Social Security’s . . . Not So Hidden Tax
The countdown to Tax Day is on and for many it isn’t a pretty sight. Many COVID-related tax breaks have expired, and some folks will find themselves paying in more to make up for financial concessions during the pandemic.
How to Help Avoid Information Overload
Those preparing for retirement tend to find the abundance of financial information and advice available online to be overwhelming and frustrating.
How to Limit Your RMDs
A lot of folks depend on RMDs to provide retirement income, for sure. But if you have other assets to get you through, consider one of these strategies to help limit your withdrawals and potentially save on taxes.
Know Your 401(k) Options
Whether you’ve been laid off or quit, you have choices to make about your savings. Many folks aren’t aware of their options so they do nothing, but this could have financial consequences.
Life Lessons . . . My Girls Love These!
This week I’d like to share some “life lessons” that I have shared with my girls that hopefully can help others to better understand and prepare for common retirement challenges, particularly women.
Inflation . . . It’s A Tax!
Inflation is often called the “silent killer” of retirement plans due to its ability to sneak up on us slowly, eroding the purchasing power of our dollars over time.
Budgeting for the Unknowns of Retirement
Aside from taking the time to estimate what your retirement expenses will be – by creating a budget – you should also consider other factors that influence how much money you think you’ll spend and perhaps adjust accordingly.
Retirement Phobia is a Real Thing
Get this folks, according to a recent survey, 44% of men and 36% of women fear retirement more than death itself. According to the survey, the No. 1 fear Americans have about retirement is having a lack of income, with 87% saying that this scares them.
High Inflation Hits Retirees Hard
Inflation can be a retirement killer, but it doesn’t have to be for seniors who take the time to develop a plan for beating it.
This New Year, Get Your Finances in Order
There’s no time like the New Year to reflect on the past year and set the stage for a brighter 2022. You probably have motivation on your side right now so let’s look at a few areas to kick start your financial year.
