Steve Parrish

Contributor
Retirement
ABOUT

My 40-year background working with retirement planning issues has given me insight into both the opportunities and risks associated with retiring. I am Co-Director of the Retirement Income Center at The American College of Financial Services, helping consumers, business

...

My 40-year background working with retirement planning issues has given me insight into both the opportunities and risks associated with retiring. I am Co-Director of the Retirement Income Center at The American College of Financial Services, helping consumers, business owners and their advisors avoid a headache or two with retirement planning. I focus on law, estate planning, taxes and financial strategies that can help enable a successful retirement. I am so passionate about retirement planning, at 64 years old I obtained my Retirement Income Certified Professional (RICP®) designation, and I refuse to retire.

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2,988 views  |  
11 hours ago

If Last Year Was An Up Year Your Social Security Payment May Go Down

This month, many people who are getting their 2022 benefit letters from the SSA are finding that there will be less in their stockings than they thought. While the 5.9% Cost-of-Living benefit for Social Security retirement benefits is real, this payment can be quickly eaten up by Medicare.
945 views  |  
Nov 29, 2021

Phase Into Retirement With A Phased Retirement Plan

So-called “phased retirement” is a hot topic for retirement planners. The basic idea is to create a path towards retirement where you don’t just go from working 50 hours a week to not working at all.
438 views  |  
Oct 26, 2021

Getting Ahead Of Your Diminished Capacity Worries

No one wants to face the possibility of diminished capacity in retirement, and yet everyone should. As our retirement lives extend out and beyond thirty years, the risk of cognitive decline can be just as threatening to retirement security as loss of income.
734 views  |  
Oct 13, 2021

Tax-Smart Charitable Giving Before You Retire

While still in your peak earning years, is there a tax efficient way to give back? Charitable giving can both benefit others and help you set yourself up for retirement.
1,309 views  |  
Oct 4, 2021

How To Plan Your Retirement When Tax Law Is In Flux

In Congress, the revenue raising provisions (think “taxes”) to fund the infrastructure bill seem to be getting more attention than the infrastructure proposals themselves.
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