Before You Can Retire, You Must Do This

PLUS: Got a Big IRA? A CRT May Be for You

VIEW IN BROWSER

BUILDING WEALTH 5 Things You Need to Decide Before You Can Retire If you want to finally call it quits and retire, you have to make sure all your bases are covered. Barbara Shapiro of HMS Financial Group highlights five things that you have to think through. Plus: Social Security Basics: 12 Things You Must Know About Claiming and Maximizing Your Social Security Benefits READ MORE Worried about Passing Down a Big IRA? Consider a CRT Charitable remainder trusts give you more options and more control on how your heirs inherit now that the “stretch” IRA is a thing of the past, writes James J. Ferraro of Argent Trust Company. Plus: Shrink Your RMDs in 2021 and Beyond READ MORE SPONSORED CONTENT FROM NORTHERN TRUST 2021 Wealth Planning Outlook: Renewed Purpose The coming year holds unique promise and, as in other pivotal times in history, we are likely to emerge more united, wiser and with renewed purpose. Explore five areas for change and opportunity in your wealth plan from Northern Trust. READ MORE Estate Planning Checklist: 5 Tasks to Do Now, While You’re Still Well Being prepared is going to feel great – you’ll see! As you work your way down the list, make sure you communicate your decisions with your loved ones, advises Joelle Spear of Canby Financial Advisors. Plus: Should I Start Gifting Money (or Even My House) to My Kids? READ MORE Is the Traditional 60/40 Portfolio Truly Dead? Or Just Hibernating? Why it makes sense to look for alternatives to bonds, according to Brian Spinelli of Halbert Hargrove. Plus: 8 Investing Lessons Learned from an Insane 2020 READ MORE 4 Ways Broke Grad Students Can Raise Their Income While Still in School Graduate students can lighten their financial load by targeting specific opportunities as they complete their studies. Matt J. Goren of The American College of Financial Services lists four places to start looking. Plus: 9 Key Practices to Make College Pay Off READ MORE SPONSORED CONTENT FROM VANGUARD PERSONAL ADVISOR Plan Your Retirement Income with Vanguard Vanguard Personal Advisor Services® is built to provide you an ongoing collaboration with our professional advisors — no matter where you are. Our advisors are salaried and don't earn commissions, so they'll always put your best interests first. Take the first step with Vanguard today. READ MORE   ALSO ON KIPLINGER   Personal Finance Tips from the Year of the Ox   Condo Owners’ Legal Rights When the Bug Guy Damages Your Property   Sign Up Free for Kiplinger's Retirement E-Newsletter to Plan for and Make the Most of a Richly Rewarding Retirement     Send this to a friend. Click here. All content ©2021 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 1000 Washington, D.C. 20005 Thank you for subscribing to Building Wealth, a free weekly e-newsletter where financial pros across the country share best practices and fresh tactics to preserve and grow your wealth. If you ever wish to stop receiving this service, please click here to unsubscribe.