NOVEMBER 2024
As retirement draws nearer, it is important to expand your focus beyond accumulating assets, and start planning how you will generate annual income from those assets. Our first article looks at three important planning considerations for an effective retirement income strategy. Let us know if you would like to discuss how we might help you with your planning.
When Americans roll over their 401(k) plans into IRAs, they’re often unknowingly making a costly mistake by leaving too much of their savings in cash. This “billion-dollar blind spot” stems from the perception that cash holdings in an IRA are a safe way to preserve wealth. Our second article argues such a strategy exposes savers to a “cash drag” that costs investors returns over time. Give us a call if you would like to discuss how this may impact you.
This month's "What's Happening Now" section shares stories on interesting travel essentials, why China is raising their shockingly low retirement age, and an incredible 59-day train journey passing through 12 countries.
We'd like to hear from you. Please feel free to contact us by phone at 614-888-2121, toll-free 877-389-2121 or email jchornyak@janney.com with any questions or comments.
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