There are lots of financial or financial related decisions to make in retirement and as one gets older. Here are some of the items bullet pointed without discussion.
- Distribution of retirement funds: Lump sum, annuity, NUA, rollover
- Age to start Social Security: 62 min, 67 FRA, 79 max
- Medicare options: Supplement, Advantage
- Tax Planning: RMD, Roth Conversion, Gifts
- Estate Planning: Trusts, Wills, POAs
- Insurance-Long Term Care, Life, Car, Homeowner, Umbrella
- Investment Strategies: Growth, Income,
NUA-Net Unrealized Appreciation
FRA-Full Retirement Age
RMD-Required Minimum Distribution
POA-Power of Attorney
I always expected getting older would make thing easier. NOT!
This is not financial or aging advice. Please consult a professional advisor.
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