Jul 13, 2023 | Finances, Investing, Retirement Planning, Saving Money, Social Security
Preparing and planning for unexpected costs in retirement is an essential step in ensuring financial security and peace of mind. Here is a checklist of steps to take to help you prepare for unexpected costs in retirement: Spousal IRA: Consider establishing a spousal...
Jul 13, 2023 | Finances, Investing, Retirement Planning, Saving Money
Weekly Update – 7/12/23 A target-date fund is an investing tool, often in the form of an ETF or mutual fund, that adjusts its investment strategy based on how much time there is until the target date. The investments are strategized for long-term growth when you are...
Jul 5, 2023 | Investing, Retirement Planning
Understanding your risk tolerance is a crucial aspect of how effective your income and wealth preservation strategy can be. Without knowing your risk tolerance, you could be leaving a lot on the table or risking a major decline in your wealth. Here are three questions...
Jul 5, 2023 | Finances, Retirement Planning, Saving Money
Weekly Update – 7/5/23 A recent study by Investopedia found that Generation X’s biggest worry is retirement. The survey found that although many members of Gen X feel like they understand their finances, they are still concerned about transitioning into retirement....
Jun 29, 2023 | Insurance, Retirement Planning
When planning for retirement, it’s important to consider having different types of insurance to protect your assets and smooth out the costs of unexpected expenses. Because your income is carefully planned per month and per year, it makes sense to add insurance...
Jun 21, 2023 | Retirement Planning, Social Security
Social Security is not something you should just set and forget. There are many factors that determine the level of benefits you receive. Here’s a checklist of 5 Social Security strategies you should consider when planning for your retirement to maximize your...
