March 25th, 2020

Does Leaving Maryland Purely for Tax Reasons Really Make Sense?

Many of our Montgomery County clients dream of moving to a lower-cost area of the country when they retire in order to stretch their retirement savings out further. In particular, they envision saving thousands of dollars every year in taxes by moving to a state with no state income tax like Florida, Texas or Nevada. … Continue reading “Does Leaving Maryland Purely for Tax Reasons Really Make Sense?”

March 16th, 2020

When a Windfall Comes Your Way

What do you do with big money? Sudden wealth can help you address retirement saving or college funding anxieties, and it may also allow you to live and work on your terms. On the other hand, you’ll pay more taxes, attract more attention, and maybe even contend with jealousy or envy. You may also deal … Continue reading “When a Windfall Comes Your Way”

March 4th, 2020

A Roth IRA’s Many Benefits

Why do so many people choose them over traditional IRAs? The IRA that changed the whole retirement savings perspective. Since the Roth IRA was introduced in 1998, its popularity has soared. It has become a fixture in many retirement planning strategies for our clients here at Kendall Capital because it offers savers so many potential … Continue reading “A Roth IRA’s Many Benefits”

February 20th, 2020

Tax Considerations for Retirees

Are you aware of these potential tax breaks and tax-saving opportunities? The federal government offers some major tax breaks for older Americans. Some of these benefits deserve more publicity than they receive. With frequent changes to the tax code, we encourage you to reach out to an advisor at Kendall Capital and a tax professional … Continue reading “Tax Considerations for Retirees”

February 18th, 2020

That First Distribution from Your IRA

What you need to know. When you are in your seventies, like many of our clients here at Kendall Capital, Internal Revenue Service rules say that you must start making withdrawals from your traditional IRA(s). In I.R.S. terminology, these withdrawals are called Required Minimum Distributions (RMDs). Generally, these distributions from traditional IRAs must begin once … Continue reading “That First Distribution from Your IRA”

February 10th, 2020

Are You Ready for Retirement?

See if you are prepared to begin your retirement by answering four key questions.   How do you know you are psychologically ready to retire? As a start, ask yourself four questions.  One, is your work meaningful? If it is emotionally and psychologically fulfilling, if it gives you a strong sense of purpose and identity, there … Continue reading “Are You Ready for Retirement?”

December 17th, 2019

Major Retirement Planning Mistakes

Why are they made again and again? You may often hear about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Aside from these blunders, some classic financial missteps plague retirees. Calling them “mistakes” may be a bit harsh, as not all of them represent errors in judgment. Yet whether they result … Continue reading “Major Retirement Planning Mistakes”

December 12th, 2019

Debunking Common Retirement Assumptions

Don’t fall for these misconceptions. Financial generalizations are as old as time. Some have been around for decades, while others have only recently joined their ranks. Let’s examine a few.       Retirement means I can stop investing. In the past, retirement was viewed as an “end” in many ways. These days though, retirement is … Continue reading “Debunking Common Retirement Assumptions”

November 18th, 2019

Facts About Medicare Open Enrollment

How much do you know about the different coverage options? Medicare’s open enrollment period runs through December 7. If you are enrolling in Medicare for the first time, you will discover that it is much more complex than an employer-sponsored group health plan. Here at Kendall Capital, we want to make sure our clients are … Continue reading “Facts About Medicare Open Enrollment”

November 15th, 2019

Reducing the Risk of Outliving Your Money

What steps might help you sustain and grow your retirement savings? “What is your greatest retirement fear?” If you ask our clients as Kendall Capital, or any group of retirees and pre-retirees this question, “outliving my money” will likely be one of the top answers. In fact, 51% of investors surveyed for a 2019 AIG … Continue reading “Reducing the Risk of Outliving Your Money”