The Case for and Against Roth Conversions, How to Skip 3 of the 5 Stages of Retirement, Strategies for Retiring on a Fixed Income

Estate Planning in Six Manageable Steps | Five Tips for Choosing Your Insurance Agent or Broker | The Five Stages of Retirement (and How to Skip Three) Created for {EMAIL} | [Web Version]( June 16, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Building Wealth]( [Youtube]( [Building Wealth]( [SIGN UP]( ⋅ [WEBSITE]( [] Estate Planning [] [Estate Planning in Six Manageable Steps]( [Estate Planning in Six Manageable Steps]( (Getty Images) Getting started on your estate plan can be daunting. Estate planning attorney Patrick M. Simasko says that breaking the process down into these [six smaller tasks]( can help you avoid getting overwhelmed. [] Insurance [] [Five Tips for Choosing Your Insurance Agent or Broker]( [Five Tips for Choosing Your Insurance Agent or Broker]( (Getty Images) Selecting an insurance professional could be as important as picking a surgeon. It might not be literal life-or-death, but it could be [financial life-or-death](. Insurance expert Karl Susman offers some recommendations for what to look for. [7 Mistakes People Make When Hiring a Financial Advisor]( Working with a financial advisor can be a crucial part of any healthy retirement plan. But choosing the wrong one could wreak havoc. Avoid these 7 mistakes when hiring an advisor, so you can work to potentially save years of stress. See the list. [See the list]( ADVERTISEMENT [] In Case You Missed It [] [The Five Stages of Retirement (and How to Skip Three)]( [The Five Stages of Retirement (and How to Skip Three)]( (Getty Images) Getting the first step wrong inevitably means you'll go through stages three through five. [Get step one right](, and it's a two-step process, according to Dr. Richard P. Himmer, a psychologist. [] Saving for Retirement [] [Roth Conversions: The Case for and Against Them]( Have you been tempted to jump on the Roth IRA conversions bandwagon? Check out the pros and cons, courtesy of financial planner Evan T. Beach, to see if they make sense for you. [Read More]( [What You Can Do Now To Help You Reach Your Retirement Goals]( Making your savings last and keeping your taxes low takes planning and attention. Our advisors can help you save time and earn more. [LEARN MORE]( ADVERTISEMENT [] Retirement Planning [] [Six Strategies for Retiring on a Fixed Income]( When your paychecks quit rolling in, will you be OK? Run through this pre-retirement checklist from financial professional Kevin Brauer to see how ready you really are for life on a fixed income. [Read More]( [Vanguard vs. Fidelity vs. Schwab]( Who are you partnered with? It's no secret these could be considered three of the most popular brokerage firms. But they stack up slightly differently when it comes to fees and their specific suite of services. Learn more about who should work with Vanguard, Fidelity, and Schwab. 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