Retirement, tax and investment articles from LifeFocus Financial Advisors.https://www.lifefocusadvisors.com/https://www.lifefocusadvisors.com/money-manna/what-the-wait-until-70-math-leaves-out/https://www.lifefocusadvisors.com/money-manna/what-the-wait-until-70-math-leaves-out/Picture a 55-year-old civil engineer with a county public works department. He’s in PERS 2 with 27 years of service, and he plans to retire at 58.Thu, 15 Oct 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-missing-line-that-can-erase-a-charitable-deduction/https://www.lifefocusadvisors.com/money-manna/the-missing-line-that-can-erase-a-charitable-deduction/Picture a 54-year-old budget manager at a state agency. She's in PERS 2 with 27 years of service, and she's aiming to retire at 58.Thu, 08 Oct 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/when-your-rmd-comes-out-matters-less-than-what-comes-out-first/https://www.lifefocusadvisors.com/money-manna/when-your-rmd-comes-out-matters-less-than-what-comes-out-first/Picture a 54-year-old budget analyst for a Washington county. She has 26 years in PERS Plan 2.Thu, 01 Oct 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/what-a-savings-chart-cant-see-about-your-retirement/https://www.lifefocusadvisors.com/money-manna/what-a-savings-chart-cant-see-about-your-retirement/There's a several charts that I have seen that show how much you "should" have saved by each age.Thu, 24 Sep 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-dcp-balance-that-never-goes-down/https://www.lifefocusadvisors.com/money-manna/the-dcp-balance-that-never-goes-down/Bruce is 64. He retired two years ago at 62, after 31 years with a county public works department. PERS Plan 2, and with more than 30 years of service he walked away at 62 with a full benefit, no early retirement reduction.Thu, 17 Sep 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/your-pension-cola-stops-at-3-seattle-inflation-didnt/https://www.lifefocusadvisors.com/money-manna/your-pension-cola-stops-at-3-seattle-inflation-didnt/Neil pulls up his DCP account on our Zoom call and I can read the whole thing in about four seconds.Thu, 10 Sep 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/your-pension-already-answered-a-question-most-retirees-are-still-asking/https://www.lifefocusadvisors.com/money-manna/your-pension-already-answered-a-question-most-retirees-are-still-asking/Tracy is 54, a permitting supervisor for a county planning department, and has 27 years in PERS 2. She wants to retire at 58.Thu, 03 Sep 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/your-retirement-calculator-doesnt-know-you-have-a-pension/https://www.lifefocusadvisors.com/money-manna/your-retirement-calculator-doesnt-know-you-have-a-pension/Rhonda pulled up a retirement calculator during our call and shared her screen.Thu, 27 Aug 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-first-three-years-are-bumpier-than-your-spreadsheet-thinks/https://www.lifefocusadvisors.com/money-manna/the-first-three-years-are-bumpier-than-your-spreadsheet-thinks/Cheryl is 57, has 31 years in PERS Plan 2 with a county public works department, and she brought a spreadsheet to our first call.Fri, 21 Aug 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-retirement-spending-assumption-most-washington-state-employees-never-question/https://www.lifefocusadvisors.com/money-manna/the-retirement-spending-assumption-most-washington-state-employees-never-question/Doug shares his screen and pulls up the retirement spreadsheet he has been building since March.Thu, 13 Aug 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/who-can-legally-step-in-for-your-drs-accounts-if-you-cant/https://www.lifefocusadvisors.com/money-manna/who-can-legally-step-in-for-your-drs-accounts-if-you-cant/Wendy calls me on a Tuesday morning, and I can tell right away this one is different.Thu, 06 Aug 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-retirement-question-most-washington-public-employees-never-get-asked/https://www.lifefocusadvisors.com/money-manna/the-retirement-question-most-washington-public-employees-never-get-asked/There is a moment on a planning call I have learned to watch for.Thu, 30 Jul 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-spending-problem-most-great-savers-dont-see-coming/https://www.lifefocusadvisors.com/money-manna/the-spending-problem-most-great-savers-dont-see-coming/Marcus went quiet during a meeting recently.Thu, 23 Jul 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/why-market-timing-matters-less-when-you-have-a-washington-state-pension/https://www.lifefocusadvisors.com/money-manna/why-market-timing-matters-less-when-you-have-a-washington-state-pension/By the time a client is ready to retire, most of the hard work is already done.Thu, 16 Jul 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/why-one-more-year-is-rarely-about-the-money/https://www.lifefocusadvisors.com/money-manna/why-one-more-year-is-rarely-about-the-money/Ron showed up to our call last fall with a spreadsheet he’d clearly been staring at for months.Thu, 09 Jul 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-hidden-price-of-a-familiar-fund-name/https://www.lifefocusadvisors.com/money-manna/the-hidden-price-of-a-familiar-fund-name/Dale comes to our first video call with his statements already pulled up on his screen.Thu, 02 Jul 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/why-careful-savers-freeze-when-its-time-to-spend-in-retirement/https://www.lifefocusadvisors.com/money-manna/why-careful-savers-freeze-when-its-time-to-spend-in-retirement/Greg is meeting with me, sharing a spreadsheet he built himself.Thu, 25 Jun 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/why-the-inflation-number-in-the-news-probably-isnt-yours/https://www.lifefocusadvisors.com/money-manna/why-the-inflation-number-in-the-news-probably-isnt-yours/The number on the news isn't the number that mattersA corrections officer reaches out the week the latest inflation report makes the news.Thu, 18 Jun 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/5-umbrella-insurance-mistakes-that-leave-retirement-savers-exposed/https://www.lifefocusadvisors.com/money-manna/5-umbrella-insurance-mistakes-that-leave-retirement-savers-exposed/The conversation no one wants to haveMost of the planning conversations I have with clients focus on offense. How much they've saved. How their DCP is invested. When to claim Social Security. Whether they should take Option 2 or Option 3 on their DRS pension.Thu, 11 Jun 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/why-the-year-you-retire-might-matter-more-than-how-much-youve-saved/https://www.lifefocusadvisors.com/money-manna/why-the-year-you-retire-might-matter-more-than-how-much-youve-saved/Imagine two retirees with identical financial plans. Both have a $1 million portfolio. Both use a 60/40 allocation. Both follow a 4% withdrawal rate adjusted for inflation. Both plan for a 30-year retirement.Thu, 04 Jun 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/why-a-pension-and-a-healthy-savings-account-still-dont-feel-like-enough/https://www.lifefocusadvisors.com/money-manna/why-a-pension-and-a-healthy-savings-account-still-dont-feel-like-enough/There’s a pattern I keep seeing, and it’s become one of the more interesting things about this work.Thu, 28 May 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-social-security-question-most-washington-state-public-employees-are-getting-wrong/https://www.lifefocusadvisors.com/money-manna/the-social-security-question-most-washington-state-public-employees-are-getting-wrong/I’ve noticed a pattern with the clients I work with.Thu, 21 May 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/how-your-drs-pension-changes-the-social-security-timing-decision/https://www.lifefocusadvisors.com/money-manna/how-your-drs-pension-changes-the-social-security-timing-decision/I read something this past year that has stuck with me.Thu, 14 May 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-most-overlooked-retirement-decision-its-not-your-portfolio/https://www.lifefocusadvisors.com/money-manna/the-most-overlooked-retirement-decision-its-not-your-portfolio/Most retirement conversations start the same way.Thu, 07 May 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-retirement-account-threat-most-washington-public-employees-arent-thinking-about/https://www.lifefocusadvisors.com/money-manna/the-retirement-account-threat-most-washington-public-employees-arent-thinking-about/One of the things I ask clients about is their account security. How they protect their online logins. Whether they use unique passwords. What kind of verification they have set up on their financial accounts.Thu, 30 Apr 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-investment-scorecard-thats-misleading-washington-state-retirees/https://www.lifefocusadvisors.com/money-manna/the-investment-scorecard-thats-misleading-washington-state-retirees/I was reviewing a client's DCP statement recently when she pointed at her bond fund and said, "This one is clearly the winner."Thu, 23 Apr 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/your-pension-already-solved-the-hardest-part-of-retirement-happiness/https://www.lifefocusadvisors.com/money-manna/your-pension-already-solved-the-hardest-part-of-retirement-happiness/I keep running into the same conversation.Thu, 16 Apr 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/most-stocks-lose-money-heres-why-that-should-change-how-you-invest-for-retirement/https://www.lifefocusadvisors.com/money-manna/most-stocks-lose-money-heres-why-that-should-change-how-you-invest-for-retirement/I spend a lot of time talking with Washington State public employees about what to do with their DCP savings, their IRAs, and the other investment accounts they've built alongside their pension.Thu, 09 Apr 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-roth-conversion-rule-that-trips-up-almost-everyone/https://www.lifefocusadvisors.com/money-manna/the-roth-conversion-rule-that-trips-up-almost-everyone/I had a conversation recently with a client who had done everything right.Thu, 02 Apr 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-spending-problem-nobody-talks-about-in-retirement/https://www.lifefocusadvisors.com/money-manna/the-spending-problem-nobody-talks-about-in-retirement/There is a question I hear in almost every initial meeting with a new client.Thu, 26 Mar 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-healthcare-gap-that-keeps-washington-public-employees-working-too-long/https://www.lifefocusadvisors.com/money-manna/the-healthcare-gap-that-keeps-washington-public-employees-working-too-long/I keep a running list of the questions I hear most often in client meetings. And if I had to pick the one that comes up more than any other, it would be some version of this:Thu, 19 Mar 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/dividend-investing-feels-safe-heres-what-its-actually-costing-you/https://www.lifefocusadvisors.com/money-manna/dividend-investing-feels-safe-heres-what-its-actually-costing-you/I was reviewing a portfolio for a county employee, 24 years in PERS Plan 2.Thu, 12 Mar 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-risk-that-actually-ruins-retirement-plans-and-its-not-what-you-think/https://www.lifefocusadvisors.com/money-manna/the-risk-that-actually-ruins-retirement-plans-and-its-not-what-you-think/I was re-reading one of my favorite pieces of financial writing last week.Thu, 05 Mar 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/what-100-years-of-market-history-tells-us-about-your-retirement-plan/https://www.lifefocusadvisors.com/money-manna/what-100-years-of-market-history-tells-us-about-your-retirement-plan/She's 53, a PERS 2 member with 28 years in, sitting on about $650,000 between her DCP and personal savings. Planning to retire at 58 in just under five years.Thu, 26 Feb 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-annuity-question-i-keep-hearing-and-what-you-should-know-before-signing/https://www.lifefocusadvisors.com/money-manna/the-annuity-question-i-keep-hearing-and-what-you-should-know-before-signing/I was sitting in a meeting with a client last month when she pulled out a colorful brochure.Thu, 19 Feb 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/this-is-what-a-real-750000-retirement-portfolio-looks-like-for-a-washington-police-officer/https://www.lifefocusadvisors.com/money-manna/this-is-what-a-real-750000-retirement-portfolio-looks-like-for-a-washington-police-officer/I met with a prospective client recently who had a question that stopped me cold.Thu, 12 Feb 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-debt-question-i-keep-hearing-from-washington-public-employees/https://www.lifefocusadvisors.com/money-manna/the-debt-question-i-keep-hearing-from-washington-public-employees/There's a question I hear some version of almost every month.Thu, 05 Feb 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/what-do-you-actually-do-all-day-when-you-stop-working-at-57/https://www.lifefocusadvisors.com/money-manna/what-do-you-actually-do-all-day-when-you-stop-working-at-57/I think about this question a lot when I'm working with clients on their retirement plans.Thu, 29 Jan 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/should-i-work-part-time-after-i-retire/https://www.lifefocusadvisors.com/money-manna/should-i-work-part-time-after-i-retire/I get this question all the time from clients approaching retirement.Thu, 15 Jan 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/if-youre-incapacitated-what-happens-to-your-drs-pension-and-dcp/https://www.lifefocusadvisors.com/money-manna/if-youre-incapacitated-what-happens-to-your-drs-pension-and-dcp/A husband suffers a massive stroke. He's a PERS 2 member with 28 years of service at the city. Not retired yet. Still working.Thu, 08 Jan 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/do-washington-public-employees-really-need-life-insurance-in-retirement/https://www.lifefocusadvisors.com/money-manna/do-washington-public-employees-really-need-life-insurance-in-retirement/I was reviewing a retirement plan last month when my client said something that caught me off guard.Thu, 01 Jan 2026 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/will-vs-beneficiary-how-wa-public-employees-keep-pensions-and-dcp-in-sync/https://www.lifefocusadvisors.com/money-manna/will-vs-beneficiary-how-wa-public-employees-keep-pensions-and-dcp-in-sync/I opened an email recently that stopped me mid-sip of coffee.Thu, 25 Dec 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/power-of-attorney-in-wa-pick-competence-over-convenience/https://www.lifefocusadvisors.com/money-manna/power-of-attorney-in-wa-pick-competence-over-convenience/The Conversation That Changed How I Think About ThisI was sitting across from a prospective client recently when she said something that made me pause.Thu, 18 Dec 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-5-estate-documents-wa-public-employees-need-before-its-too-late/https://www.lifefocusadvisors.com/money-manna/the-5-estate-documents-wa-public-employees-need-before-its-too-late/The Discovery That Changed EverythingI was on a Zoom call with a new client when she said something that made me pause.Thu, 11 Dec 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/how-washington-state-employees-can-create-a-retirement-paycheck-that-lasts-30-years/https://www.lifefocusadvisors.com/money-manna/how-washington-state-employees-can-create-a-retirement-paycheck-that-lasts-30-years/Carol, a 63-year-old retired County Parks Department supervisor, followed the classic retirement advice: withdraw 4% of her portfolio every year, no matter what.Thu, 04 Dec 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-5-investment-mistakes-washington-state-employees-make-in-their-50s-that-could-wreck-their-retirement-plans/https://www.lifefocusadvisors.com/money-manna/the-5-investment-mistakes-washington-state-employees-make-in-their-50s-that-could-wreck-their-retirement-plans/David, a 54-year-old Sheriff's deputy, panicked when the market dropped and moved his entire $890,000 deferred compensation plan to "safe" money market funds. He planned to move back to stocks "when things settled down."Thu, 27 Nov 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-portfolio-rebalancing-mistake-thats-costing-washington-state-employees-their-retirement-dreams/https://www.lifefocusadvisors.com/money-manna/the-portfolio-rebalancing-mistake-thats-costing-washington-state-employees-their-retirement-dreams/Lisa, a 59-year-old State administrator, had been contributing to her deferred compensation plan for 25 years but never rebalanced her portfolio. She figured "set it and forget it" was the safest approach.Thu, 20 Nov 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-critical-investment-mistake-that-could-cost-washington-state-employees-their-retirement-dreams/https://www.lifefocusadvisors.com/money-manna/the-critical-investment-mistake-that-could-cost-washington-state-employees-their-retirement-dreams/Mark, a 58-year-old Washington State Patrol sergeant with 32 years of service, thought he was being smart by moving his entire $1.2 million deferred compensation plan into bonds and CDs as retirement approached.Thu, 13 Nov 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/dont-let-poor-health-insurance-planning-derail-your-early-retirement-dreams/https://www.lifefocusadvisors.com/money-manna/dont-let-poor-health-insurance-planning-derail-your-early-retirement-dreams/Sarah had it all planned out. After 28 years of working for the State, she'd saved $850,000 in her deferred compensation plan and was ready to retire at 62. She'd done the math on her pension, budgeted for her new lifestyle, and was counting down the days to freedom from work stress.Thu, 06 Nov 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-152570-long-term-care-reality-every-washington-state-employee-must-face/https://www.lifefocusadvisors.com/money-manna/the-152570-long-term-care-reality-every-washington-state-employee-must-face/David, a 65-year-old retired Washington State employee, never gave long-term care much thought. He had a solid pension, good health, and figured Medicare would handle any future medical needs.Thu, 30 Oct 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-medicare-supplement-mistake-washington-state-retirees-make/https://www.lifefocusadvisors.com/money-manna/the-medicare-supplement-mistake-washington-state-retirees-make/A 65-year-old retired Washington State employee, signed up for Medicare and thought he was done. Three months later, he received a hospital bill that shocked him.Thu, 23 Oct 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-medicare-mistake-that-cost-a-washington-teacher-her-sebb-coverage/https://www.lifefocusadvisors.com/money-manna/the-medicare-mistake-that-cost-a-washington-teacher-her-sebb-coverage/Karen, a 65-year-old Washington State teacher, thought she had everything figured out for retirement. She'd had health coverage for 28 years and assumed she could just keep her coverage when she retired at the end of the school year.Thu, 16 Oct 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-tax-break-most-washington-public-employees-miss/https://www.lifefocusadvisors.com/money-manna/the-tax-break-most-washington-public-employees-miss/Tom, a retired firefighter, discovered something that made his stomach drop when reviewing his tax situation.Thu, 09 Oct 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/will-my-medicare-premiums-increase-based-on-my-retirement-income/https://www.lifefocusadvisors.com/money-manna/will-my-medicare-premiums-increase-based-on-my-retirement-income/Meet Captain Sarah Martinez, a 30-year veteran firefighter in Washington State. At 57, she's eligible for LEOFF Plan 2 retirement with a solid pension and $650,000 in her deferred compensation account. As a LEOFF Plan 2 member, Sarah didn't pay into Social Security during her career. She recently…Thu, 02 Oct 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/should-you-convert-to-roth-before-retiring-from-public-service/https://www.lifefocusadvisors.com/money-manna/should-you-convert-to-roth-before-retiring-from-public-service/Meet David, a 58-year-old city police officer with 30 years of service. Like many Law Enforcement Officers' and Fire Fighters' (LEOFF) 2 members, David has done an excellent job saving but worries about the tax bill waiting for him in retirement. With potentially higher federal tax brackets in the…Thu, 25 Sep 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-washington-state-employees-guide-to-tax-smart-retirement-withdrawals/https://www.lifefocusadvisors.com/money-manna/the-washington-state-employees-guide-to-tax-smart-retirement-withdrawals/Maria, a 58-year-old Washington State Department of Transportation supervisor, has diligently saved $400,000 across her 457(b) and Roth IRA accounts. Her husband Tom works in the private sector with his own 401(k) worth $300,000 and will retire around the same time. With retirement just three years…Thu, 18 Sep 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/how-am-i-taxed-in-retirement/https://www.lifefocusadvisors.com/money-manna/how-am-i-taxed-in-retirement/Meet Sarah, a married Seattle firefighter with 28 years of service. At 53, she's planning to retire at 55 with a solid financial foundation: a LEOFF 2 pension, $650,000 in her 457(b) plan, and $180,000 in a Roth IRA. But Sarah's biggest concern isn't fighting fires anymore—it's figuring out how much…Thu, 11 Sep 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/supercharge-your-deferred-comp-before-retirement/https://www.lifefocusadvisors.com/money-manna/supercharge-your-deferred-comp-before-retirement/Meet Sarah, a 58-year-old city manager earning $200,000 annually. She has $500,000 in her deferred compensation account and plans to retire at 62. Sarah just received her annual benefits statement and wants to make sure she's maximizing her final working years to secure her retirement goals. Like…Thu, 04 Sep 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/social-security-strategy-for-drs-members-timing-your-way-to-higher-benefits/https://www.lifefocusadvisors.com/money-manna/social-security-strategy-for-drs-members-timing-your-way-to-higher-benefits/Meet Sarah, a 63-year-old King County Parks supervisor with 28 years of service earning $95,000 annually. She's eligible for her PERS 2 pension at 65 and can start Social Security as early as 62, but she's wondering about the best timing strategy.Thu, 28 Aug 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/how-much-will-early-retirement-cost-you/https://www.lifefocusadvisors.com/money-manna/how-much-will-early-retirement-cost-you/Meet Mike, a 53-year-old firefighter with 25 years of service who's considering early retirement after a recent back injury. Like many Washington State public employees nearing the end of their careers, he's weighing the financial trade-offs of stepping away before traditional retirement age. With…Thu, 21 Aug 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/from-confusion-to-clarity-your-washington-state-pension-benefits-explained/https://www.lifefocusadvisors.com/money-manna/from-confusion-to-clarity-your-washington-state-pension-benefits-explained/Picture this: You're sitting at your kitchen table, looking at your annual DRS statement, and wondering how those numbers translate into your actual monthly retirement check. You're not alone.Thu, 14 Aug 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/when-is-the-right-time-to-retire-timing-your-exit-from-public-service/https://www.lifefocusadvisors.com/money-manna/when-is-the-right-time-to-retire-timing-your-exit-from-public-service/Sarah, a 58-year-old state employee with 27 years of service, sits at her desk wondering if she should retire at 60 or wait until 65. Like many Washington State employees, she's caught between wanting to enjoy retirement while she's healthy and ensuring she has enough money to last. This decision…Thu, 07 Aug 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/can-you-still-retire-on-time-after-a-market-crash-yes-heres-how/https://www.lifefocusadvisors.com/money-manna/can-you-still-retire-on-time-after-a-market-crash-yes-heres-how/Picture this: You're 65, planning to retire next month with your PERS 2 pension, and suddenly the market drops 20%. Your supplemental retirement savings take a hit just when you need them most. If this scenario keeps you up at night, you're not alone. Market downturns near retirement can feel…Thu, 31 Jul 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/mental-health-and-wellness-in-retirement/https://www.lifefocusadvisors.com/money-manna/mental-health-and-wellness-in-retirement/Picture this: After 30 years of teaching in public schools, you finally retire with your Teachers' Retirement System (TRS) pension. You're financially prepared, but three months in, you feel lost without your daily routine and professional identity.Thu, 24 Jul 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/creating-a-retirement-budget-that-actually-works/https://www.lifefocusadvisors.com/money-manna/creating-a-retirement-budget-that-actually-works/Picture this: You're five years from retirement, sitting at your desk at the Department of Transportation, and your colleague mentions they're worried about making ends meet in retirement. Sound familiar? As a Washington State public employee, you have some unique advantages through the Department…Thu, 17 Jul 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/what-you-need-to-know-about-the-new-tax-bill/https://www.lifefocusadvisors.com/money-manna/what-you-need-to-know-about-the-new-tax-bill/My focus in this analysis will be specifically how this impacts public employees. There are certainly additional provisions that I will not cover here.Thu, 10 Jul 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/supporting-adult-children-without-compromising-your-retirement/https://www.lifefocusadvisors.com/money-manna/supporting-adult-children-without-compromising-your-retirement/You love your children unconditionally. From sleepless nights with a newborn to watching them take their first steps, you've sacrificed for them their entire lives. Now they're struggling in an economy that feels stacked against them. Every parent's instinct is to help—but what happens when helping…Thu, 03 Jul 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/what-your-insurance-wont-cover-essential-healthcare-gaps-every-washington-state-public-employee-should-know-before-retiring/https://www.lifefocusadvisors.com/money-manna/what-your-insurance-wont-cover-essential-healthcare-gaps-every-washington-state-public-employee-should-know-before-retiring/Picture this: You're 57, eligible to retire from your state job with 30 years of service, but you won't be eligible for Medicare for another eight years. You assume your PEBB retiree coverage will handle everything until then. Then you discover that without employer contributions, your health…Thu, 26 Jun 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/when-does-downsizing-make-financial-sense-for-washington-state-public-employees/https://www.lifefocusadvisors.com/money-manna/when-does-downsizing-make-financial-sense-for-washington-state-public-employees/You've worked in the public sector for decades, building your career and your retirement benefits. Now you're looking at your four-bedroom house and wondering if it still makes sense. With your kids grown and your retirement approaching, downsizing might seem like the obvious choice. But the…Thu, 19 Jun 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/protecting-your-nest-egg-a-washington-state-public-employees-guide-to-weathering-market-storms/https://www.lifefocusadvisors.com/money-manna/protecting-your-nest-egg-a-washington-state-public-employees-guide-to-weathering-market-storms/As a Washington State public employee, you've worked hard to build your retirement savings through your DRS pension, Deferred Compensation Program (DCP), and Social Security. But retirement brings a fundamental shift from accumulating wealth to preserving and spending it wisely. This transition from…Thu, 12 Jun 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/legacy-planning-beyond-money-a-guide-for-washington-state-public-employees/https://www.lifefocusadvisors.com/money-manna/legacy-planning-beyond-money-a-guide-for-washington-state-public-employees/As a Washington State public employee approaching retirement, you've likely spent years carefully saving through your DRS pension plan, a DCP account, and Social Security. But have you thought about your complete legacy? More than just financial assets, your legacy includes your values, wishes, and…Thu, 05 Jun 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/combatting-loneliness-in-retirement-a-guide-for-washington-state-employees/https://www.lifefocusadvisors.com/money-manna/combatting-loneliness-in-retirement-a-guide-for-washington-state-employees/After decades of serving the public in Washington State, retirement offers well-deserved freedom. Yet for many DRS members, the transition from a workplace filled with daily interactions to more unstructured days can lead to unexpected isolation.Thu, 29 May 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/test-drive-your-retirement-budget-a-guide-for-washington-state-employees/https://www.lifefocusadvisors.com/money-manna/test-drive-your-retirement-budget-a-guide-for-washington-state-employees/Are you making the most of your retirement planning? As a Washington State public employee approaching retirement, understanding how to test-drive your future budget could save you from financial surprises. Many don't realize the full range of strategies available to ensure their retirement income…Thu, 22 May 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/maximizing-your-social-security-benefits-smart-strategies-for-washington-state-public-employees/https://www.lifefocusadvisors.com/money-manna/maximizing-your-social-security-benefits-smart-strategies-for-washington-state-public-employees/Are you making the most of your Social Security benefits? As a Washington State public employee approaching retirement, understanding how to optimize this important income source could add thousands of dollars to your retirement security. Many don't realize the full range of strategies available to…Thu, 15 May 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/long-term-care-insurance-do-you-really-need-it/https://www.lifefocusadvisors.com/money-manna/long-term-care-insurance-do-you-really-need-it/When planning for retirement, most people think about their investments, pension, Social Security or where they'll live. But there's another important question many Washington public employees approaching retirement should consider: "Do I really need long-term care insurance?"Thu, 08 May 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-magic-number-myth-what-washington-public-employees-really-need-to-know-about-retirement-planning/https://www.lifefocusadvisors.com/money-manna/the-magic-number-myth-what-washington-public-employees-really-need-to-know-about-retirement-planning/"How much do you need to have saved to feel confident in retirement in addition to your pension?"Thu, 01 May 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/beating-inflation-strategies-for-washington-public-employees/https://www.lifefocusadvisors.com/money-manna/beating-inflation-strategies-for-washington-public-employees/"My pension doesn't stretch as far as it used to."Thu, 24 Apr 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/when-health-forces-early-retirement-a-guide-for-washington-public-employees/https://www.lifefocusadvisors.com/money-manna/when-health-forces-early-retirement-a-guide-for-washington-public-employees/"I thought I had another decade to prepare. Now I don't even know where to start."Thu, 17 Apr 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/smart-travel-strategies-for-washington-public-employees/https://www.lifefocusadvisors.com/money-manna/smart-travel-strategies-for-washington-public-employees/"I never thought I'd be sipping coffee in Paris on a government pension."Thu, 10 Apr 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-uncomfortable-truth-about-family-money-in-retirement/https://www.lifefocusadvisors.com/money-manna/the-uncomfortable-truth-about-family-money-in-retirement/"I've spent 30 years being the family safety net, but now I'm terrified I won't have enough for myself."Thu, 03 Apr 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-hidden-truth-about-medical-costs-in-retirement-what-washington-public-employees-need-to-know/https://www.lifefocusadvisors.com/money-manna/the-hidden-truth-about-medical-costs-in-retirement-what-washington-public-employees-need-to-know/When public employees in Washington State approach retirement planning, healthcare costs often remain the most underestimated expense. Many are shocked when they discover the real numbers.Here's a figure that often stops people in their tracks: $165,000.Thu, 27 Mar 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-washington-public-employee-advantage-aging-in-place/https://www.lifefocusadvisors.com/money-manna/the-washington-public-employee-advantage-aging-in-place/"I love my home, but I'm worried about those stairs in ten years."Thu, 20 Mar 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/risk-tolerance-in-your-final-working-years-a-washington-public-employees-guide/https://www.lifefocusadvisors.com/money-manna/risk-tolerance-in-your-final-working-years-a-washington-public-employees-guide/After decades of serving the people of Washington in state or local government, retirement is finally on the horizon. The question many public employees face at this stage is deceptively complex: What should you do with your investments as retirement approaches?Thu, 13 Mar 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/planning-your-forever-home-aging-in-place/https://www.lifefocusadvisors.com/money-manna/planning-your-forever-home-aging-in-place/As Washington state employees approach retirement, one of the most crucial decisions you'll face is where to live during your retirement years. While your DRS pension and DCP savings provide a strong financial foundation, careful planning for your housing needs can help ensure you maintain…Thu, 06 Mar 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/a-critical-estate-planning-guide-for-washington-state-employees-protect-your-legacy/https://www.lifefocusadvisors.com/money-manna/a-critical-estate-planning-guide-for-washington-state-employees-protect-your-legacy/As a CPA and financial advisor serving Washington State and local government employees, I've seen how proper estate planning protects the benefits earned through years of public service.Thu, 27 Feb 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/finding-purpose-after-your-government-career/https://www.lifefocusadvisors.com/money-manna/finding-purpose-after-your-government-career/Don’t get me wrong, I care about your financial plan. But what is more important to me is that you have a plan for finding purpose when you retire. You can be financially secure and looking forward to your retirement, but if you don’t know what you’re retiring to, you will feel lost.Thu, 20 Feb 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-two-year-retirement-countdown-a-washington-state-public-employees-guide/https://www.lifefocusadvisors.com/money-manna/the-two-year-retirement-countdown-a-washington-state-public-employees-guide/As a former city employee, I understand the unique challenges of planning for retirement in public service. These to-dos will help you navigate the crucial final two years before retirement.Thu, 13 Feb 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/when-should-you-start-taking-social-security/https://www.lifefocusadvisors.com/money-manna/when-should-you-start-taking-social-security/Did you know that choosing the wrong time to take Social Security could cost you thousands? As a Washington State employee, you have a unique advantage – your PERS, LEOFF, TRS, or SERS pension gives you more flexibility in this crucial decision than most Americans have.Thu, 06 Feb 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/securing-your-health-in-retirement-a-washington-public-employees-guide-to-smart-healthcare-planning/https://www.lifefocusadvisors.com/money-manna/securing-your-health-in-retirement-a-washington-public-employees-guide-to-smart-healthcare-planning/As a former city employee turned financial advisor, I've seen firsthand how healthcare costs can catch retirees off guard. I’ve learned that successful retirement planning requires a deep understanding of healthcare costs and coverage options. Don’t let your retirement be derailed by unexpected…Thu, 30 Jan 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-hidden-gaps-in-your-pension-and-how-to-fill-them/https://www.lifefocusadvisors.com/money-manna/the-hidden-gaps-in-your-pension-and-how-to-fill-them/I’ve been having conversations with lots of public sector employees lately. One of the biggest concerns that I have been hearing is they are not sure if their pension will be enough for the retirement they’ve envisioned.Thu, 23 Jan 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/preparing-for-the-unexpected-building-and-maintaining-an-emergency-fund-in-retirement/https://www.lifefocusadvisors.com/money-manna/preparing-for-the-unexpected-building-and-maintaining-an-emergency-fund-in-retirement/You've worked hard, saved diligently, and now you're enjoying your well-earned retirement. But even in retirement, life can throw curveballs. An unexpected home repair, a sudden medical expense, or even a once-in-a-lifetime opportunity can strain your carefully planned budget. That's where an…Thu, 16 Jan 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/wepgpo-repeal-what-washington-state-public-servants-need-to-know/https://www.lifefocusadvisors.com/money-manna/wepgpo-repeal-what-washington-state-public-servants-need-to-know/As a former city employee and current financial planner specializing in Washington state public sector benefits, I’ve seen firsthand how the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) have complicated retirement planning for our public servants.Thu, 09 Jan 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/estate-planning-essentials-for-washington-public-employees-protecting-your-legacy/https://www.lifefocusadvisors.com/money-manna/estate-planning-essentials-for-washington-public-employees-protecting-your-legacy/As a Washington state public employee, you've dedicated your career to serving others. Now it's time to ensure that your legacy is protected, and your wishes are honored after you're gone. Estate planning might not be the most exciting topic, but it's crucial for securing your family's future and…Thu, 02 Jan 2025 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/from-full-time-to-freedom-exploring-phased-retirement-options-for-washington-state-and-local-government-employees/https://www.lifefocusadvisors.com/money-manna/from-full-time-to-freedom-exploring-phased-retirement-options-for-washington-state-and-local-government-employees/Are you a Washington state or local government employee dreaming of retirement, but not quite ready to make a clean break from your career?Thu, 26 Dec 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/freedom-from-your-mortgage-is-early-payoff-right-for-your-retirement-as-a-wa-public-servant/https://www.lifefocusadvisors.com/money-manna/freedom-from-your-mortgage-is-early-payoff-right-for-your-retirement-as-a-wa-public-servant/As you approach retirement, you might ask yourself, "Should I pay off my mortgage before I retire?" It's a question that many Washington state public employees grapple with. While the idea of entering retirement debt-free is appealing, the decision isn't always straightforward.Thu, 19 Dec 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/tax-smart-withdrawal-strategies-for-washington-public-employees-in-retirement/https://www.lifefocusadvisors.com/money-manna/tax-smart-withdrawal-strategies-for-washington-public-employees-in-retirement/You've spent your career serving the public and diligently saving for retirement. Now, as you approach or enter retirement, you're faced with a new challenge: how to withdraw your hard-earned savings in the most tax-efficient manner. As a Washington state public employee, you have unique…Thu, 12 Dec 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/balancing-act-managing-market-volatility-in-your-washington-dcp-and-personal-retirement-accounts/https://www.lifefocusadvisors.com/money-manna/balancing-act-managing-market-volatility-in-your-washington-dcp-and-personal-retirement-accounts/As a Washington state public employee, you're building a secure financial future through your pension, the Deferred Compensation Program (DCP), and personal retirement accounts. But with the constant ebb and flow of the stock market, you might be wondering: How can I protect my retirement savings…Thu, 05 Dec 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/hidden-social-security-cuts-what-washington-state-public-employees-must-know-about-wep-and-gpo/https://www.lifefocusadvisors.com/money-manna/hidden-social-security-cuts-what-washington-state-public-employees-must-know-about-wep-and-gpo/Did you know that over 140 different agencies in Washington State don't participate in Social Security(1)?Thu, 28 Nov 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/navigating-the-public-employees-benefits-board-pebb-program-healthcare-options-for-wa-retirees/https://www.lifefocusadvisors.com/money-manna/navigating-the-public-employees-benefits-board-pebb-program-healthcare-options-for-wa-retirees/As you approach retirement, you probably have a lot on your mind. But there's one thing that you shouldn't overlook: your healthcare coverage. The Public Employees Benefits Board (PEBB) Program offers a range of options for Washington state public employees. Let's dive into what PEBB offers and how…Thu, 21 Nov 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/unlocking-the-secrets-to-early-retirement-for-washingtons-public-servants/https://www.lifefocusadvisors.com/money-manna/unlocking-the-secrets-to-early-retirement-for-washingtons-public-servants/Picture this: It's Monday morning, but instead of rushing to beat traffic, you're sipping your coffee and planning your next adventure. No more alarm clocks, no more cubicles. Sound like a dream? It doesn't have to be. As a public employee in Washington, you have a unique opportunity to make early…Thu, 14 Nov 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-shocking-truth-about-long-term-care-what-washington-public-employees-need-to-know-now/https://www.lifefocusadvisors.com/money-manna/the-shocking-truth-about-long-term-care-what-washington-public-employees-need-to-know-now/Picture this: After decades of serving the public in Washington state, you're enjoying a well-deserved retirement. Your pension checks are steady, and life is good. Then, the unexpected happens – you need help with daily activities like bathing or getting dressed. Suddenly, your comfortable…Thu, 07 Nov 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/maximizing-your-washington-state-pension-7-key-strategies-for-a-secure-retirement/https://www.lifefocusadvisors.com/money-manna/maximizing-your-washington-state-pension-7-key-strategies-for-a-secure-retirement/As a Washington state employee, you've dedicated your career to public service. Now, it's time to ensure your pension works just as hard for you in retirement.Thu, 31 Oct 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-hidden-retirement-perks-for-washington-state-public-employees-that-most-financial-advisors-miss/https://www.lifefocusadvisors.com/money-manna/the-hidden-retirement-perks-for-washington-state-public-employees-that-most-financial-advisors-miss/Did you know that as a Washington State public employee, you might be sitting on a gold mine of retirement benefits that even your financial advisor might have overlooked?Thu, 24 Oct 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-4-rule-your-retirement-roadmap-or-just-another-detour/https://www.lifefocusadvisors.com/money-manna/the-4-rule-your-retirement-roadmap-or-just-another-detour/Picture this: After years of careful saving, you're finally ready to retire. You've heard about the famous 4% rule and wonder if it's your ticket to a comfortable retirement. But in today's ever-changing economic landscape, is this rule still the golden standard it once was?Thu, 17 Oct 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/retire-or-re-wire-the-surprising-reality-of-post-retirement-work-for-washingtons-public-servants/https://www.lifefocusadvisors.com/money-manna/retire-or-re-wire-the-surprising-reality-of-post-retirement-work-for-washingtons-public-servants/Imagine this: After 30 years of dedicated service to the state of Washington, you're ready to trade your office chair for a beach chair. But wait – what if retirement isn't quite what you expected? What if there's another way to enjoy your golden years while still making a difference?Thu, 10 Oct 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/going-the-distance-in-retirement-what-you-can-and-cant-control/https://www.lifefocusadvisors.com/money-manna/going-the-distance-in-retirement-what-you-can-and-cant-control/As Washington State employees, you have been in the ring of public service for years. Now, as retirement approaches, it's time to focus on our own financial future. Like Rocky Balboa preparing for a championship fight, understanding what you can and can't control is crucial for a winning retirement…Thu, 03 Oct 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/the-165000-retirement-bombshell-why-washingtons-public-employees-must-act-now-or-risk-their-retirement-years/https://www.lifefocusadvisors.com/money-manna/the-165000-retirement-bombshell-why-washingtons-public-employees-must-act-now-or-risk-their-retirement-years/Imagine this: After decades of serving your community, you're finally ready to retire. You've got plans – maybe travel, spend time with grandkids, or pursue a new hobby. But there's a ticking time bomb in your retirement plan that could blow it all up.Thu, 26 Sep 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/planning-for-longevity-why-you-might-need-to-save-more-than-you-think/https://www.lifefocusadvisors.com/money-manna/planning-for-longevity-why-you-might-need-to-save-more-than-you-think/It's 5:30 PM on a Wednesday. You've just wrapped up another long day of work. As you sit in rush hour traffic on I-5, your mind wanders to thoughts of retirement. The tranquility of Puget Sound, weekends free from email notifications, maybe even that trip to Olympic National Park you've been…Thu, 19 Sep 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/a-hidden-threat-to-your-retirement-ignoring-emergency-savings/https://www.lifefocusadvisors.com/money-manna/a-hidden-threat-to-your-retirement-ignoring-emergency-savings/Picture this: You've diligently saved for retirement for many years. Your 401(k) is growing, and you're on track for a comfortable future. Then, suddenly, life throws you a curveball. A major home repair. An unexpected medical bill. A temporary job loss. In that moment, the retirement nest egg…Thu, 12 Sep 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/mastering-tax-diversification-a-guide-to-smarter-retirement-planning/https://www.lifefocusadvisors.com/money-manna/mastering-tax-diversification-a-guide-to-smarter-retirement-planning/As a financial advisor, I've seen firsthand the unique retirement planning challenges individuals from all walks of life face. Picture this: You're out on a serene fishing trip, pondering whether you have the right lure, where the wind is coming from, and whether I am in the right fishing hole. At…Thu, 05 Sep 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/five-essential-strategies-for-smarter-retirement-investing/https://www.lifefocusadvisors.com/money-manna/five-essential-strategies-for-smarter-retirement-investing/Picture this: You're sitting on a sunny beach without a care. There are no deadlines, no alarm clocks, just pure relaxation. Sounds like a dream, right? Well, that's what a well-planned retirement could look like. But here's the thing - that dream doesn't happen by accident. It takes some thoughtful…Thu, 29 Aug 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/5-retirement-purchases-you-might-regret/https://www.lifefocusadvisors.com/money-manna/5-retirement-purchases-you-might-regret/Retirement is a time many look forward to - a chance to enjoy the fruits of labor. But sometimes, well-intentioned purchases can lead to unexpected regrets. Let’s explore five common retirement purchases some retirees wish they'd reconsidered.Thu, 22 Aug 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/3-tax-mistakes-every-retiree-should-avoid/https://www.lifefocusadvisors.com/money-manna/3-tax-mistakes-every-retiree-should-avoid/Retirement should be enjoyable, not stressful due to unnecessary taxes. Here are three common tax mistakes retirees make and how to avoid them.Thu, 15 Aug 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/retirement-savings-101-how-much-should-you-really-be-saving7955842/https://www.lifefocusadvisors.com/money-manna/retirement-savings-101-how-much-should-you-really-be-saving7955842/Are you wondering how much you should be saving for retirement? You're not alone. This question plagues many individuals, and while there's no one-size-fits-all answer, you can and should develop a plan to ensure you’re saving enough.Thu, 08 Aug 2024 00:00:00 GMThttps://www.lifefocusadvisors.com/money-manna/retirement-savings-101-how-much-should-you-really-be-saving/https://www.lifefocusadvisors.com/money-manna/retirement-savings-101-how-much-should-you-really-be-saving/Retirement planning can feel overwhelming. With all the projections, what-ifs, and complex calculations, it's enough to make your head spin. But what if I told you that you could get a pretty good handle on where you stand by focusing on just three key numbers?Fri, 02 Aug 2024 00:00:00 GMT