If you’re close to retirement and have a pension or 401(k), there’s one decision that matters more than almost any other — when and how you take your money . Here’s the part most people don’t realize until it’s too late: requesting your pension or 401(k) as a lump sum can be a mistake.  Once the money is released, taxes are triggered, deadlines begin, and your options can shrink fast. That’s why the most important step isn’t choosing a product. It’s talking to an expert befor

Planning for retirement and leaving a legacy is a big responsibility now that we are living longer. Deciding if you should keep working, save more or downsize are just a few common issues facing retirees. But, what about retirement planning itself? Here are a few drawbacks and how a financial professional can help you navigate them. 1. Not understanding the source of your advice. It is crucial to know where you are getting your financial advice and understand the motives b