401(k) Plan: Understanding Retirement Accounts
Saving for retirement can be a little like planting a tree. At the start, you have just a small sapling that needs nurturing. Every month, you pour a little of…
Most people underestimate the costs of retirement but a good rule of thumb to measure how much you would need in financial security is to take your current income and multiply that by x10. With that amount of money saved, invested, and the value of entitlements from Social Security and Medicare a person may be able to maintain a reasonable facsimile of their current lifestyle. The sooner one begins taking advantage of tax-advantaged investment vehicles such as 401K’s and IRA’s, keeping debt in check, securing the future with insurance, and understanding how entitlements will factor into their retirement the better—but it’s never too late to start.
No one can get to their destination without a roadmap and putting together the financial underpinnings of a well-balanced retirement. Retirement financial planning takes knowledge, discipline and a game plan to safely arrive. Learn more about how to use investment options, retirement plans, insurance, estate planning, and entitlements to help people Retire Like a Genius.
Saving for retirement can be a little like planting a tree. At the start, you have just a small sapling that needs nurturing. Every month, you pour a little of…
As you approach retirement, have you thought about how to maximize Social Security benefits? Having a solid Social Security strategy in place during retirement can help you get the most…
As you near retirement, it’s incredibly important to have a wise investment strategy in place to ensure financial security during your golden years. During retirement, you’ll rely on your investments…
The idea of building passive income has become a popular wealth-building strategy in recent years, though the concept has been around for generations. As you prepare for retirement or if…
Planning for retirement is like getting ready for a long road trip. You meticulously plan out the routes you’ll take, the cash you’ll need for your adventures, and, if you’re…
As the golden years approach, many seniors find themselves reviewing their financial standings and wondering if they’ve saved enough to retire comfortably. One important factor when evaluating personal finances is…
As seniors approach retirement, one of their most common concerns is ensuring their hard-earned savings last throughout their golden years. Maximizing savings requires careful planning, smart retirement money management, and…
Passing on an inheritance to your children can be a complex planning journey. There are many considerations to take when determining if, how, and when to leave money for your…
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