Tag: tax-deferred accounts

May 25, 2015
By Michael Rupured
Comments Off on Where There’s a Will…

Where There’s a Will…

Do you have a will? A lot of people avoid estate planning — as if not talking about death will somehow keep it from happening. Wrong! Moreover, the worst thing you can do to your heirs is die without an estate plan. In recent posts I’ve mentioned my plans to retire in the next five to seven years. I’ll get a small pension from a previous employer plus Social Security. The bulk of my retirement income, however, will come from the money I’ve saved (including the match from my employer). At this stage of the game, the balance in my retirement accounts is significant.   God willing, my life force and my account balance will zero out at the same time. If I die before the …