6 Reasons Estate Planning is Fluid in Railroad Retirement
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.
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!
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
The number one destroyer of financial wealth is divorce. Retired railroaders who have been married for over 10 years can expect to split their assets right down the middle. Learn how this leaves the railroader and the spouse with reduced income and increased expenses in railroad retirement. It is wise sometimes to invest in your relationships just as much as you investments.
Learn tax saving strategies when giving to charity in Railroad Retirement.
Using Health Savings Accounts for Railroad Retirement provides a great Triple Tax Free investment account.
How much do you need for Railroad Retirement? Learn three simple steps to understand your Railroad Retirement possibilities.
Thinking about collecting Social Security while working for the railroad. Learn the detrimental effects that strategy can have on your Railroad Retirement.
Learn about the affects on your Railroad Retirement by collecting a government pension. Understand the reduction implemented on your annuity that could hamper your Railroad Retirement
Learn about collecting a paycheck in railroad retirement. Understand your retirement income streams that will power you to successful railroad retirement.
Learn the six important estate planning documents railroaders should have to protect their families and their railroad retirement.