Baby boomers entering their “second acts” should think about these matters. Retirement is undeniably a major life and financial transition. Even so, baby boomers can run the risk of growing nonchalant about some of the financial challenges that retirement…
With only a few months left of 2022, take this moment to make sure your financial calendar is updated so you don’t miss any upcoming due dates. Planning for the future can be a stressful and challenging process, but…
What you need to know about mandatory retirement account withdrawals. If you are approaching your seventies, get ready for required minimum distributions. You may soon have to take RMDs, as they are called, from one or more of your…
Scamming is a regular occurrence on platforms like Facebook, and your real friends could be fake on social media. Social media and messaging apps are a great way to keep up with friends and family, but they can also be…
Why a Health Savings Account might be right for your retirement journey. If you have the chance to open a Health Savings Account (HSA), you might want to take a look. An HSA is a tax-advantaged account that you…
Retiring suddenly can be overwhelming. Try living as a “retiree” for a month or two before you commit to leaving your career. Imagine if you could preview your retirement in advance. In a sense, you can. Financially and mentally,…
Even those who have saved millions must prepare for a lifestyle adjustment. Retirement can be surprisingly stressful. You’re trading the familiarity and stimulation of a past life for an unstructured life of redefinition. Entering retirement not only alters your…
Why are they made again and again? Common mistakes that plague start-ups, family businesses, corporations, and charities seem impossible to avoid. But here’s the catch: mistakes are a fact of life, as stated by Nikki Giovanni, an American poet.…
2022 brings new life expectancy tables. For the first time in nearly 20 years, the IRS has released updated actuarial or life expectancy tables. Those who take required minimum withdrawals (RMD) from retirement accounts may already know we use…
Certain financial & lifestyle choices may lead you toward a better future. Some retirees succeed at realizing the life they want; others don’t. Fate aside, it isn’t merely a matter of investment decisions that makes the difference. There are…