When you’re in your 40s, you may have a lot of things on your mind — paying the mortgage, funding your kids’ college accounts, and making sure your teenagers actually get home for curfew like they’re supposed to. You may […]
In Your 40s? 3 Things to Know About Social Security Read More »
A lot of people push themselves to save money aggressively during their working years so they can kick off retirement ahead of schedule. And if the idea of early retirement sounds good to you, you may be maxing out your
3 Unexpected Problems With Early Retirement Read More »
There’s a reason 62 tends to be a popular age for claiming Social Security. It happens to be the earliest age you’re allowed to sign up. Most seniors are aware that if they file for Social Security at 62, they’re
I Used to Say Claiming Social Security at 62 Was a Bad Move. Here’s Why I Was Wrong. Read More »
A tumbling stock market has many Americans worried about their retirement portfolios. And if you feel similarly, that’s quite understandable. Even if you’ve been through a stock market downturn before, it can be extremely difficult to sit back and watch
The Stock Market Is Plunging. Should You Keep Funding Your Retirement Account? Read More »
Many Americans are woefully unprepared for retirement. An estimated 20% of those 50 and over have nothing saved for retirement at all, reports AARP. But if you don’t manage to build up a retirement nest egg, you may reach a
3 Reasons to Choose a Roth 401(k) for Your Retirement Savings in 2025 Read More »
It’s an important move to make. The end of the calendar year is a good time to assess your financial situation and make a plan for the new year. And while it can be challenging to find time for number
If You’re on Social Security, Do This Before Dec. 31 Read More »
Your future self will thank you. The median retirement savings balance among Americans aged 65 to 74 is $200,000, according to the Federal Reserve. But ideally, you’ll kick off your retirement with a larger nest egg than that. In fact,
1 No-Brainer Retirement Savings Move That You’ll Thank Yourself for Later Read More »
You may be squandering an opportunity without realizing it. Healthcare expenses are almost unavoidable — we all have to grapple with them at times. But thankfully, there are ways to set money aside for those bills in a tax-advantaged manner.
It’s a move that could spare you from long-term financial stress. One nice feature of Social Security is that it gives you a choice about when to sign up. You can claim your benefits as early as age 62 if
It’s important not be to kept in the dark. If it weren’t for Medicare, millions of older Americans today would struggle to have their health-related needs covered. But unfortunately, because Medicare is a complex program consisting of different parts, a
3 Things Too Many Retirees Don’t Know About Medicare Read More »
