Madalina Mihai

9 Social Security Secrets to Maximize Your Benefits in Retirement

Whether Social Security benefits will be your key source of income in retirement or an important supplement to your retirement income, it’s important to know the ins and outs of Social Security in order to make the most of your benefits. That being said, here are 9 essential things that will help you optimize your benefits …

9 Social Security Secrets to Maximize Your Benefits in Retirement Read More »

1 23 ... 5»

6 Things that Might Happen to Social Security if Trump Gets Reelected

For millions of Americans, Social Security is a major source of income, if not their primary one. Come the presidential elections in November, the program might suffer certain changes, not necessarily in favor of the beneficiaries, especially if President Trump gets reelected. Curious to know why? Then read on to find out six things that …

6 Things that Might Happen to Social Security if Trump Gets Reelected Read More »

1 23 ... 7»

6 Golden Rules to Generate Passive Income from Real Estate Investments

Investing in rental properties is a popular and effective way to make passive income without affecting your main job. In fact, it can help you retire earlier (should you choose to do so), boost your retirement nest egg and achieve your financial goals faster. In order to enjoy the full benefits of a steady real …

6 Golden Rules to Generate Passive Income from Real Estate Investments Read More »

1 23 ... 7»

9 Easy Ways to Gradually Transition into Retirement

Flexible retirement If you want to make your transition from a full-time job to a comfortable and pleasant retirement, then “ripping off the band-aid” is not always the best way to do it. Working 40 or more hours per week and then abruptly stopping altogether will only make things more confused. To ease your way …

9 Easy Ways to Gradually Transition into Retirement Read More »

1 23 ... 6»

10 Retirement Myths You Need to Stop Believing Right Now

Your idea of ‘golden years’ might not reflect reality After long years of hard work, a hectic schedule and lots of stress, you’re undoubtedly waiting for the day to leave the workforce and just enjoy tour newfound freedom. But before you get too excited, you should “be prepared for the fact it’s not going to …

10 Retirement Myths You Need to Stop Believing Right Now Read More »

1 23 ... 9»

10 Low-Cost Waterfront Places for a Perfect Retirement

What’s not to like about retiring somewhere on or near the water? You get to enjoy the calming atmosphere, the spectacular water views and the myriad of outdoor activities such as boating, fishing, swimming, bird watching and the like. Unfortunately, that kind of lifestyle doesn’t come cheap. Luckily, we’ve rounded up a list of low-cost …

10 Low-Cost Waterfront Places for a Perfect Retirement Read More »

1 23 ... 6»

10 Ways These 3 Virtual Assistants Can Improve the Lives of Seniors

THE AGE OF VIRTUAL ASSISTANTS IS HERE If you think that smart devices such as Cortana, Alexa, and Google Home have been designed for the tech-savvy millennials, you’ll be surprised to know that mid-life and older Americans are also embracing the technology, maybe now more than ever. It’s no wonder that seniors have started accepting …

10 Ways These 3 Virtual Assistants Can Improve the Lives of Seniors Read More »

1 23 ... 12»

10 Most Important Retirement Age Milestones You Need to Consider

Age is just a number but when it comes to planning for your retirement, it’s certainly not a meaningless one. Your age plays a huge part in what benefits you can receive from Social Security and what strategies you need to adopt in order to avoid retirement account penalties. Next time you plan for retirement, …

10 Most Important Retirement Age Milestones You Need to Consider Read More »

1 23 ... 11»

20 Smart Strategies to Boost Your Savings and Retire Rich

Picture this: You’re on the beach, lying in the sun and sipping on a cocktail. Or maybe you’re in your cozy home, enjoying your newly discovered hobby, taking long morning walks and spending quality time with friends. If you’re constantly dreaming about retirement, you’re not the only one. But in order to make your retirement …

20 Smart Strategies to Boost Your Savings and Retire Rich Read More »

1 23 ... 21»

10 Retirement Financial Milestones You Need to Achieve by Age 50

As you approach another one of your birthday milestones, you should take a minute to reflect on how your needs will change together with your age. But don’t let that scare you! The big five-O is just another sign you’ve matured and ready to move on to your next stage of life. So, instead of …

10 Retirement Financial Milestones You Need to Achieve by Age 50 Read More »

1 23 ... 11»

12 Smarter Options You Should Try Before Raiding Your Retirement Funds

No one likes to dip into long term savings, but the financial prospects for many families are turning bleaker and bleaker by the day because of the coronavirus pandemic. To get through the financial crisis, it might be tempting to turn to the largest available piggy bank, which for many people is their 401(k) plan. …

12 Smarter Options You Should Try Before Raiding Your Retirement Funds Read More »

1 23 ... 13»

8 Crucial Things Most Retirees Don’t Know About Taxes in Retirement

After long years of hard work, you just want to sit back, relax, and enjoy your hard-earned money. Unfortunately, life gets in the way, or better said taxes. If you know the ins and outs, you can successfully claim your Social Security benefits and make withdrawals from IRAs and 401(k)s without having to pay taxes …

8 Crucial Things Most Retirees Don’t Know About Taxes in Retirement Read More »

1 23 ... 9»

11 Smart Ways to Save $1 Million for Retirement on a $50K Salary

After long years of hard work, you’ve certainly earned your right to a happy retirement. You may have already started daydreaming about it. But in order to make those dreams come true, there are a few smart things you need to do as soon as possible to make sure you build your retirement fund and …

11 Smart Ways to Save $1 Million for Retirement on a $50K Salary Read More »

1 23 ... 12»

13 Things That Might Make It Harder for You to Retire at 65

Sixty-five has long been the age associated with retirement. But this goalpost most workers have worked toward has suffered slight changes in the past years, with 25 percent of adults aspiring to retire at the age of 65 and almost 40 percent expecting to retire after this age. Even if many Americans look forward to …

13 Things That Might Make It Harder for You to Retire at 65 Read More »

1 23 ... 14»

22 Ways to Protect Your Retirement From a Possible Recession

A downturn in the market can seriously affect your retirement savings. Take, for example, the 2008 crisis when Americans lost around $2.7 trillion from their defined contribution plans and IRAs, according to reports of the Urban Institute. With clear signs that the US economy has slowed amid the COVID-19 crisis, we might be on the …

22 Ways to Protect Your Retirement From a Possible Recession Read More »

1 23 ... 23»