Retirement
While saving is a fruitful habit to cultivate early in your career, the last 10 to 15 years before you are set to retire are especially important. With timely retirement planning you will have a clearer idea of your financial goals and have adequate time to make any needed adjustments. Consider these six useful retirement […]
Property taxes pay for municipal services such as fire and police, schools and the salaries of civil servants. How much you pay depends on numerous factors like nearby corporate tax rates and housing values. The average American pays about $3,500 in property taxes annually, a 4% increase from the year before. New Jersey homeowners pay […]
If you haven’t begun saving for retirement, you should start today. Your future depends on it. And how much money you have does not matter as much as how you save and spend it. What matters most is strategically saving as early as possible for your future retirement. It doesn’t matter how much money make […]
It can feel unsettling to look at your retirement account and wonder if it will stretch far enough. Many older Americans share this worry, especially when they realize they may only have a decade or so before they stop working full time. The good news is that it’s rarely too late to take meaningful steps […]
Retirement brings more than freedom from the nine-to-five routine. It opens the door to explore new interests, build fresh connections, and stay mentally sharp. Many older adults find that working a few hours a week helps structure their days in meaningful ways. Small jobs can also bring a sense of purpose and connection that many […]
As an investor, you may have multiple 401(k) or IRA accounts, or perhaps some of your retirement savings are parked in taxable accounts. Having multiple investments accounts can make it difficult to track and evaluate the growth and performance of your investment portfolio. Retirement tracking and planning apps offer projections and reports, based on simulations […]
Inflation is like rust, an endless, tireless gnawing at the purchasing power of your dollars. Over half of Americans are struggling with retirement and inflation has a lot to do with it. Fixed incomes are not usually adjusted to the inflation rate or adjust at a very low historic rate. If there are intermittent spikes […]
Retiring early is a dream for many people who want to enjoy their lives without the constraints of a full-time job. If you’re considering early retirement, there are several signs that suggest you may be able to retire sooner than the traditional age of 65. If you’re exhibiting these signs, you may be on track […]
Retirement may be more of a fantasy than a dream for many Americans. Less than 36% of Americans believe that they are prepared for retirement or are on the right track. Here are four ways to save for retirement that is a decade away. IRA catch-up contribution An IRA, or individual retirement account, lets workers […]
Retirement can become an unreachable dream when unmanageable debt becomes a nightmare. More than 61% of elderly Americans owe $31,000 or more in various debts. In 1989, the average retiree owed about $7,500. If you don’t eradicate debt before retiring, then retirement can become a self-defeating effort. Here are three ways to reduce debt years […]
