Some states are better for veterans in retirement than others. You are a member of the United States Armed Forces. In the military, you have served others for your entire career. You have been deployed, and you have been relocated with your family.s Now, you are planning for retirement and trying to decide on where […]
One can catch up on retirement savings through intentionality with finances. You have been working for decades. In fact, you are now closer to retirement than the day you began your career. Unfortunately, you did not start saving enough or early enough for retirement. This leaves you with quite a bit of ground to cover […]
A Roth IRA can help you achieve greater financial security in retirement. After you enter retirement, your daily living expenses do not suddenly disappear. You still have bills to pay and groceries to purchase. Many people also have mortgages and other debts to pay off. When you add up these figures and the typical increase […]
Social Security will look slightly different in 2021. When you think of retirement, you likely also think of Social Security. Social Security benefits provide monthly income in retirement for those who qualify to receive based on their work history. Although you should personally save and invest part of your income for retirement in a Roth […]
Early retirement can threaten your financial security. You are retiring early. Perhaps this is voluntary. You are tired of the daily grind and want to travel and spend time with your loved ones. Maybe you have been offered early retirement from your employer as a result of the economic downturn. Many businesses are struggling to […]
It is easy to make Social Security mistakes. Planning financially for retirement can feel overwhelming. You have been saving for years, but you know every little bit helps. Although Social Security will be insufficient to cover all of your expenses, it can supplement your savings. According to a recent Fox News article titled “These mistakes […]
Owning a small business requires specific estate planning. You are like many Americans. You own a small business. Over the years you have served your community by providing quality goods and services. According to a recent Legal Scoops article titled “3 Ways Estate Planning is Used in Small Business,” your small business will likely die with you […]
Reverse mortgages are not the only option for getting available cash out of your home equity. Your are at least 62 years old. This means you are eligible to apply for a reverse mortgage. Reverse mortgages allow you to borrow against your home equity to receive a line of credit, monthly payments, or a combination […]
There are certain reasons to come out of retirement. You are recently retired. Adjustments are challenging. You are enjoying the change of pace, but you still have concerns about time, money, and meaning. You wonder whether you will need to come out of retirement in the future. According to a recent MoneyTalksNews article titled “8 Signs […]
You may be entitled to Social Security benefits from your ex-spouse. You are divorced. Throughout your marriage, you put your career on hold. Your spouse worked in a traditional job. You took care of managing the household. You were not able to have Social Security withheld from your paycheck. According to a recent nj.com article titled “I’m […]
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Overland Park Estate Planning Attorney Kyle Krull assists clients in Kansas and Missouri with Estate Planning, Wills, Trusts, Revocable Living Trusts, Charitable Planning, Asset Protection and Business Succession Planning in the greater Kansas City area including Overland Park, Leawood, Olathe, Lenexa, Johnson County Kansas and Jackson County Missouri.
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