll need to find another way to cover medical, hospitalization, and prescription drug costs until you become Medicare-eligible. Finding the best coverage option that’s affordable is no small matter: Health insurance premiums and medical expenses can make up a considerable chunk of your post-retirement budget. And if you’re choosing to retire early, remember that a 55-year-old needs to plan for ten more years of healthcare spending than a 65-year-old.
An Introduction to Direct Indexing
Investors today seek more than just market-average returns. They’re looking for strategies that deliver after-tax outperformance, align with their financial goals, improve tax efficiency, and reflect their personal values. Direct indexing helps meet these needs by offering index-like exposure through custom equity portfolios, enhancing after-tax outcomes and allowing for greater personalization. In other words, direct indexing is delivering on investors’ search for more and better.
Should I Still Worry About Inflation’s Impact on My Retirement Plan?
From 2010 to 2020, investors experienced the best-case scenario of low inflation and strong investment returns from both stocks and bonds. Retirement portfolios held steady or even grew in value, enabling retirees to sustain a withdrawal rate that met their spending needs. For many, worrying about inflation seemed to be a thing of the past.
Planning With Purpose: Adapting Strategies to Shifting Rates
The effectiveness of many financial planning strategies depends on interest rates. Some work better when rates are low; others lose their edge when rates rise. If your goal is a large tax deduction or income stream, the prevailing interest rate can significantly affect results.
What You Need to Know About the SECURE 2.0 Act
Just when you thought you had an up-to-date retirement plan solidified, accounting for all the changes of the Setting Every Community Up for Retirement (SECURE) Act of 2019, Congress wrapped up 2022 with the SECURE 2.0 Act.
Using Tax-Free Life Insurance Strategies to Boost Retirement Income
Strategic use of cash value life insurance can provide similar tax-free benefits to a Roth IRA, without Roth IRA income limitations, all while delivering valuable policy benefits.
Making Your Social Security Decisions
When to start taking Social Security benefits is one of the most critical financial decisions most Americans will make as they approach retirement.
The Key Wealth Institute is comprised of financial professionals representing KeyBank National Association (KeyBank) and certain affiliates, such as Key Investment Services LLC (KIS) and KeyCorp Insurance Agency USA Inc. (KIA).
Any opinions, projections, or recommendations contained herein are subject to change without notice, are those of the individual author(s), and may not necessarily represent the views of KeyBank or any of its subsidiaries or affiliates.
This material presented is for informational purposes only and is not intended to be an offer, recommendation, or solicitation to purchase or sell any security or product or to employ a specific investment or tax planning strategy.
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