The most important objective of your retirement plan is to create reliable income for you and your spouse. For that reason, you need to tap into financial resources that will produce income, in a secure and consistent manner. Read More
How Much Do I Need To Retire?
As society has evolved, retirement has become a more and more complicated idea. Many have chosen to retire at non-traditional different times, changing their career paths and lifestyles at a late age.
The meaning of retirement will likely continue to shift as the fabric of society itself redefines itself. But what does all of this mean for you? Read More
How to Stay Retired
Retirement should last the rest of your life.
Here are some tips on how to stay retired.
If you were to ask soon-to-be-retired Americans what they plan to do during their retirement, you’d probably get a huge range of answers: see the grandkids, travel, start a new hobby.
But if you were to ask those same people how long they would like retirement to last, you would likely get the same answer over and over again: “The rest of my life, of course!”
These are the Golden Years, and you want to spend them doing the things you enjoy at your own pace. After all, no one wants to retire and travel the world for 10 years…only to have to go back to work at the ripe old age of 75.
In short, you don’t just want to be retired, you want to stay retired! Read More
8 Tax Free Investments You Should Know About
“Nothing is certain except death and taxes.” Benjamin Franklin was certainly right about a lot of things over his lifetime. And it absolutely feels like taxes are unavoidable, but are they really? Well, no! There are certain investment types that are completely tax-free.
While you probably shouldn’t be too concerned with dropping the amount of taxes you pay each year down to zero, understanding how your investments can impact your taxes and using that to your advantage is a great way to maximize your money. Read More
Should I Pay Off My Mortgage?
All the financial experts say debt is bad.
Should I pay off my mortgage as early as I can?
Sooner or later, every homeowner begins to dream about the day when they own their home free and clear. No more mortgage payments…extra money each month to invest…what’s not to love?
Even financial experts like Dave Ramsey are known for singing the praises of ridding yourself of any and all debt—including your mortgage.
Whether this is a realistic goal or not, it leaves many homeowners wondering, “Should I pay off my mortgage early?”
Unfortunately, there isn’t a simple yes or no answer, but I can (hopefully) put your mind at ease about getting out of debt. Read More
Women & Retirement: Facing the Issues
March is Women’s History Month and, because of that, we’d like to highlight some opportunities for women to manage their path towards retirement.
Just like a properly organized playbook for a big game, a great strategy will help nearly anyone through the difficulties they may face in both preparing for retirement and staying retired. Read More
Money Tips For Single Income Families
Living on one income doesn’t necessarily mean sacrificing what’s most important to you. By planning and saving smartly, single income families like yours can reap benefits now and later.
Having kids, paying for college, financing a home, and paying for retirement are all within reach when you follow a few simple steps.
Financial Tips I Wish I’d Known Sooner
Did you know that a whopping two in three families don’t have an emergency savings fund? Is it any wonder, then, that over half (53%) of adults feel financial anxiety?
These statistics are even more relevant in 2021. With the worldwide pandemic and global financial instability, we have a lot to lose. Are you feeling particularly anxious due to your finances this year?
If so, then the following financial tips are for you. Read on to learn some awesome finance facts that you’ll wish you’d known sooner! Read More
Why and How to Retire Early
Are you faced with (or hoping for) an early retirement?
Then you’ll want to do your homework to learn how to retire early without hurting your finances.
According to a study from the Employee Benefit Research Institute, nearly 50% of workers plan on retiring after the age of 65 to collect maximum social security benefits. However, only 19% end up staying that long.
Most of the time, early retirement can be attributed to unexpected events such as poor health, economic downturn, loss of employment, or family issues. However, with the right planning and budgeting, you can retire early on your own terms. Read More
Are Annuities Worth It?
Most financial advisors either love them or hate them.
Are annuities the right retirement option for you?
Are you planning for retirement?
If so, you may be thinking, “How do I convert that money I set aside during my years of work into ongoing income?” The financial industry does not suffer from a lack of choices when it comes to investments and, quite often, annuities can be an appropriate option in retirement.
Yet probably no product in existence generates so many reactions as annuities.
Before you invest in them, however, there are many different things to consider. Keep reading to learn more about what annuities are, the types of annuities, and how to determine if it’s a good investment for your future. Read More
