Insightful Articles & Education
CARES Act – Returning Unwanted 2020 RMDs
Article written by Brian Bickett One of the key provisions of the CARES Act, the coronavirus relief act that...
Summary of the 2020 Social Security Trustees’ Report
The Social Security Board of Trustees released their annual report at the end of April once again this year. Below is my summary of the info in this year’s report.
Understanding Arch Coal Pension Plan Benefit Options
Article written by Brian Bickett I’ve been able to help a handful of people make educated decisions concerning...
Why Motorcycle Riders Should Retire in the Black Hills of South Dakota
Article written by Brian Bickett You and I both know that South Dakota was ranked the best state for retirement in...
Summary of the 2019 Social Security Trustees’ Report
I was quite surprised to see the 2019 Social Security Trustees Report released two months early. Here are my thoughts on this year’s report.
The Purpose of Life Insurance
Can you tell me why you have life insurance? When we know that answer, we can discover your optimum level of need for life insurance. Below I will dive into those questions and more.
Why Get Financial Advice from This Motorcycle Rider?
Why Get Financial Advice from This Motorcycle Rider? Article written by Brian Bickett Earlier in my career, I...
The Ride of Your Life: Financial Planning with a Motorcycle Rider
The Ride of Your Life: Financial Planning with a Motorcycle Rider Article written by Brian Bickett I was...
How Completing the Saddle Sore 1000 Changed My Life
The Saddle Sore 1000 is seemingly simple, not very expensive, something I would really enjoy doing, and literally can be can be completed in a single day. Why have I been putting this off to “someday”? I never imagined how crossing this off the list would change my mindset.
Retirement Planning Case Studies
Case Study #1
Nearing Retirement
After accumulating wealth throughout the years, Dan and his wife Carol began thinking about retirement.
They currently hold a variety of investment accounts, including 401ks from different employers, stock options, an ESPP, and multiple brokerage accounts.
They have three adult children (one still in college) and two grandkids. Dan and Carol live modestly, own their home, and look forward to spending more time with family in retirement.
Case Study #2
Retired Without A Plan
Mark and Laura recently retired from rewarding careers and have lots of plans for the future.
They want to ensure that their retirement plan not only enables the lifestyle they have envisioned in retirement but that they have a plan to make sure they never run out of money.
Reducing taxes, improving investments, and creating a reliable income stream in retirement was their priority.
Case Study #3
Recently or Unexpectedly Widowed
Susan loved her husband Robert so. She never thought there would be a day without him there to share more memories, let alone to help guide her through difficult and confusing financial decisions.
After her period of mourning, she needed to be able to see and clearly understand all of her options, which removed a lot of her worries. She was able to move forward with their plans, confident in knowing that she would be well looked after.
(Note: These case studies are hypothetical, do not involve actual Iron Mountain Financial Planning clients, and should not be construed as a guarantee.)