If you’re like most people who think about retirement, you probably imagine traveling in your golden years. Before you browse Acapulco websites and whip out the credit card to buy your ticket, make sure your finances can handle your trip.
Now more than ever you must explore every detail of potential income for your golden years. Sometimes that takes a little legwork, the right questions and a willingness to admit that you don’t know the answers.
Cleaning up personal finances remains one of the top resolutions every New Year’s. We all know what happens to most such self-promises, so here’s a month-by-month to-do list to cultivate better financial health.
Too often in the world of wealth management, estate planning is about splitting up the money after people are gone. I think this is too bad. For me, leaving a legacy of wisdom and love is more important than leaving money.
Your Social Security benefits may turn out to be the flagship of your retirement income. Filing for benefits even a few months late or early, though, and you can significantly increase – or cut – your income. Here’s what to know and how to avoid tripping up.
Sunday night blues are not exclusive to workers. Retirees have them, too, because of the overwhelming free time during the weekdays. Finding things that keep you active and happy is the key to an enjoyable retirement.
The state of Americans’ retirement savings is unsettling. Too many people in middle-class America do not set anything aside for their retirement, nor have a healthy attitude toward it. If you’re asking yourself “Could this be me?” then it’s time to take a hard look at your retirement planning.
Retirement is one of the biggest life changes you ever make. Think through all the smaller changes also likely to happen to you. Be prepared before the big day comes.
Our first article looked at how a 50-something husband and wife stood nearly a 92% chance of retiring comfortably – and early. An optimistic financial plan for long golden years started with such basics as the couple’s income, travel plans and investments. Where to go from there?
Retire early with seven figures socked away? A million bucks isn’t what it used to be to live a lengthier-than-normal stretch of golden years. Here are some tips to better your odds.