Dr Riley Moynes, an author and retired educator, published The Four Phases of Retirement: What to Expect When You’re Retiring. While the common question on
One of the most common questions raised when talking about retirement is ‘Will I run out of money?’ Many retirees have looked to the “4% rule” for guidance. In
Under normal circumstances, withdrawing funds from IRA or qualified retirement plans (e.g., 401(k), 403(b), 457, etc.) before the age of 59 ½ will result in a
Job satisfaction/dissatisfaction, age differences, personal preferences, etc. are valid reasons why you would choose to retire earlier than your spouse. Doing
With 2022 right around the corner, several increased income/tax limits have been released that may affect you. Below are the highlights:
Qualified Retirement
Despite it being such an expansive program, Social Security is relatively straightforward. You work for 40 quarters (or 10 years) and pay into the system. Once
Saving money for one’s future is relatively straightforward. Money goes in when you are younger, and money comes out as needed when you are older. Saving into a
The IRS has recently announced updated income limits for individuals who save into IRAs and Roth IRAs. Depending on your income, you can receive a full
Traditional Medicare (Part A and Part B) will cover a wide range of medical expenses, in which each part addresses different types of expenses (Part A –
Many individuals find themselves in a situation where they wonder if they should stay in place or move during retirement. For individuals that do decide to move
While the main point of a Roth IRA is to help you save for retirement (along with any other type of retirement savings account), life can take a sharp turn
In this current low-rate environment, the decision to refinance to a lower rate and/or a lower term mortgage can be a relatively simple choice to make