Worried about your aging parents’ and their financial affairs, but not sure how to bring it up?

Here’s how to start the conversation, without making it awkward!

Your 50s are a crucial planning decade, arguably the most important for shaping your retirement years. Let’s talk about what you need to do to be financially successful in your 50s.

Throughout my career, I’ve had the privilege of guiding hundreds of families through the planning and transition into retirement.

Before you claim your benefit as soon as you possibly can, consider the reasons why you might choose to wait.

We’ve all wondered: “How does my retirement savings compare to everyone else’s?”

It’s a natural question and one that becomes more pressing as you approach your 60s.

In retirement, people’s main concern typically is “Will I run out of money?”

To mitigate this, people often take no risk to assure themselves of a successful retirement, when in reality, it could lead to the opposite outcome.

Inheriting a retirement account—whether it’s an IRA, Roth IRA, or 401(k)—often comes with mixed emotions. It can be a generous gift, the result of decades of saving and planning by a loved one. But without a clear understanding of how one inherits these accounts, it can also turn into a tax headache.

If you nail these, you’re on your way to a successful, happy and fulfilling retirement!

Congrats! You did the hard part. You saved and deferred into your retirement accounts for several decades but where are you really? Will you actually be able to retire when you are envisioning?