Retirement planning is a critical step that we all need to take to secure our future. Most people associate retirement planning with investing in stocks and bonds, but other options are available for those seeking financial stability in their golden years. One such option is an Individual Retirement Account or an IRA – a haven where you can grow your savings tax efficiently and … [Read more...] about IRAs Made Simple: A Step-by-Step Explanation of Retirement Savings
Retirees and Baby Boomers
Every Retiree Should Know These 7 Things About Annuities
Are you retired? If so, it's important that you know about annuities and what they can offer you. Annuities are a type of investment that can provide retirees with a steady stream of income. There are many different types of annuities available, so it's important to do your research and find the one that is right for you. In this blog post, we will discuss seven things that … [Read more...] about Every Retiree Should Know These 7 Things About Annuities
How To Plan A Perfect Retirement To Fit All Your Needs
Retiring can be a very exciting, yet scary decision. That being said, it’s a decision that should not be made without careful planning. Naturally, you want to spend your golden years comfortably, being cared for, and resting without any worries, financial or otherwise. However, before you take any steps, ask yourself first about the kind of retirement plan that you want. Are … [Read more...] about How To Plan A Perfect Retirement To Fit All Your Needs
Late “Bloomer?” Starting To Save Later in Life
They say you should invest early in life to make the most of your finances but for many people, investing is something that they don't catch onto until it's too late. It is very overwhelming to think that we left it too late. And if you were hoping to retire at a certain age, but there is only a couple of decades left, you have not left it too late, but it is possible to play … [Read more...] about Late “Bloomer?” Starting To Save Later in Life
How Boomers are Setting Up Home Businesses to Pay for Retirement
A silver tsunami is about to hit the U.S. This is not from COVID-19. Instead, it is from the millions of Baby Boomers getting ready for retirement. However, many Baby Boomers have not saved up enough to pay for life after work. This is due to the combination of living longer, inflation (especially housing and health care costs), and the impact of the financial crisis in 2009 as … [Read more...] about How Boomers are Setting Up Home Businesses to Pay for Retirement