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Have you made a plan to retire from driving?

We plan to retire from work, but do you also plan to retire from driving? New research from the AAA Foundation of Traffic Safety shows among older drivers, nearly 83 percent report never speaking to a family member or physician…

What is the “perfect” retirement?

What is the “perfect” retirement? Majority of people look forward to retirement as a time to forget their worries, live without a boss or a commute and to perhaps just kick back and relax. However, in real life, that fantasy…

Three ways employers can help baby boomers prepare for retirement

According to the U.S. Census Bureau, 74 million baby boomers and 66 percent of them are working past traditional retirement ages for a variety of reasons. Some older workers approaching full retirement age face some daunting decisions about Medicare, Social…

How the new alimony tax rules affect your retirement savings

As part of the Tax Cuts and Jobs Act that was passed by Congress last year, two surprising ways the new alimony tax rules affect retirement savings. The new rules made changes for how divorces on both sides may or…

Suggestions on how to control expenses in retirement

Balancing a retirement budget can be a challenge. Even if you spent years preparing for your retirement, many retirees face extra housing or medical expenses. The attached article gives ten suggestions to bring your expenses into line with a more…

How working part-time in retirement impacts your financial life

Many retirees end up taking on part-time work even if it wasn’t part of their initial retirement plan. According to the Bureau of Labor Statistics, more than half of people ages 60 to 64 were working at least part time…

SEC issues new warning about IRA fraud and cryptocurrenicies

As more individuals move to self-directed individual retirement accounts to help them build a better nest egg, they could be putting themselves at risk for fraud. These secondary retirement funds often include real estate, private mortgages, precious metals and private…

What is FIRE?

What is FIRE? FIRE is an acronym that stands for “financial independence, retire early. It is a burgeoning movement of young professionals who were forgoing the traditional route to retirement. To read more about this movement, click on attached link.…

Are young people perhaps unrealistic when it comes to retirement?

Young Americans aged 16 to 25 expect to retire on average, at age 60 which is seven years earlier than full Social Security benefit eligibility for their age bracket according to new research from Charles Schwab. A resounding 76 percent…

Yes, you can retire without relying on Social Security

Are you one of the 42 percent of Americans who will retire broke? Are you one of the nearly 45 percent of retirees who will rely almost exclusively on Social Security as your only source of income in your retirement?…

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