Retirement & Long-Term Planning
12 articles found
Traditional vs Roth Calculator
Compare Traditional and Roth IRAs with LMCU's calculator to see which retirement account fits your goals.
Medigap vs. Medicare Advantage: which path Is right for you?
You understand Original Medicare and know the enrollment timeline. Now comes the big decision: how will you fill the gaps in your Medicare coverage?
Medicare 101: understanding your coverage options
Now that you know when to enroll in Medicare, let's talk about what you're actually enrolling in. Medicare can seem like alphabet soup, but we're going to break it down in plain English.
Medicare 101: What to know before you enroll
Your Medicare timeline: When to enroll and why it matters. So you're turning 65 soon. You know you need Medicare, but when exactly should you enroll? And what happens if you miss the deadline?
Better Budgeting
LMCU Budget Tool: All Your Finances, All in One Place. When you're juggling checking and savings accounts, loan payments, retirement savings, and more, it can be easy to lose sight of your overall financial health. That's why LMCU offers its members FREE access to the budget tool, an easy-to-use tool where you can view your entire financial portfolio in one place.
Beyond retirement: What about your other goals?
Let’s say that at the age of 25, you earned $35,000. If your salary increased at the average historical rate, you’d have earned nearly $2 million in total by the time you were 65.1,2 That might sound like a lot -- until you begin thinking about all the financial goals you’ll need to juggle in a lifetime, including buying a home and paying for your child’s education, while funding your own retirement.
Medicare Open Enrollment
October 15 - December 7 Do you know your options? Have you had your plan reviewed? Let Lake Michigan Insurance Agency be your helpful guide and agent.
Keep your head in the game: avoiding mental errors when you invest
In the sports world, a mental error can cost your team the big game. When you are investing, a mental error can put your retirement portfolio at risk. Mistakes often result from letting misconceptions and emotions affect your decisions.
Have a 401(k) plan at a former employer?
Here are some options for getting the most out of multiple retirement accounts. You may have had multiple jobs over your career, and left behind retirement account balances of critical building blocks for your retirement. Here is a short guide to your options of what to do with a retirement account left with a former employer:
Investing for your later years? Think asset preservation but don’t forget growth
After years of investing for retirement and other goals, you may have accumulated a substantial portfolio. If you’re approaching or already enjoying retirement, there are important steps that you can take to help ensure that your investment plan -- and your nest egg -- is on track for your Golden Years.
Have a Plan for Your Business’ Retirement Plans
From mom-and-pop businesses to Fortune 500 companies, our Max Wealth Management team can help you find a retirement plan appropriate for your needs. We walk you through all of the options, and take care of everything from the paperwork to monitoring and communicating your plan’s performance.
Does Your Retirement Math Add Up?
Americans are living longer, healthier, and more active lives than ever. That means saving for a longer retirement is critical.
