Retirement Planning
How much money will you need for a financially comfortable retirement? Read our blog to learn what you need to have saved to retire at 40 to 75 with detailed calculations
Retirement is something many of us think about and look forward to, but to have a comfortable retirement it is important to plan ahead. Read our blog to discover 7 retirement planning steps!
How much does the average 60-year-old need to save for a comfortable retirement? Read our blog to learn how to save more money as you approach retirement
What’s the best age to retire at? How do you know when it’s the right time to retire? We often spend a lot of time pondering those questions. And we tend to confine our thinking to the financial side of things. How much do we need to retire and how far will our money go…
A million dollars isn’t what it used to be. —Howard Hughes How true is that when it comes to your retirement nest egg? A cool $1 million is a still big chunk of change. But is it enough to cover today’s retirement expenses? Just how many years could your dream retirement last on $1 million?…
We’re facing historic levels of uncertainty, which can be frightening when it comes to your retirement. Especially if you’re within the “fragile decade” — the 5 years before or after retirement. Because the decisions you make (or fail to make) right now can determine the fate of your future. The coronavirus, bear market, and recession…
If you’re within 5 years of retirement, there are a handful of easy “thought exercises” you must do that can make or break your retirement plans. You’ll see how powerful these are in a second. The problem is, many people put them off, thinking, “I’ll get to that later … it doesn’t matter right now.” Years later,…
We call them “zombie” plans… The old 401(k), 403(b), or 457 plan that’s practically left for dead, neglected, and untouched with your old employer. What you decide to do with your old “zombie” plan is critical, no matter if you’re still working, recently changed employers, or knocking at the door of retirement. Your employer plan is typically…
In today’s corporate environment, cost cutting, restructuring, and downsizing are the norm, and many employers are offering their employees early retirement packages. But how do you know if the seemingly attractive offer you’ve received is a good one? By evaluating it carefully to make sure that the offer fits your needs. What’s the severance package?…
In October 2016, the IRS issued a reminder to employers and small-business owners of a new January 31 deadline for submitting Forms W-2 and certain Forms 1099-MISC to the Social Security Administration (SSA). The accelerated deadline, which was enacted as part of the Protecting Americans from Tax Hikes Act passed in late 2015, is designed…
