Blog

Category: Retirement Tips

Heading into the Homestretch

Posted By Lineweaver Financial Group
August 24, 2015 Category: Retirement, Retirement Planning, Retirement Tips

If retirement is just around the corner, here are some tips you might want to consider in preparation for the big day. Protect your 401k. If your plans are to retire in the next 12 months or so, you might want to consider getting ultra conservative in your 401k. If you plan on taking your 401k and rolling it over to an IRA, protect your current balance from potential market declines by moving into a common 401k option, a stable value fund. You could give up some upside potential, but you may sleep better at night knowing you have limited downside risk. Even if retirement is more than 12 months away, get the 401k ready for the future. Now is probably not the time to be taking on additional risk; the opposite could be your best option. But be careful using bonds; many 401(k) investors invest in bonds to reduce risk and lock in more stable returns. But if interest rates continue to rise, bond fund returns could suffer. Don’t jump from the frying pan into the fire! Pick pension option. If you’re among the one in five private sector workers who still have a pension, you may be offered the option of taking a lump sum rather than a stream of checks for life. Do your homework before you make any decision; this decision will be carved in stone.  If you’re a disciplined investor, you theoretically could do better by taking the lump sum and investing it. The lump sum might also be a smart call if your annual pension reports show the fund is seriously underfinan

Categories
General (34)
Newsletter (30)
Economic Commentary (18)
Retirement (15)
Retirement Planning (14)
Letter From The President (14)
Financial Planning (11)
Tax (11)
Lineweaver (10)
Healthwatch (10)
Taxes (8)
Market Commentary (8)
Q3 (7)
Tax Planning (7)
Education Programs (6)
Economy (6)
Market (6)
Finance (5)
Educational (5)
Estate Planning (4)
Social Security (4)
IRA (4)
LFG (4)
Health (4)
Bonds (4)
(3)
Market Review (3)
Insurance (3)
Tax Law (3)
Trump (3)
2017 (3)
Portfolio (3)
Interest Rates (3)
Diversification (3)
Real Estate (2)
Annuities (2)
2019 (2)
Tax Cuts And Jobs Act (2)
Rising Interest Rates (2)
Annuity (2)
Financial (2)
Coordination (2)
Volatile Market (2)
Election (2)
Stocks (2)
Commentary (2)
Social Security Benefits (2)
Charity (2)
Strategies (2)
Investing (2)
HealthWatch (2)
Brexit Update (2)
Q2 Newsletter (2)
2016 (2)
Tax Scams (2)
Financial Strategies (2)
Investments (2)
High Income (2)
Economic Outlook (2)
Market Update (2)
Client Spotlight (2)
Fraud (2)
Q2 2019 (1)
Keeping Your Mind Sharp (1)
Sring Cleaning Your Finances (1)
Congress (1)
Bloodline Trust (1)
Legal (1)
Traditional Ira (1)
Wills (1)
Trusts (1)
Roth Conversion (1)
Chad Roope (1)
Roth Ira (1)
2018 (1)
Cooking (1)
David Baker (1)
Market Outlook (1)
Financial Quarterback (1)
Quarterly Newsletter (1)
Eye Strain (1)
James Lineweaver (1)
Exercising (1)
Vacation Home (1)
Screens (1)
Vacation From Investments (1)
Anne Graffice (1)
Financial Goals (1)
Jim Lineweaver (1)
New Years Resolutions (1)
Healthy (1)
Tips (1)
Q1 (1)
Marital Trust (1)
Pro Football Hall Of Fame (1)
Statements (1)
Charitable (1)
Sell In May And Go Away (1)
Your Retirement Playbook (1)
Stimulus (1)
Nutrition (1)
Steps (1)
Probiotics (1)
2020 (1)
2020Q3 (1)
Medicare (1)
Medicare Supplements (1)
2020Q4 (1)
CARES (1)
Markets Don\'t Pick Sides (1)
Sleep (1)
Healthy Living (1)
2021 Outlook (1)
Eductional (1)
News (1)
Awards (1)
Crain\'s (1)
CARES Act (1)
Black Swan (1)
Stock (1)
Checking (1)
Buy (1)
Sell (1)
Dementia (1)
Review (1)
Credit Unions (1)
Pse (1)
Big Banks (1)
Savings (1)
Banking (1)
Tax Strategies (1)
Longterm Care (1)
Healthcare (1)
Elder Law (1)
POA (1)
Power Of Attorney (1)
In Laws (1)
Donations (1)
End Of Year Taxes (1)
Inheritance (1)
Top Financial Strategies Of The Wealthy (1)
Q3 Newsletter (1)
Policy (1)
Legacy (1)
Retiring (1)
Self Employed (1)
Business Owners (1)
Annuity Alternatives (1)
Life Insurance (1)
Dividend (1)
Bonds Ladder (1)
Roth (1)
Retire (1)
Donor Advised Fund (1)
Private Foundation Charitable Lead Trust (1)
Charitable Remainder Trust (1)
Growing Your Wealth (1)
REITs (1)
Risk Management (1)
Protection (1)
North Korea (1)
Retire Early (1)
Q1 2017 Newsletter (1)
Lineweaver Wealth Advisors (1)
Gifting (1)
Retirement Tips (1)
Financial Advice (1)
Financial Advisor (1)
Social Security Planning (1)
Charitable Contributions (1)
Women And Money (1)
Service Day (1)
Harvest For Hunger (1)
Candidates (1)
Winter 2017 (1)
Politics (1)
Fall 2016 (1)
Financial Health (1)
Holiday Planning (1)
Stockpile (1)
Holiday Gifts (1)
1st Quarter (1)
2016 Market (1)
Conflict (1)
Mutual Funds (1)
Summer (1)
Bruce Motko (1)
Tariffs (1)
NAFTA (1)
Trading (1)
New Tax Law (1)
529 Plans (1)
Charitable Giving (1)
Q2 (1)
New Website (1)
Travel Tips (1)
RMD (1)
Travel (1)
Markets (1)
Drink Water (1)
Market Volatility (1)
Cryptocurrency (1)
Investment (1)
Bitcoin (1)
Advice (1)
Distribution (1)
Reallocation (1)
Expense (1)
Introducing (1)
Costs (1)
401(k) (1)
Equifax (1)
Mark Sipos (1)
2017 Q4 (1)
Identity Theft (1)
Third Quarter (1)
Tax Cuts And Job Act (1)
Kids (1)
Market Pullback (1)
Grand Kids (1)
Tax Cuts (1)
Jobs (1)
Lose Weight (1)
Eat More (1)
Market Review 2017 (1)
Letter From The President New Years Resolutions (1)
Transfer Real Estate (1)
Defer Tax (1)
Investment. Advisers (1)
+ Show More

Terms and Conditions | Privacy Policy | Disclosures

Lineweaver Financial Group ©
Powered by Virteom Logo Virteom