retirement planning
Understanding the $1,000/month Rule
Most folks contemplating their retirement years know that there are “rules of the road” available to guide their planning. For example, the 4% rule suggests withdrawing 4% from accumulated wealth in the first year of retirement, with annual adjustments made…
Avoid these retirement mistakes
A record number of American workers will soon be entering retirement, but are they prepared? There are many moving parts to retirement, ranging from knowing how your pension will be paid out, when to claim your Social Security benefits, and…
Rethinking your decision to file for Social Security.
The gloomy 2025 Board of Social Security trustees report may have nudged you to think about filing for benefits before your full retirement age. If so, you might want to rethink that decision, says the writers at The Motley Fool.…
Retirement planning mistakes to avoid
The fear of running out of money or being unable to afford necessary expenses in retirement can be overwhelming. If you have retirement anxiety, several coping mechanisms can help you not to feel so overwhelmed. The first and most important…
U.S. Dept. of Labor Announces Retirement Plan “Lost and Found” Search Tool
Source: https://lostandfound.dol.gov/ EBSA (Employee Benefits Security Administration) is helping America’s workers and beneficiaries search for retirement plans that may still owe them benefits by establishing a public Retirement Savings Lost and Found Database through the SECURE 2.0 Act of 2022. …
Top Retirement Planning Questions
NorthWestern Mutual’s 2024 Planning and Progress Study looked at the top retirement questions Baby Boomers have on their minds. The study conducted earlier this year found that the top question, with over one-third of participants voicing it, was: “How much…
Don’t make these retirement planning mistakes
Planning for your retirement can be stressful and overwhelming, but you should not put it off. Although it may seem like light years away, retirement will come sooner than later. How do you ensure that your retirement is the one…
Retirement Planning
Let’s explore how long $750,000 in savings plus Social Security will last. Read the numbers crunched by Donna LeValley for Kiplinger here… The link provided above connects readers to the full content of the posted article. The URL (internet address) for…
Five retirement challenges that many women face
Women face some unique challenges compared to most men when planning their retirement. The Women’s Institute for a Secure Retirement has listed five challenges facing women when planning for retirement. Tammy Flanagan outlines these challenges as a woman employed in…
Are you ready for retirement ?
You envision your retirement as endless golf games, pickleball, and traveling, but are you prepared financially for retirement? Nowadays, retirement could last 20 to 30 years; have you planned for your money to last this long? How do you know…