A recent report on retirement savings says a comfortable retirement will take the average American $1.3 million in savings to achieve – nearly $200,000 less than the previous ...
Read more
Comments Off on The ‘magic number’ of $1.3M for retirement: on the money, or off the mark?
If ever you want to clear out a room, start a conversation about reverse mortgages. You’ll have the hors d’oeuvres and then some to yourself. But folks shouldn’t ...
Read more
Comments Off on Reverse mortgages: An overlooked retirement planning tool
As the president’s trade policy has been rapidly evolving, it’s no surprise that where we sit right now is in a place of great uncertainty. While a 10% ...
Read more
Comments Off on Protect Your Retirement Portfolio from Tariff Risks
Hiring freezes, the new Career/Policy classification, freezes on this and that program. It’s all causing lots of federal employees to consider retiring. My next guest warns, don’t do ...
Read more
Comments Off on Thinking of retiring all of the sudden? Haste could be a mistake
Retirees settling into their golden years may be considering the idea of a new home. Most often, a new home means taking on a new mortgage in retirement. ...
Read more
Comments Off on Can You Get a Mortgage In Retirement? And Should You?
One of the best ways to save for retirement is to use your company’s 401(k). And it’s about to get even better in 2025. With the turn of the ...
Read more
Comments Off on This big 401(k) change in 2025 could supercharge your savings. Here’s why.
WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. The ...
Read more
Comments Off on 401(k) limit increases to $23,500 for 2025, IRA limit remains $7,000
Key Takeaways To prepare your finances for retirement, consider stashing more money in cash and fixed-income to avoid touching your nest egg if a bear market occurs. If ...
Read more
Comments Off on Planning To Retire In 2025? What You Need To Know To Prepare
Monsters under the bed aren’t the only thing keeping older adults awake at night. So are fears about retirement, and for good reason. Retirement isn’t cheap; it can ...
Read more
Comments Off on Home Retirement Retirement-planning Sleep Better in 2025: Slay These Four Retirement Fears
Decades in the making, the legislation would eliminate a provision that reduces Social Security payments to some retirees who also collect a pension from jobs that aren’t covered ...
Read more
Comments Off on The Social Security Fairness Act is now in the hands of the Senate. Here’s what could happen next.