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The FAI Team
Five Things to Consider Before Retirement

You have been looking forward to this day for years but now that it’s finally drawing near, you’re feeling apprehensive. There are loose ends and preparing for retirement is feeling more like a burden than an approaching vacation.

Your Heirs Will Lose Money If You Don't Take These Steps Now
Your Heirs Will Lose Money If You Don't Take These Steps Now

If your spouse and or other heirs cannot quickly figure out your financial affairs after you pass away or become incapacitated, you won't just leave them frustrated you might leave them with less money. Accounts and other assets could be overlooked ... and financial penalties could be incurred, such as those for not taking required distributions from tax-deferred retirement accounts.

The FAI Team
Medicare Income-Related Monthly Adjustment Amount (IRMAA)

If you are eligible for Medicare Part B and Part D while still earning a high income, you may be subject to the Income-Related Monthly Adjustment Amount, or IRMAA, added to your premium.

Post Retirement Life: Volunteer Opportunities
Post Retirement Life: Volunteer Opportunities

For many retirees, planning for retirement simply means thinking about the financial aspects. What most people don’t realize is that going from a busy work schedule to nothing on the agenda isn’t always as glamorous as it sounds. Once the to-do list is complete, finding activities to fill your day can be difficult. Not to mention, the change from a social environment to naught can be a difficulty in itself. If you’re used to being around peers, retirement can be quite an adjustment.

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