Retirement Planning Tips and resources that everyone can use

retirement 401k tipsMoney Conversations

When you are in a close relationship, it can be easy to put off talking about money with your partner. Even if you’re anxious about your financial situation, it’s important to be open to discussing it. It is possible to work toward multiple goals at once, such as saving for retirement and paying down student debt, but both partners need to be on the same page. Just because the conversation may be uncomfortable, it doesn’t mean it shouldn’t happen.


When does it make sense to work with an accountant?

Some only contact a CPA once a year, when preparing a tax return. But checking in with a knowledgeable CPA before taking money from your retirement account — or a traditional or inherited IRA — may help you avoid poorly timed withdrawals that may increase your taxable income, or the taxes you pay on your Social Security benefits. Hiring a tax advisor can ultimately save you a lot of money over the course of a retirement that can last 30 years or more.

Quarterly Reminder

Are you getting good value from your fund investments?

Each quarter, you should receive information in a statement from your plan administrator about the fees and expenses charged to your plan. This fee disclosure is designed to help you assess the value you receive by participating in your plan, and to help you compare your investment options on an apples-to-apples basis. This “plan-level” and “investment-level” disclosure information is required to be posted on a publicly accessible website. Check with your plan administrator if you have questions.

Tools & Techniques

Life has unexpected expenses: car or appliance repairs, for example. It may be helpful to create a rainy-day fund in a separate checking account for small financial shocks like these, and an emergency fund, which should have enough to cover an unexpected job loss or serious family health issue. Many financial experts recommend setting aside as much as 9 months of living expenses to keep you afloat during emergencies, but you can certainly start smaller, with a goal of socking away 2 months of salary.

Corner on the Market

Basic financial terms to know

Bond – is a security, generally issued for a period of more than 1 year, that is used to raise capital by borrowing from a lender. The U.S. and foreign governments, states, cities, corporations, and many other entities sell bonds. Bonds generally pay a stated rate of interest over a specific period of time, and issuers promise to pay that interest along with a return of the investors’ principal when the bond matures.


Meet with a Financial Advisor

Next Step: Speak to Erick, a 401(k) Advisor

Let's meet to review your Financial Plan.
Meet with a Financial Advisor


This material was created for educational and informational purposes only and is not intended as ERISA, tax, legal or investment advice. If you are seeking investment advice specific to your needs, such advice services must be obtained on your own separate from this educational material.

Kmotion, Inc., 412 Beavercreek Road, Suite 611, Oregon City, OR 97045;

© 2019 Kmotion, Inc. This newsletter is a publication of Kmotion, Inc., whose role is solely that of publisher. The articles and opinions in this newsletter are those of Kmotion. The articles and opinions are for general information only and are not intended to provide specific advice or recommendations for any individual. Nothing in this publication shall be construed as providing investment counseling or directing employees to participate in any investment program in any way. Please consult your financial advisor or other appropriate professional for further assistance with regard to your individual situation.

Tracking #1-890255