The Retirement Workshop Insights

You've heard of the SECURE Act - but do you know how it could be affecting your own retirement? We're discussing two big changes and what you need to know now.

For a limited time, Americans have the option to withdraw up to $100,000 from their 401(k) or IRA. Considering taking advantage of this change? We'll go over what you need to know before deciding.

The CARES Act will grant small businesses access to $350 billion in forgivable loans. Learn if your business is eligible and how you can receive financial assistance during this time.

While concerns related to COVID-19 continue to increase, the average mortgage rate has fallen to an all time low, prompting a wave of refinancing activity.

Battling a global pandemic means confronting factors outside of our control — but there are still certain ways you can protect and manage your money during COVID-19.

In 2019, the average monthly social security benefit for retired workers was $1,471. However, your initial monthly benefit could be much greater or much less than that amount, depending on your age and income.

New SECURE Act legislation has passed. How could it could make a major impact on your retirement?

Need a Financial Advisor? Lansdowne Wealth Management is a fee-only, fiduciary CERTIFIED FINANCIAL PLANNER™ professional firm based in Mystic, Connecticut that provides financial planning and investment management services, both on a fee-only basis.

Does your current Medicare plan cover what you need it to or are there more affordable plans available? Open Enrollment is the time to explore your options!

The buy-and-hold investment strategy for company sponsored retirement plans, such as a 401K plan, has become a relic of the past. Let me re-phrase that: Buy-and-forget investing is a relic of the past.

The Social Security Leveling Option is a pension plan payout option offered by pension plans to level out the income of someone who retires early. The leveling applies to the amount of pension payments and not to the amount of Social Security you will receive.

As you start reaching your career finish line, your employer’s offer of an early retirement package might seem too good to pass up. Before accepting, it’s important weigh the pros and cons that will impact your short- and long-term financial situation.

It might be difficult to think about what could happen to your financial assets after you pass away. However, it is essential to plan for even the unexpected by creating a will. This will help ensure that your beneficiaries are taken care of in accordance with your wishes.

Putting together a comprehensive estate plan is a complex task. There are many factors to think about, including your assets, liabilities, personal financial goals, and family structure. Take time to sort through each of these items with your financial advisor so that you maintain control of the plan.

Before you can begin to claim any Social Security benefits be sure you're checking these 6 things off your list to start your retirement off on the right foot.

2018 may be the best year to consider working with a professional tax preparer as man Americans will be affected in some way by the new tax bill legislation. There are many immediate and indirect effects to be aware of for the middle-class, corporations and small businesses.

A successful retirement takes smarts. Do your research, take advantage of all your benefits due, and check out your options before diving in.

The 401K Max Contribution Limit for 2019 has now been set, with an increase of $500 over 2018 $19,000. The Maximum 401K contribution Limit for 2018 was $18,500.

The Social Security Administration has announced its Cost of Living Increase for 2019, and it's very good news.

In 2017 we saw the first huge success of Bitcoin and cryptocurrencies, with their total market capitalization hitting an all-time high of $600 billion in the month of December. Before capitalizing on crypto yourself, it’s important to understand what this cryptocurrency space is all about.