Does Retirement Have to Happen All at Once?

Does Retirement Have to Happen All at Once? Solera Asset Management

Imagine transitioning into retirement not as a sudden leap but as a gradual, comfortable glide. This approach, known as phased retirement, is gaining popularity. It allows people like you to reduce working hours over time, allowing a smoother shift from full-time employment to full-time retirement… and it even has financial benefits. But doing it right […]

Is It Time to Refresh Your Annuity? Here’s Why You Might Consider It

Is It Time to Refresh Your Annuity? Here's Why You Might Consider It Solera Asset Management

Annuities have long been a cornerstone for those seeking a steady income stream in retirement. However, the financial landscape is ever-evolving, and what worked a few years ago might not be the best fit today. With rising interest rates, inflation concerns, and innovative annuity products entering the market, now might be a great time to […]

Is a Roth IRA Conversion in Your Future?

Is a Roth IRA Conversion in Your Future? Solera Asset Management

Retirees aiming to reduce their taxes in retirement can benefit from strategic conversions and transfers between traditional and Roth Individual Retirement Accounts (IRAs), especially when considering the timing and financial landscape. Identifying optimal windows for Roth conversions can lead to significant tax advantages and may enhance retirement income. Here are key opportunities to consider: During […]

4 Retirement Planning Myths That Could Cost You

4 Retirement Planning Myths That Could Cost You Solera Asset Management

What if everything you thought you knew about financial planning was wrong? Many well-meaning people fall victim to common financial myths—some of which could cost them thousands of dollars or even their retirement security. Let’s break down some of the biggest myths and uncover the real truths behind smart financial planning. Myth 1: The 4% […]

How Pre-Retirees Can Jumpstart Their Savings in 2025

How Pre-Retirees Can Jumpstart Their Savings in 2025 Solera Asset Management

Catching up on retirement savings can feel daunting, especially if you’ve started late. However, with strategic planning and commitment, it’s entirely possible to build a comfortable nest egg for your future. Here are four actionable steps to help you enhance your retirement savings in 2025. Leverage Catch-Up Contributions For individuals aged 50 and above, the […]

4 Mistakes to Avoid Before You Officially Retire

4 Mistakes to Avoid Before You Officially Retire Solera Asset Management

Retirement marks the start of a new chapter filled with opportunities for relaxation, travel, personal growth, and more. However, a financially stable, smooth transition requires careful planning to avoid common pitfalls. Here are four mistakes to sidestep as you prepare for your golden years. Underestimating Healthcare Costs Healthcare is one of the largest expenses in […]

How Spending and Budgets in Retirement Change Over Time

How Spending and Budgets in Retirement Change Over Time Solera Asset Management

Retirement is often viewed as a static phase of life, but the reality is far more dynamic. As retirees progress through their golden years, their spending habits and budgetary needs evolve significantly. Understanding these changes is crucial for effective retirement planning and ensuring financial stability throughout this important life stage. The Early Years The initial […]

Retirement Planning Refresher: What Retirees Need to Know About SECURE Act 2.0

Retirement Planning Refresher: What Retirees Need to Know About SECURE Act 2.0 Solera Asset Management

The SECURE Act 2.0, signed into law in late 2022, brought significant changes to retirement savings and planning—namely, the rules around how retirement accounts work and can be used. As a retiree or someone approaching retirement, understanding these changes is crucial for optimizing your financial strategy. Let’s explore some key aspects that may directly impact […]

Planning for Retirement Income Beyond Social Security

Planning for Retirement Income Beyond Social Security Solera Asset Management

Planning for retirement income is a crucial aspect of achieving a secure and comfortable retirement. With longer life expectancies and the need for additional sources of income, it’s essential to consider various strategies to supplement Social Security benefits and ensure financial stability during retirement. Importance of Supplementing Social Security Benefits While Social Security provides a […]

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