In 2010, companies have a whole new retirement plan option. What is a DB(k)? Basically, a DB(k) combines a pension plan with a matching 401(k) plan. As the name implies, it is a defined benefit retirement plan with some of the features of a 401(k). DB(k)s could become great recruiting tools. These hybrid retirement plans [...]

Many people underestimate lifestyle costs, medical expenses and inflation. What is enough? What is not enough? If you’re considering retiring in the near future, you’ve probably heard or read that you need about 70% of your end salary to live comfortably in retirement. This estimate is frequently repeated … but that doesn’t mean it is [...]

I recently had the pleasure of attending a clients retirement party after 31 years of civilian service to the military. I have been to retirement parties before, but they never required clearance at security check points and an escort to the ceremony location. We began working on her retirement plans five years ago and revisited [...]