With an appropriate strategy, you may be able to reduce taxes on your retirement savings. Although financial services professionals don’t give tax or legal advice, a U.S. News and World Report article, 10 Ways to Reduce Taxes on Your Retirement Savings has some good information. Contribute to your 401(k) Simply […]
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Unfortunately, some people will be confronted with the challenge of losing their job shortly before theyplan to retire. It can certainly be a scary development, but one of the most important things you can dois not panic. A Kiplinger article, 4 Steps to Take if You Lose Your Job Near […]
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Given that we’re increasingly becoming a cashless society, the question of how much cash we should keep on hand is difficult to answer. A U.S. News and World Report article, How Much Cash Should I Keep on Hand, has some insights that may help you determine how much money you […]
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We believe it’s perhaps one of the most common question that retirees ask financial services professionals: How do I make my money last for my lifetime? An AARP article, 5 Tips to Make Your Money Last a Lifetime has some recommendations that many of you may find useful. Save enough […]
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As 2022 heads to the finish line, those receiving Medicare benefits have received a dose of good news. Medicare Part B premiums and deductibles will shrink next year because the program spent less than anticipated in 2022. Unfortunately, the cost cuts Medicare recipients will see in 2023 are smaller than […]
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For many Americans, a 401(k) is a huge part of their financial strategy. That’s because, for a lot of folks, a 401(k) and Social Security will be their primary sources of retirement income. But many people don’t understand how to max their 401(k). Let’s look at some of the ways […]
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Wondering when it’s an appropriate time to retire? Let’s look at some of the commonindicators that you may be ready to leave work for good. An Investopedia article, 6 SignsThat You’re Really Ready to Retire, has some terrific insights into this important subject. Have you reached your full retirement age? […]
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Wondering when it’s an appropriate time to retire? Let’s look at some of the common indicators that you may be ready to leave work for good. An Investopedia article, 6 Signs That You’re Really Ready to Retire, has some terrific insights into this important subject. Have you reached your full […]
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The horizon can tell us quite a bit about what’s coming. On a warm summer night, you can look out at the horizon to see if a storm is brewing and when you’re behind the wheel, you can keep your eyes on the horizon for signs of trouble. But we […]
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Though many financial experts had long been expecting it, when the news broke on May 4 that the Fed was raising the interest rate by a half point, it still felt like a thunder clap. According to a CNBC article, Here’s what the Fed’s half-point rate hike means for your […]
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