Estate Planning with George Bearup
Local Estate Planning Attorney, George Bearup will be joining Dennis for an in depth look at how to plan for […]
Local Estate Planning Attorney, George Bearup will be joining Dennis for an in depth look at how to plan for […]
Finally, we are going to discuss Retirement Plan Limits! They are set each year to help plan for potential inflation
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We decided to take a look down the middle of this landmine topic without leaning to the left or to
How do you protect your financial assets regardless of relationship status?
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We will start with our weekly statistics then jump right into an update from the Social Security Administration followed by
If you have been pouring yourself into a career, into accumulation of assets when you look ahead into retirement, what
After years of accumulating, saving and watching your retirement accounts grow you will be required to draw on those accounts.
Top 10 Mistakes people make when filing for Social Security. Also, Dennis will review Ed Slott’s Top IRA Rulings for

Dennis J. Prout, CFP®
They told you that time would go fast and that it would gain speed with age. Here you are, so many years later realizing that this is true.
St. Augustine said, "The future is the logical conclusion of decisions made in the present day." He couldn't have been more right. In hindsight, you would have saved a little more, worried a little less and taken more time planning for this moment - your retirement —or, as they say, your "golden years."
There are two things weighing heavily on your mind:
The first: Did you save enough during your working years? Not just save, but did you plan appropriately?
The second: Will you have enough to live on for the next 20 to 30 years? Can you maintain your financial independence?
Speaking of independence…. you start to think of your children. They are grown and have their own families and responsibilities. You love them but you don't want to be dependent on them. You'd like to leave assets to them if you can, but you'd rather see those go to your grandchildren. Will they appreciate it?
Your mind wanders to the million little decisions made along the way. There are so many details to consider when you assess a lifetime of discipline and hard work. Oddly enough, you realize that retirement planning is the only plan where you start from an unknown end date and work backward - to now. Future you, I suggest you use hindsight as foresight. Remove the mystery and replace it with a plan. After all, who wants to spend their retirement catching up? Unless, of course, it's with old friends, family and those little ones who have your heart.
Sincerely,
1040 E. Front Street & Traverse City, MI 49686 www.proutfinancialdesign.com
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