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Retirement Center

Welcome to the Steward Advisors Retirement Center

Thinking about retirement can be a stressful time. How will you know when you'll have enough money to retire? What are the best practices when it comes to Social Security? What can you do now to help ensure you can enjoy your retirement? We've compiled resources and information to help you navigate through the many questions you likely have. On this page you will find video/webinars, white papers, articles and more.

How financially prepared are you for retirement? Take this 3-minute survey to find out....


Maximizing Retirement Income: Making Social Security Work for You

 

 

Download From Our White Papers Page: 11 Key Questions for Planning a Secure Retirement

We've compiled 50 questions in 11 Key areas to start thinking about. From considering tax strategies, charitable giving options, questions about health, goals, and thinking about your unique "dreams" it's never too early to start thinking about retirement.


 

Is America Prepared to Retire?

Are Americans saving enough? Only 19% of U.S. adults describe themselves as “very confident” when asked about their savings. Worry spots include retiring without enough money saved (16%) and anxiety about having a “rainy day” emergency fund (14%). These findings come from the 2018 Consumer Financial Literacy Survey conducted by the National Foundation for Credit Counseling. (The survey collected data from 2,017 U.S. adults.)1

Important IRA Deadlines Are Approaching

Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines.

*April 1 is the absolute deadline to take your first Required Mandatory Distribution (RMD) from your traditional IRA(s).

*April 15 is the deadline for making 2018 contributions to a traditional or Roth IRA.1

Let’s discuss the contribution deadline first, and then the deadline for that first RMD (which affects only those IRA owners who turned 70½ last year).

Succession Planning: Preparing for a Smooth Transition

A successful finale. If you are an entrepreneur, what is the final act for you and your business? If you have been successful, you likely want the company you created to be able to continue once you are no longer at the helm. For that reason, many people in your position create a succession plan to implement when the time comes.

Can You Psych Yourself Up to Save More Money for Retirement?

You have probably spent decades saving for retirement, and you might have a decade or more of saving to go before you actually retire. At times, your resolve may be tested. The stock market may falter; household money pressures may mount; new near-term priorities may arise. So, what can you do to stay on point and stick with this financial commitment you have made to your future self?

When You Retire Without Enough

How much have you saved for retirement? Are you on pace to amass a retirement fund of $1 million by age 65? More than a few retirement counselors urge pre-retirees to strive for that goal. If you have $1 million in invested assets when you retire, you can withdraw 4% a year from your retirement funds and receive $40,000 in annual income to go along with Social Security benefits (in ballpark terms, about $30,000 per year for someone retiring from a long career). If your investment portfolio is properly diversified, you may be able to do this for 25-30 years without delving into assets elsewhere.1

Why Taking a Loan from Your Retirement Plan is a Bad Idea

Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that because these loans are not only risky, but injurious, to your retirement planning.

Retirees...Check Your Withholdings

It may need to be adjusted due to the 2017 federal tax reforms.

Dream About Retiring Abroad? It Doesn't Need To Be Just a Dream.

If you’ve always dreamed of living abroad, now may be the best time. Today, there are around 400,000 American retirees residing outside the United States, with that number expected to grow over the next few years. Cost of living is often cited as one of the main reasons for the move.

Can Taking on Your Kids College Debt Harm Your Retirement?

Should You Help Take On Your Kids College Debt? 

An unsettling trend is emerging among pre-retirees and retirees. Parents are picking up a greater share of college education costs, and in doing so, they may risk damaging their retirement prospects.

Stop Procrastinating About Financial Planning

Some things to think about as you get started with your strategy.

First, look at your expenses and your debt. Review your core living expenses (such as a mortgage payment, car payment, etc.). Can any core expenses be reduced? Investing aside, you position yourself to gain ground financially when income rises, debt shrinks, and expenses decrease or stabilize.  

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