retirement
A Practical Look at How Social Security Fits in Your Retirement
Of course, Social Security will be a significant part of your retirement financial picture. For some, it will be the most significant part, while for others it may serve to support other financial resources that have been accumulated along the…
Thoughts As You Look Ahead to Retirement
Social Security’s long-term financial picture is in the news quite a bit these days, and many seniors are beginning to look hard at what role those benefits will play in their post-retirement situation. This South Florida Reporter article by takes…
The Evaporating Dream of Retirement
With surveys reporting as many as 40% of working adults writing off the likelihood of a financially secure retirement, it’s little wonder that concerns are growing for the future. The Motley Fool’s Kailey Hagen, in a post on their website,…
Why So Many Aren’t Able to Accumulate That “Nest Egg”
Almost 70% of workers surveyed by Employee Benefit Research Institute report that their level of short-term (non mortgage) debt is the obstacle that prevents them from saving for retirement. They report that in addition to the out-of-pocket debt payments they’re…
Think Before You Leap (Into Social Security)
There are three tried-and-true criteria for making the decision to file for Social Security benefits, and they’re worth revisiting from time-to-time. Dropping the ball on any one of these three pivotal factors could lead you into a financial predicament later…
The CARES Act and Deferred Savings Accounts
In a post on baxterbulletin.com, The Savvy Senior’s Jim Miller addresses the retirement account changes implemented as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, specifically covering the matter of hardship withdrawals, loan limits, and required minimum…
Getting the Most Out of Social Security
Rather than wait until its too late, folks need to know that there are ways to boost the benefit amount they will receive when they elect to begin drawing their earned benefits. For example, delaying the starting point for collecting…
Recapping the CARES Act’s Impact on Retirement Investments
The provisions of the Caronavirus Aid Relief and Economic Security Act, or CARES Act, have the potential to impact the retirement strategies followed by investors. U.S. News and World Report contributor Josh Goulding , in an article titled “How Does…
401k Loan Limits and the COVID-19 Pandemic Impact
The Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law March 27 offers some much-needed financial relief for folks battered by the pandemic’s economic fallout. In addition to cash payments, improved unemployment benefits, small business support, and other…
Investing for Retirement: When to Take Action
Let’s take a break from the COVIS-19 news stream and focus on something with a longer-term focus…building financial resources for your retirement years. To be effective, there are several key life points that need be considered when making planning decisions,…