Blog

Category: Steps

5 Steps to Transitioning into a Successful Retirement

By Lineweaver Financial Group
July 14, 2020 Category: Retirement, General, Steps

Are you looking to start the transition into retirement? If so, we have prepared 5 critical steps to take into consideration when transitioning into this new chapter of your life. When preparing for retirement there are plenty of important decisions running through your mind. We have compiled these steps in order to help guide you along the way. Step 1: Plan for Increasing Healthcare Cost When it comes to healthcare, you have to be prepared for what could happen in the future. Fidelity does a study every year into the average cost of healthcare for a couple who is aged 65 and retiring. In 2019 it was estimated they will need $285,000 for healthcare and healthcare-related costs. This cost, unfortunately, will only increase significantly each year. Step 2: Consider Long-Term Care According to the U.S. Department of Health and Human Services, 70% of people aged 65 or older are likely to need long term care at some point. With such a high percentage of people in need of long-term care,

Categories
Newsletter (30)
General (26)
Economic Commentary (16)
Retirement (15)
Retirement Planning (14)
Letter From The President (14)
Financial Planning (11)
Tax (11)
Healthwatch (10)
Lineweaver (10)
Market Commentary (8)
Taxes (7)
Q3 (7)
Tax Planning (6)
Education Programs (6)
Market (6)
Estate Planning (4)
Social Security (4)
IRA (4)
LFG (4)
Bonds (4)
Portfolio (3)
(3)
Market Review (3)
Finance (3)
2017 (3)
Trump (3)
Insurance (3)
Tax Law (3)
Diversification (3)
Health (2)
Client Spotlight (2)
Coordination (2)
Financial (2)
Stocks (2)
Charity (2)
2019 (2)
Market Update (2)
Investing (2)
Tax Cuts And Jobs Act (2)
Annuity (2)
Annuities (2)
Rising Interest Rates (2)
Tax Scams (2)
HealthWatch (2)
Investments (2)
Brexit Update (2)
2016 (2)
Election (2)
Interest Rates (2)
Volatile Market (2)
Strategies (2)
Social Security Benefits (2)
High Income (2)
Q2 Newsletter (2)
Financial Strategies (2)
Anne Graffice (1)
Pro Football Hall Of Fame (1)
Q3 Newsletter (1)
Q1 (1)
Tips (1)
Bitcoin (1)
David Baker (1)
Sring Cleaning Your Finances (1)
Cooking (1)
Advice (1)
Healthy (1)
Keeping Your Mind Sharp (1)
Summer (1)
Q2 2019 (1)
New Years Resolutions (1)
Vacation From Investments (1)
Eye Strain (1)
Financial Quarterback (1)
Quarterly Newsletter (1)
James Lineweaver (1)
Exercising (1)
Screens (1)
Vacation Home (1)
Market Outlook (1)
In Laws (1)
Marital Trust (1)
Bloodline Trust (1)
Trusts (1)
Financial Goals (1)
Jim Lineweaver (1)
2018 (1)
Inheritance (1)
Statements (1)
Big Banks (1)
Legal (1)
Nutrition (1)
Charitable (1)
Donations (1)
End Of Year Taxes (1)
Tax Strategies (1)
Black Swan (1)
CARES (1)
CARES Act (1)
Stimulus (1)
Steps (1)
POA (1)
Probiotics (1)
Economic Outlook (1)
2020 (1)
2020Q3 (1)
Medicare (1)
Medicare Supplements (1)
Your Retirement Playbook (1)
2020Q4 (1)
Power Of Attorney (1)
Elder Law (1)
Wills (1)
Sell (1)
Chad Roope (1)
Roth Ira (1)
Roth Conversion (1)
Traditional Ira (1)
Congress (1)
Sell In May And Go Away (1)
Stock (1)
Buy (1)
Dementia (1)
Healthcare (1)
Review (1)
Credit Unions (1)
Pse (1)
Cryptocurrency (1)
Savings (1)
Checking (1)
Banking (1)
Longterm Care (1)
Investment (1)
Eat More (1)
Market Volatility (1)
Dividend (1)
Retire Early (1)
Legacy (1)
Retiring (1)
Self Employed (1)
Business Owners (1)
Annuity Alternatives (1)
Life Insurance (1)
Bonds Ladder (1)
Q1 2017 Newsletter (1)
Policy (1)
Roth (1)
Donor Advised Fund (1)
Private Foundation Charitable Lead Trust (1)
Charitable Remainder Trust (1)
Growing Your Wealth (1)
Real Estate (1)
REITs (1)
Retire (1)
Winter 2017 (1)
Protection (1)
Harvest For Hunger (1)
Retirement Tips (1)
Financial Advice (1)
Financial Advisor (1)
Social Security Planning (1)
Charitable Contributions (1)
Women And Money (1)
Service Day (1)
Gifting (1)
2016 Market (1)
Candidates (1)
Politics (1)
Fall 2016 (1)
Financial Health (1)
Holiday Planning (1)
Stockpile (1)
Holiday Gifts (1)
1st Quarter (1)
Risk Management (1)
North Korea (1)
Drink Water (1)
Trading (1)
Top Financial Strategies Of The Wealthy (1)
Market Pullback (1)
Reallocation (1)
RMD (1)
Distribution (1)
Tariffs (1)
NAFTA (1)
New Tax Law (1)
Transfer Real Estate (1)
529 Plans (1)
Charitable Giving (1)
Q2 (1)
New Website (1)
Bruce Motko (1)
Travel Tips (1)
Travel (1)
Markets (1)
Defer Tax (1)
Letter From The President New Years Resolutions (1)
Conflict (1)
Fraud (1)
Lineweaver Wealth Advisors (1)
Mutual Funds (1)
Expense (1)
Costs (1)
401(k) (1)
Equifax (1)
Mark Sipos (1)
2017 Q4 (1)
Identity Theft (1)
Market Review 2017 (1)
Third Quarter (1)
Tax Cuts And Job Act (1)
Introducing (1)
Kids (1)
Grand Kids (1)
Tax Cuts (1)
Jobs (1)
Lose Weight (1)
Markets Don\'t Pick Sides (1)
+ Show More

Terms and Conditions | Privacy Policy | Disclosures

Lineweaver Financial Group ©
Powered by Virteom Logo Virteom