There’s no reason why your retirement planning shouldn’t run smoothly, as long as you’re well informed. If you’re not, don’t worry, just scroll through our website and you’ll find any kind of information you could possibly need and think of! This article falls in the category as well, because each year, we try to understand …
10 Unexpected Threats to Your Retirement in 2022 Read More »
Did you know that in 2020, only half of Americans have calculated how much money they need to save for retirement? Also, did you know that more than a quarter of private industry employees with access to a defined contribution plan, like 401(k) plan, didn’t participate? Even though the average American spends roughly 20 years …
10 Secrets about Retirement Your Government Doesn’t Want You To Know Read More »
Many retirees are diversifying their income from a variety of sources, such as Social Security and personal savings. It’s very important to consider diversifying it, in case one of your benefits won’t work out as planned. This kind of mentality where you thoroughly plan ahead any possible outcome has nothing to do with negativity, but …
After serving your country for such a long time in the Army, Navy, Air Force, Marine Corps, or even Coast Guard, it is only natural that you would want a change of scenery. The first question that pops into your mind should be where you should move. Pondering such a big decision, there are many …
10 Military Communities Where Vets Can Happily Retire Read More »
Original Medicare or Traditional Medicare, also known as Medicare Part A and Part B, covers a big portion of any medical expense you might have after you turn 65 years old. Part A targets hospital insurance and it helps you pay for inpatient hospital stays, or stays in skilled nursing facilities, hospice care, or surgery. …
If you consider moving to another state in retirement, you’ll have to take into consideration lots of things. The climate, proximity to family and friends, access to quality health care, are only the basic examples of everything you need to know. Also, the total state and local tax burden on a specific place can cost …
The big-box retailer is the perfect place to find a good deal, especially for retirees. Although not all of them might look to fill up a pantry or closet with food, there are many reasons to buy from Costco. Plus, let’s not forget that boomers really love to shop. And to be more specific, older …
11 Things Retirees Should Buy ONLY at Costco (And Why) Read More »
Retiring as a millionaire might be a dream we all share, in one way or another. While a million dollars isn’t what it used to be, that level of comfort would make retired life better for many. Yes, it might seem impossible for many of us, but it isn’t. This goal is as achievable as …
There are many people that are close to retirement age who are looking forward to escaping the demands of a working schedule as soon as possible. If you’re one of them, you need to keep reading this article. Whether you’re a “Financial Independence, Retire Early” (FIRE) proponent or just a person looking to retire earlier, …
5 Things You Need To Do if You Want To Retire at 62 Read More »
Once you turn 50, and especially after the age of 65, you can expect some extra tax breaks. Older people will benefit from a bigger standard deduction, and they can earn more before they have to file a tax return. Those who are still working over 50 can also avoid taxes on more money, by …
If you lead your duties with loyalty in the military for many years or even decades, when you step back into civilian life, you’ll enjoy many retirement benefits. The perks will come in many different forms. This might include a pension, health coverage and disability benefits. The amount you’ll receive will vary, depending on the …
Retiring From The Military? See How Much Money You’ll Get Read More »
Deciding to retire in a warm, and sunny place isn’t for everyone. Even so, there are many people who would dream of living under a sunnier sky. The good news is, there are lots of attractive options. To make things easier for you, AARP did a little research and found 10 great places where the …
For some of us, spending our days with our toes in the sand might be the best scenario we could possibly dream of. Especially during retirement, when we’re supposed to have prepared everything for our comfort and peace. In order to enjoy all that, there are lots of things to take into consideration when it …
10 Beach Towns That Are Perfect For All Retirees Read More »
In 2020, American retirees were collecting an average monthly Social Security payment of $1,503, which is basically $18,036 a year. That’s hardly enough to be able to afford a decent life, given the fact that health care costs can reach the sum of $13,000 per year. So, the logical question would be: How much does …
11 Countries to Retire Where $150K Is More Than Enough Read More »
Since 1935, when it was officially signed, Social Security has been in charge of providing a financial foundation for our nation’s retired workers. Nowadays, more than 65 million Americans receive a monthly payout, approximately 72% of which are retired workers. Even more, nearly 22 million citizens have gotten out of poverty each year thanks to …
