As we wrap up the year, we’re excited to revisit the Sensible Financial articles that have resonated most with our readers. The top three articles of the past year cover essential topics, including the crucial question, “What’s my (retirement) number?”, insights into the SECURE Act 2.0 and its impact on retirement planning, and strategies for saving on estate taxes through trusts.
What’s my (retirement) number?
Coming in at number one is “What’s my (retirement) number?” by Rick Miller. In the pursuit of a well-planned retirement, determining your “number” becomes a critical step. Inspired by Lee Eisenberg’s concept from his bestselling book, “The Number: A Completely Different Way to Think About the Rest of Your Life,” Rick’s article explores the Yalls, a fictional couple, and their quest to identify their retirement number. This article provides insights on calculating your retirement number, based on your income, assets, and lifestyle. Whether you’re close to retirement or planning for the long haul, Rick’s piece highlights the importance of strategic financial planning and the Lifetime Balance Sheet. Read more here.
The SECURE Act 2.0 and Retirement
Next on our list of Sensible’s top articles of 2023 is “The Secure Act 2.0 and Retirement” by Gyb Spilsbury. President Biden’s signing of the SECURE Act 2.0 into law ushered in significant changes to the retirement planning landscape. This article distills the key aspects of the legislation, focusing on crucial shifts that enhance flexibility and aim to fortify Americans’ preparedness for retirement. This legislative overhaul introduces exciting opportunities, offering increased accessibility and flexibility in retirement planning. Read more.
How Can Trusts Save on Estate Taxes?
Rounding out the top three is “How Can Trusts Save on Estate Taxes?” by Frank Napolitano. In this article, Frank uncovers the intricacies of estate taxes and the role of trusts in mitigating their impact. Using a hypothetical scenario, Frank illustrates how a thoughtfully crafted estate plan can help navigate marital deduction and charitable giving to optimize wealth transfer to heirs. This article serves as a valuable guide, offering insights into estate planning nuances. Read more here.
As 2023 concludes, we extend a heartfelt thank you to our readers for being integral to the Sensible Financial community. Your engagement and readership have been exceptional, inspiring us to continue providing valuable financial insights. We look forward to navigating another year together!