March 2020 - Alpha 1 Tax & Wealth

Monthly Archives: March 2020

Home/2020/March

Will You Retire in an Uncertain World?

We’re living in unprecedented times, and the government is taking unprecedented actions to mitigate the damage done by the coronavirus. While strict measures like canceling events of more than 10 people, closing bars and restaurants, and restricting travel are meant to help from a public health standpoint, they’re also having a crippling effect on the [...]

2020-03-30T16:51:20+00:00March 30th, 2020|Retirement Planning|

Do’s and Don’ts in a Volatile Market

If the state of the market has caused you to worry, you’re probably not alone. The coronavirus and falling oil prices have caused many to panic. In times of uncertainty, it can be easy to make knee-jerk decisions and forget about the long-term. However, consider these do’s and don’ts in a volatile market.  Don’t withdraw [...]

2020-03-24T15:36:32+00:00March 23rd, 2020|Stock Market|

Benefits of Pets

Once people retire and become empty nesters, they often enjoy their freedom to travel, make their own schedule, and have some time to themselves. But after a while, they might experience a lack of social connections and a loss of purpose that a career previously provided. There are so many ways to spend your free time [...]

2020-05-22T21:50:46+00:00March 22nd, 2020|Lifestyle, Retirement|

Age Can Have Its Benefits

We typically don’t think of the word “aging” as having a positive connotation. It may bring to mind graying hairs, aching backs, and slowing down. But these things don’t always have to be true, and they don’t necessarily tell the whole story when it comes to getting older. In fact, in most cultures older people [...]

2020-03-20T19:47:04+00:00March 20th, 2020|Financial Planning, Retirement Planning|

Reasons to Update Your Retirement Account Beneficiaries

Your retirement account has a long life, and it doesn’t necessarily end when yours does. If you’ve contributed to a 401(k) or IRA throughout your career, you’ve probably accumulated a substantial nest egg. Then once you turn 59 ½ you can start withdrawing. And at 70 ½ you must start withdrawing. Required Minimum Distributions (RMDs) [...]

2020-03-10T15:12:15+00:00March 8th, 2020|Retirement Planning|

Retirement Planning in a Volatile Market

The recent market volatility surrounding the Coronavirus may have you concerned, especially if you’re approaching or already in retirement.  Feelings of uncertainty, anxiety, and uneasiness are all common during any scary and volatile market.  These feelings are normal and sometimes it can be beneficial to take a step back and look at the big picture.  [...]

2020-03-03T17:36:29+00:00March 3rd, 2020|Retirement Planning, Stock Market|

Common Social Security Scams

Turning 65 means a lot of great things – you’re eligible for Medicare, you’re at or near your full Social Security age, and of course, you can get into some museums, buy Amtrak tickets, and eat at certain restaurants for a discounted price. Unfortunately, you may also be targeted by criminals trying to steal your [...]

2020-03-03T13:38:41+00:00March 2nd, 2020|Fraud Protection, Social Security|