BROWSE OUR BLOGS TO LEARN MORE ABOUT CURRENT ECONOMIC NEWS, RETIREMENT TIPS, AND INFORMATION TO HELP YOUR FINANCIAL PLANNING!
Is it Time to Consider Annuities?
One financial tool your retirement toolbox might be missing is annuities. When it comes to designing a retirement plan that works for your situation, it’s important to know what an annuity is and how it can work for you. Before we get into the technical stuff, let’s just say what an annuity might do for you. An annuity can provide [...]
How to Address the Question: “Do You Have Enough Saved for Retirement?”
A common question when it comes to retirement is, "How much do I need to have saved to live comfortably?" You're probably asking yourself that question all the time. It might even be something that causes you a lot of anxiety. You don't want to have to work into your 70s or even your 80s, so how can you be [...]
Don’t Mess Up Your Social Security!
Are you chomping at the bit, waiting to get to 62 so you can claim Social Security? Are you dreaming of all the things you’ll do with that “free money”? Well, it might be time for a reality check: Claiming at 62 might be a bad idea. The basic rule of Social Security is that the longer you wait to [...]
Why You Should Examine Your Risk Tolerance Before Retiring
When planning for retirement, the common advice is that you should adopt a less risky investment approach as you get closer to retiring. Is this always the best advice? Could there be circumstances where it is beneficial to maintain an aggressive stance on your retirement investments even as you are nearing retirement? Is it possible that adopting a high-risk, high-return [...]
2 Big Risks for Wealthy Retirees
Even when your finances are in a stable place, or even if you're fairly affluent, retirement can still present unexpected challenges! There are plenty of factors that well-off retirees often overlook due to their financial comfort. But don't fall into the trap of overlooking the risks of tomorrow just because you're doing well today! Here are a couple risks wealthy [...]
Common Financial Mistakes Your Kids Might Be Making
As you near your golden years, you might notice your children are carving out their career paths. Their financial goals might be taking shape, but they may lack the financial wisdom you've gathered over the years. Here are a few common monetary missteps they might be making and why it matters to you: Lack of an Emergency Fund Young adults [...]
New Year’s Financial Resolutions for Pre-Retirees
People tend to make resolutions as the new year approaches to better themselves in the coming year. A common occurrence is that one might set the bar too high and not achieve what they want. So, think about how that relates to your finances. Are you unhappy with how last year went regarding your finances? Are you concerned about the [...]
Is Downsizing Your Home a Smart Option for You?
Retirement ushers in a new phase of life, often characterized by significant lifestyle changes. One such change that many seniors contemplate is downsizing their homes. While this decision has numerous benefits, it's essential to understand the costs involved, the emotional implications of moving, and possible health concerns. Consider the Costs of Selling Selling a home involves various expenses that you [...]