The emphasis has been on accumulating money for retirement. July 1st, 2005 is important because if retirees take distributions from their retirement accounts too early or too fast, they may run out of money later when they're unable to work
Unlike Social Security or defined benefit pensions, most personal account plans—401(k), 403(b), SIMPLE plans and IRA’s- don’t provide a guaranteed income for life. To make sure their money lasts as long as they do, individuals and their advisors need new approaches.
On July 1, 2005 about 10,000 Baby Boomers will reach IRS retirement age —and every day for the next 19 years. July 1, 2005 symbolizes a new era for retirement education— the era of retirement income management,
This web site is dedicated to bring you information so you can have a quality retirement.
Disclamer: On the pages of this web site you will find articles and news items about tm808. This information was collected from many independent sources. The opinions expressed by each source is their opinion and is not necessarily the opinion of the CPA Moms. Each article or news item offers a different point of view and the source of each. This information is for general information only. If you want a specific opinion, please contact Carl.
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