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 »
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 »
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 »
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 »
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 »
Nobody wants to be poor in retirement, especially not after a lifetime of hard work, planning and preparation. Even if your retirement plan seems bulletproof, some things could still affect it in more ways than you’ve ever expected. To make sure you live the retirement lifestyle of your choice and don’t outlive your retirement savings, …
10 Warning Signs Your Retirement Will Cost More Than Expected Read More »
When it comes to desirable locations to spend your golden years, Florida is the Mecca of retirement. While it’s true that the Sunshine State offers plenty of rest, relaxation and active outdoor opportunities, other states such as Hawaii, Colorado, North Carolina or Oregon, are also worth considering. Discover why with our breakdown of the best …
10 Best Spots in the U.S. to Spend Your Retirement Years Read More »
Planning for retirement can be quite challenging and daunting. You have to factor in elements such as your salary, debts, expenses as well as life expectancy, which by the way is higher than it used to be and find a way to achieve your retirement goals. Timing, opportunity and moderation are also key elements of …
15 Planning Mistakes That Can Hurt Your Retirement Read More »
