by Munn Gray & Associates | Dec 29, 2021 | Articles of Interest, Financial Planning, Helpful Resources, Retirement
A 401k is a retirement account that you can open with your employer for savings. The goal of this type of account is to continue to save over time to help support your future retirement. You may not know what all goes into a 401(k) plan. That doesn’t mean you...
by Munn Gray & Associates | Dec 22, 2020 | Articles of Interest, Long Term Care
Investing in the decade leading up to your retirement requires a different strategy than that employed while in your 20s, 30s and 40s. There is no reason to panic if you are approaching retirement and don’t have a large nest egg. Alter your investing strategy as...
by Munn Gray & Associates | Dec 15, 2020 | Articles of Interest, Long Term Care
Every working adult should give serious consideration to starting an IRA (Individual Retirement Account). Most people have heard about IRAs yet do not understand the true value of this retirement savings tool. Perform your due diligence, research the merits of IRAs...
by Munn Gray & Associates | Dec 8, 2020 | Articles of Interest, Long Term Care
There is much debate as to whether it is prudent to file for Social Security payments as soon as possible or wait until the age of 70 to maximize the payout. Furthermore, most people don’t know where to start when the time comes to file for Social Security. Let’s take...
by Munn Gray & Associates | Dec 8, 2020 | Articles of Interest, Financial Planning, Long Term Care, Retirement
Retirement income typically comes from savings, an IRA, a 401(K) and Social Security benefits. However, enjoying truly rewarding golden years will prove much easier if you minimize your tax burden. Prudent tax strategies minimize the amount of money that is redirected...
by Munn Gray & Associates | Nov 2, 2020 | Articles of Interest, Long Term Care
For the first time in our history, people of every demographic and income status are living beyond the age of 60. While longevity is an outstanding achievement of the modern era, quality of life can sometimes be overlooked. According to the Genworth 2019 Cost of Care...