Resources
Avoiding Common Retirement Planning Mistakes
Planning for retirement is one of the most important financial milestones in life. But even with the best intentions, many retirees and pre-retirees fall into traps that can undermine decades of hard work. In the evolving landscape 2025, with increasing longevity,...
Understanding Home Equity in Retirement: A Guide
For many retirees, a home isn’t just a place to live—it’s one of their most valuable assets. As you move through retirement, especially in high-cost area, tapping into your home equity can be an option for covering major expenses, supplementing income, or preparing...
Truth About Annuities in Retirement: Are They Right for You?
With retirement on the horizon or already underway, creating a reliable, long-term income strategy is essential. One financial product often at the center of this discussion is the annuity. While some see annuities as a reliable source of guaranteed income, others...
How to Reduce Taxes in Retirement: Tips for 2025
Planning for retirement is about more than just building retirement savings—it’s also about protecting your income with the help of a tax advisor from excessive taxation, especially concerning individual retirement accounts. Many retirees are surprised to find that...
Is a Roth IRA Conversion Right for You?
IRA conversion can be one of the most powerful tools in your retirement planning toolkit—but it's not right for everyone. In the right circumstances, converting traditional retirement funds into a Roth IRA can provide tax-free income, estate planning benefits, and...
The Guide: Managing Required Minimum Distributions
As retirement approaches, many individuals focus on savings, investments, and income planning. However, one crucial aspect often overlooked is required minimum distributions (RMDs). For retirees in 2025, understanding and managing RMDs can mean the difference between...
Maximize Social Security Benefits: Smart Retiree’s Guide
Social Security benefits play a crucial role in retirement planning, providing a steady income stream for millions of retirees. However, many individuals leave thousands of dollars on the table by not optimizing their Social Security strategies. At TruNorth Advisors,...
Best Investment Strategies for Retirees in 2025
Retirement is a time to enjoy the rewards of decades of hard work, but ensuring financial security requires smart investment strategies for a robust retirement portfolio. With market fluctuations, inflation concerns, and evolving tax laws, retirees in 2025 need a...
Estate Planning for Retirees: Ensuring Legacy Stays Intact
Retirement is often seen as the finish line of a lifelong financial journey, but it is also the beginning of a new chapter—one where preserving and transferring wealth becomes paramount. Estate planning for retirees is not just about drafting a will; it's a...
The Role of Life Insurance in Retirement
When planning for retirement, many people focus on investments, Social Security, and savings accounts. However, life insurance in retirement is often overlooked as a key financial tool. While its primary purpose is to provide financial protection for loved ones, life...