WORTH MAGAZINE ARTICLES
We are excited that Richard P. Slaughter Associates has partnered with Worth magazine to provide articles for the bi-monthly publication. Slaughter Associates has long focused on sharing our knowledge and educating our clients, potential clients and partners, so this opportunity was a natural fit for us.
When you envision retirement, you may find it easy to imagine a simplified lifestyle: You are working less, spending more time with family and traveling as you wish.
To achieve such goals, you definitely should plan now. However, it is just as important to recognize that this is not the only phase of your retirement.
Real estate is an attractive investment because it is fundamentally satisfying to own something you can touch, feel and see. This allure, however, often causes investors to overlook the basic investment analysis required to make a sound decision to buy or retain a real property.
What if you found out that some participants in your company’s 401(k) plan were not paying their fair share of plan expenses? Would that surprise you? Unfortunately, that scenario is all too common, and it is also one that could put your plan at risk.
All parents know how critical it is to establish guardianship for their children, should that ever be needed. Adults, however, often overlook the need to name a guardian for themselves and their estates should they ever become incapacitated.
Wealthy retirees may not be as reliant as others on Social Security to sustain their long-term cash flow needs, but the benefits still play a role in every retirement plan.