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10 Major Upcoming IPOs to Watch in 2019

10 Major Upcoming IPOs to Watch in 2019

As markets brushed off a wildly volatile end to 2018, many investors were shaken as the New Year began. But even uncertain investors knew one thing: 2019’s upcoming initial public offerings would include a ton of high-profile, world-class young companies that don’t come around too often. Many, like Uber, Lyft, WeWork, and Pinterest, were worth […]

6 Important Retirement Plan RMD Rules

6 Important Retirement Plan RMD Rules

The Internal Revenue Service (IRS) requires that you begin receiving required minimum distributions (RMD) in the year you reach age 70½. That sounds simple enough, but, unfortunately, calculating these distributions is not always easy, as there are a number of factors to consider. While a tax professional can certainly help you with this, it’s a […]

7 Retirement Hobbies That Make You Money

7 Retirement Hobbies That Make You Money

Retirement is a time to pursue new passions, says Lisa Odoski, vice president and partner for advisory firm TFG Wealth Management in Newtown, Pennsylvania. “It’s the second phase of your life. It’s the best one,” she says. That often means trying new activities that, depending on your interests, could get expensive. “The trick is to […]

3 Ways to Pay Less Tax in Retirement

3 Ways to Pay Less Tax in Retirement

Keep the IRS away from your income with these key moves. There are many expenses that tend to be stressful for retirees. Healthcare is a big one, as it can eat away at a lot of income. The same holds true for housing. But one expense that really tends to catch seniors off-guard is none […]

9 Easy Ways to Save $500 More Per Year for Retirement

9 Easy Ways to Save $500 More Per Year for Retirement

A small increase in your savings rate can result in a big boost in your retirement nest egg. If you save an extra $500 per year between ages 30 and 65 and earn a 7 percent annual return, you will have an extra $70,000 upon retirement. Most people can save an extra $500 for retirement, […]

How to Prepare for a Future Without Social Security

How to Prepare for a Future Without Social Security

It’s no secret that the country’s Social Security program is running out of money. In fact, the combined reserves of the Old-Age and Survivors Insurance and Disability Insurance Trust Funds are expected to be depleted by 2035, according to the 2019 Social Security Board of Trustees report to Congress. That may seem dire, but it’s […]

Ways to Save for Retirement Without a 401(k)

Ways to Save for Retirement Without a 401(k)

If your employer doesn’t provide a retirement plan, these 401(k) alternatives can help you build wealth for retirement. A 401(k) plan makes it convenient to save for retirement. The money is automatically withheld from your paychecks before you ever get a chance to spend it. You immediately get a tax break on your traditional 401(k) […]

82% of Americans are Making a Massive Retirement Planning Mistake

82% of Americans are Making a Massive Retirement Planning Mistake

It could be the difference between a comfortable retirement and running out of money in your old age. If you get a sinking feeling in your stomach when you think about your retirement finances, you’re not alone. In fact, 75% of Americans report feeling only somewhat confident or not confident at all about their future […]

10 Important Ages for Retirement Planning

10 Important Ages for Retirement Planning

Each type of retirement benefit has a different eligibility age. Your age plays a big role in how much you can expect to receive from Social Security and what you need to do to avoid retirement account penalties. Remember to factor these important ages into your retirement plan. Age 49 and Under Workers who begin […]

Retired People Share the Secrets of Early Retirement

Retired People Share the Secrets of Early Retirement

The idea of retiring early might sound heavenly, but there’s plenty to learn before taking the leap. One person asked Quora, a questions-and-answers forum, “What is something that almost nobody knows about retiring early?” Many answers were from people who retired in their 50s, either because they chose to retire or were forced to leave. […]