Retirement
Did you just turn 50? Then you have a lot to plan for the future. And if you haven’t started planning or saving for retirement, you need to start now. More than 55% of Americans say they plan to work throughout retirement because they think they haven’t prepared enough for it. Consult a professional financial […]
Retirement is a time to relax and enjoy life, but it doesn’t have to come with a hefty price tag, especially when it comes to foreign travel. With careful planning and budgeting, it is possible to travel the world without breaking the bank. Here are five ways to lower your cost of foreign travel in […]
Retirement planning should ideally begin from the day you have your first job. However, even if you have made no special financial preparations for your retirement, you could still start on plan while retirement is just 15 years away. Consider the following steps to fortify your retirement plan over the next 15 years. Take stock […]
Retirement should be a time to relax and experience the good things of life that you probably missed when you were working full-time. However, to have a truly good time during retirement, you should know how to generate steady income from your retirement savings. Consider the following four strategies for more predictable cash flows during […]
It’s normal for investors, especially those close to retirement age, to worry about fluctuations in the market and how it will affect their 401(k) plans. And while there’s no way to avoid market volatility, there are a number of steps you can take before, during and immediately after a crash that will help you sustained […]
Retirement should technically be a wondrous time of life where you stop living to work and start working on living. However, retirement in real life is nothing like the pop-culture depictions of retirement that we are used to seeing. Retirement is a journey, not a goal. It is an elderly lifestyle funding account that must […]
A growing percentage of people with unmanageable debt or student loan debt are senior citizens. A recent Georgetown University study documented the cultural and financial fallout of elderly debtors. The number of people aged 60 and over with student loan debt numbered 700,000. That estimate later exploded to over 2.8 million. In a single year, […]
Retirement income is usually generated from three key sources: IRAs and other retirement plans, Social Security benefits, and returns on savings and investments. Based on how much you earn during retirement, you may consider these time-tested tax strategies to maximize your financial advantage. Choose a tax-friendly destination to retire One of the simplest and most […]
Social Security benefits are an important source of income for many retirees. It is essential to know how much you are eligible to receive in benefits and the various options available to you for taking those benefits. In this blog, we will discuss how to find out your personal Social Security benefits and the options […]
The vast majority of people save money to become financially secure when they retire and have no source of work income. If you want your retirement savings to produce a consistent income that beats inflation, while still meeting your risk tolerance goals, here are five time-tested investment strategies you should consider. Total return portfolio A […]
