What are the best and worst states for retirement? Check our in-depth guide to find your perfect state for a comfortable retirement. In our guide, we compare the cost of life, taxes, healthcare, and other factors.
Every year the Employee Benefit Research Institute publishes their Retirement Confidence Survey. Any every year one of the keys to overall retirement confidence is having a written goal. But for many of us, a retirement goal that needs million(s) of dollars seems daunting and even impossible to achieve. What if you’re investing as much as…
Looking back on 2014, history will show that it was a “pretty good” year to be an investor—in the United States. No one will remember the three minor corrections during the year that spooked the markets or the fact that no professional investor in January 2014 felt “really good” about being in either the bond…
[fusion_text]The IRS finally gave up after years of fighting that after-tax 401(k) dollars cannot be rolled into a Roth conversion. Most people simply put money into their 401(k) pre-tax–up to the annual employee limit. However, some plans allow employees to make contributions above the annual deductible limit on an after-tax basis. The employee didn’t get…
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…
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?…
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’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…
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?…
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…
