The Helper locomotive is there to assist trains to get over steep grades. This blog serves the same purpose. It is here to help give ideas to get you over those steep financial grades that lie ahead of you. I hope you enjoy!
With over 700 different claiming strategies for Railroad Retirement, it is no wonder railroaders leave hard earned benefits on the table. Watch this video to learn some of the biggest mistakes made by railroaders when it comes to claiming Railroad Retirement.
Taxes are going up sooner or later. Watch this video to learn strategies to protect your Railroad Retirement nest-egg from higher taxes in the future.
Understand the impact on your railroad retirement dreams that inflation will have on it. Watch for some potential ideas to protect your investments from inflation.
What is the right amount of money you need to retire? Watch this video to understand how railroaders should answer this question. Understand the importance of your guaranteed railroad retirement income streams.
Railroaders without 30 years of service have a big decision to make when they turn 62. Understand some of the reasons to start Railroad Retirement "early" at 62.
Learn the importance of matching your spending with your guaranteed retirement income streams. Understand the percent of your retirement spending that should be matched by guaranteed retirement income.
Learn the tax implication your railroad's grant of Restricted Stock or RSUs. Understand what you can expect when the taxes are due. Learn why proper tax planning can help reduce your tax bill.
Learn the different account types available to railroaders who want to save and grow their money. Watch to understand the different types so you can accomplish your goals.
Unless your life never changes which is doubtful. Railroaders should be reviewing their Estate Plan annually. Watch the different scenarios when you should be updating your documents.
Watch this video as I walk through two different railroad retirees. Learn how much more a railroader who retires at 60 vs retiree at 62 can expect in railroad retirement