During our 30+ years helping AT&T employees retire successfully, everyone has come to us feeling excited to start the planning process. But some have been surprised to find out our recommendations differ from what they heard elsewhere.
Remodeling the kitchen.
Building an addition for workspace.
Paying off debt.
There are a variety of good reasons to consider tapping your home for cash.
According to the Employee Benefit Research Institute’s latest Retirement Confidence Survey, two-thirds of workers are confident they have enough to live comfortably in retirement. The same number of workers surveyed are confident they are doing a good job saving for retirement and know how much they will need.
As a nation, we must start to move past the devastating fallout from the pandemic toward a return to a more “normal” life. Whatever that may look like. As in past generations, living through these surreal and historic events will forever change our collective psyche and perhaps bring a newfound appreciation for our freedoms and the simple things in life.
Losing a loved one is a difficult experience in many ways. It hurts emotionally, it hurts physically and, unfortunately, it often hurts financially.
In addition to spinning off WarnerMedia, AT&T recently announced that it was reducing its dividend. This negatively impacts the telecom giant’s shareholders, many of whom are AT&T employees.
Generally, one of the biggest retirement mistakes you can make is to leave an old 401(k) behind at a previous employer. Yet, people often make this mistake when switching jobs or retiring.
One of the many roles of an investment adviser is to monitor those who manage our clients’ money – mangers of mutual funds, ETFs and retirement plan investment options. This is an important component because changes can (and do) occur that will alter the original strategy, objective or focus of the investment. When this happens, it is essential to evaluate those changes to make sure the manager continues to fulfill their purpose in our portfolios or retirement plan lineups.
When saving for retirement, one of the first steps is determining where to put your money. Look up retirement plans and you’ll find a peculiar medley of letters and numbers, such as 401(k), IRA and Roth IRA, 457, SEP IRA and 403(b). What may sound like a list of secret societies or highway interstates is essentially government code for retirement accounts and plans available to American workers and savers.
As an AT&T employee, one of the most important financial decisions you’ll make comes near the end of your career: Should I choose an AT&T lump sum or monthly annuity pension?