Income
Understanding the Potential Tax Time Bomb: The Growing Concern of Taxes in Retirement
A crucial aspect of retirement often gets overlooked—the impact of taxes on your retirement income. While the prospect of leaving the workforce brings a sense of freedom, it also introduces…
Read MoreFinancial Literacy in Your 50s: Planning for Retirement and Beyond
Navigating the financial landscape in your 50s can be both challenging and rewarding. This decade is a crucial period for making informed financial decisions that will impact your life in…
Read MoreSmart Withdrawals: A Guide to Tax-Saving Retirement Strategies
As you approach retirement, how you withdraw your savings from various retirement accounts can significantly impact your financial health. This is where understanding tax-efficient withdrawal strategies becomes crucial. While many…
Read MoreSmart Financial Habits to Adopt in the New Year
As the New Year unfolds, it brings with it a renewed sense of opportunity and the chance for a fresh start—often packaged up into a set of New Year’s resolutions.…
Read MoreReverse Mortgages: What They Are and If They’re Right for You
Millions of Americans are entering retirement encumbered with mortgages. The proportion of homeowners aged 65+ who still carry a mortgage doubled over the last 30 years—from 21% in 1989 to…
Read MoreIdeas for How Kids Can Earn Money
The importance of raising kids who understand basic concepts about money, finances, and investing can’t be understated. These lessons can carry through into adulthood, helping your money-savvy (grown) child make…
Read MoreSix Ways to Generate Income in Retirement
Last Updated: August 12, 2024 Do you know if you will have enough money during retirement to cover the cost of your housing, food, entertainment, and other activities you enjoy?…
Read MoreMilestone Birthdays in Retirement
Last Updated: April 9, 2024 When we’re young, each birthday seems special, but for most of us, birthdays lose their luster as we age. Can we bring some of that…
Read MoreBull vs. Bear Markets: What’s the Difference?
Last Updated: March 7, 2024 Understanding the current state of the market is important to growing your money over the long term, whether you’re an investor or not. You may…
Read More18 Things You Should Know About 401(k)s
Last Updated: March 7, 2024 Before starting a new job, one of the key questions you’ve likely inquired about is your company’s 401(k) benefits. When you start the job, you’ll…
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