retirement

What if I told you that there was a way for you to spend more money in retirement without increasing your risk of going broke? Would you be interested? Well, the good news is that you can. The bad news is that you have to be flexible. Let me explain. Earlier this year, the popular finance...

As retirees and those entering retirement start to shift gears from earning to harvesting it can be an intricate field to navigate. There may be complexities for individuals when it comes to commonly analyzed items such as Social Security maximization or portfolio performance. However, some...

Forty-five years ago, President Jimmy Carter signed the Revenue Act of 1978. The act was designed to reduce the tax burden on individuals and corporations by widening the tax brackets… reducing taxes on capital gains… and introducing flexible spending accounts. But the biggest...

As we enter into the circus and media storm of the 2024 election, retirees and those planning for retirement have a vested interest in understanding how potential changes in tax rates could affect their financial outlook. This article aims to shed light on the possible implications of the upcoming...

As you look to transition from active investing and into harvesting retirement income, there are numerous changes in retirement planning that you should be aware of. The ever-changing landscape can be overwhelming, with headlines capturing attention but often failing to provide a clear...

Are you looking to make the most of your retirement money? With so many options available, it’s easy to get overwhelmed and feel lost when considering where best to invest. One potential solution people are turning to is rental homes as investment properties. The best part is, it can be...

Of all the truisms about investing that Warren Buffett has come out with over the years, perhaps the most important one for investors to understand is this: “Risk comes from not knowing what you’re doing.” Most investors, including many professionals, are simply unable or...

As people near the age of retirement, one frequent consideration is whether or not to move to a new state that is most friendly for retirees. A new study uses a variety of factors to determine the best states for retirees. What Happened: Benzinga recently shared the results of a study that...

What if I told you that your million-dollar 401(k) might not be your ticket to a dream retirement? Don’t believe me? Let me explain. The 401(k) And Its Purpose A 401(k) is a defined contribution employer sponsored retirement plan which you can contribute to for retirement. It was created as...

Add up the market valuation of Apple Inc., all the cryptos in the world and entrepreneur Jeff Bezos’s fortune, and you get to over $3 trillion. But one 80-year-old man has created something bigger than all three of these combined. These days, he shuns the spotlight and lives on a modest farm...

Imagine reaching your 60’s and realizing you cannot afford to retire - what would you do? This is the unfortunate reality for many across the world.It doesn’t need to be you if you focus on the most valuable asset you have. No, it isn’t your money. It is your time. Being in your...

Ramit Sethi recently tweeted: Making the single decision to increase your savings rate and investment rate by 1% each year will make you more money than all the coffee you will ever buy in your lifetime, combined. Focus on $30,000 questions, not $3 questions. In response, Meg Bartelt ...

By all accounts, Drew Lee isn’t a typical millennial in his age group.  While the average person under the age of 35 has a net worth of $76,000, Lee has a net worth nearly seven times that. In less than 10 years, the 32-year-old Pittsburgh native has increased his net worth to $530,000...

Jackie Cummings Koski never earned more than $80,000 per year, yet was able to retire at 49 with $1.3 million in savings and investments. Koski, now 51, is a member of the FIRE movement (Financially Independent, Retire Early). But she wasn’t always so wealthy. She and her five siblings were...

The golden rule of retirement used to be $1 million. The belief was, if you retired at age 65 and lived until age 84, then $1 million will probably be enough retirement savings for you. That number was once a symbol of extravagant wealth. However, $1 million is now the retirement savings goal for...