Posts
If you are already retired and living off your savings, you are probably well aware just how important managing your finances can be. If you are consistently withdrawing more money than you planned to, your nest egg may not last as long as you anticipated. And if your post-retirement investment returns don’t produce the amount […]
Things to Consider Before Converting Your SIMPLE Plan to a 401(k) Plan
A SIMPLE (Savings Incentive Match Plan for Employees) is a go-to choice for people who own small businesses or are launching them. If the business continues to prosper, increased flexibility in plan provisions is required. That’s when a switch or a rollover should be considered. Certain things should be kept in mind while rolling over […]
How Much Do I Need to Save for Retirement?
Does the thought of retirement worry you? Are you unsure about how to get through your retirement without facing financial problems? “How much do I need to save for retirement?” Unfortunately, there is no perfect answer as it varies from person to person. This article will help you figure out the best retirement savings plan […]
Has COVID-19 Affected Your Retirement Planning?
The global COVID-19 pandemic has impacted virtually every aspect of our lives, including retirement. Who would have thought a new virus could have such serious repercussions on all aspects of life? In addition from ravaging the health of many Americans, the deadly virus has triggered fears of recession and widespread financial panic. With all reports […]
Taxes in Retirement – What to Expect
You’ve made it to the end, no more daily grind; you’re heading off in the sunset. Whatever metaphor you favor for beginning your golden years, it is an important milestone in your life. Your planning has focused on making certain your nest egg has grown sufficiently to outlast your life, and it’s just as important […]