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Retirement Planning

Article of the Week on ElderCareMatters.com: "What do most of us want more of?"

pbenedictPhilip C. Benedict, CFP
Benedict Financial Advisors, Inc.
Atlanta, Georgia  30328
770-671-8228

Member of the national ElderCare Matters Alliance

What would make most people happier? Better health? More friends? More time with children and grandchildren? 

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Retirement Planning Basics

Linda S. Melancon, Esq.Linda S. Melancon, Attorney at Law
Legacy Center of Louisiana, LLC
Prairieville, Lousiana  70769
225-744-0027
 

Member of the national ElderCare Matters Alliance, Louisiana chapter

While it may be the rare individual who can afford to retire during the "Great Recession," for those close to retirement age or contemplating retirement, a basic understanding of retirement planning terms and options is imperative. There are many different things that you need to understand regarding retirement planning, but some of the most important are: understanding what type of plan you have and when distributions can or must be taken; understanding spousal rights in employment plans; understanding social security retirement benefits; and understanding if and when any unused retirement benefits will pass to your heirs.

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