Retirement Planning

2 Ways the 2022 Economic Woes Affected Your Retirement Accounts Lionsgate Advisors

2 Ways the 2022 Economic Woes Affected Your Retirement Accounts

January 9, 2023
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The 2022 economic climate has been bumpy for most and, in some cases, even bumpier for retirees. Americans and the world at large dealt with the economic ramifications of the Russia-Ukraine war, post-pandemic industrial effects, and rising inflation and interest rates. As the year ends, it’s important to understand how these economic factors may have […]

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Turning 59.5? Here are the Factors to Consider Lionsgate Advisors

Turning 59.5? Here are the Factors to Consider

January 2, 2023
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Approaching 60 is an exciting time. Not only does it come with more wisdom and thrill for a new chapter of life, but it also presents important financial decisions that can affect your life in retirement. If you are turning 59.5 this year, you will become eligible to withdraw from your retirement accounts without penalty. […]

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The Value of Opening a Roth IRA at the End of the Year LionsGate Advisors

The Value of Opening a Roth IRA at the End of the Year

November 28, 2022
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These days, retirement planning will likely involve Individual Retirement Accounts in one way or another. Whether you’re looking to roll over a 401(k), optimize your withdrawal timing, or take advantage of catch-up contributions, your IRA strategy may be one of the main components of your income strategy. So, let’s talk about the Roth IRA and […]

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Thinking About Retirement? The Basics of Financial Literacy Are Your North Star LionsGate Advisors

Thinking About Retirement? The Basics of Financial Literacy Are Your North Star

November 21, 2022
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Working towards retirement, you may have a detailed plan on how to manage your finances so that you have enough saved by the time you leave the workforce. With no external income coming in, there will be a new rulebook on how to manage your retirement earnings, expenses, and investments – not just so that […]

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3 Ways the Gender Pay Gap Affects Women in Retirement Lionsgate Advisors

3 Ways the Gender Pay Gap Affects Women in Retirement

November 18, 2022
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There has historically been a pay gap between men and women for comparable jobs which favors men. This phenomenon generally affects retirement funds as well – this is called the gender retirement gap.[1] On average, women earn 17% less than men, taking home $89 compared to the man’s $100.[2] The gender pay gap has lasted […]

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