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The Ultimate Downsizing Checklist Before Retiring

By focusing on goals and priorities, you can create a new, simplified lifestyle As retirement approaches, many older adults consider downsizing their home as a way to simplify their lives, reduce expenses, and focus on what truly matters. While the process can be...

Annuities: Understanding Your Income Stream Options in Retirement

Retirement planning is a complex but crucial process. Did you know, according to a recent study by the Employee Benefit Research Institute, nearly half of all retirees rely on Social Security as their primary source of income? While Social Security is a valuable...

3 Mistakes to Avoid Before Taking Required Minimum Distributions

Uncle Sam wants your money. He has bills to pay, just like you. And he's been waiting patiently for decades for you to hand over his share of your tax-deferred retirement dollars. He expects some folks to be stubborn about it, so he has an answer. It's called a...
Retirement Planning: A Map to Changes in 2024

Retirement Planning: A Map to Changes in 2024

Navigating these demands an adaptable approach to financial planning As we kick off 2024, the world of retirement planning is undergoing a fairly significant transformation, as tax brackets, retirement contribution limits, estate and gift tax exemptions, among other...

Relying Solely on Social Security? Please Don’t.

Relying Solely on Social Security? Please Don’t.

Five steps to prepare you for a reduction in social security benefits According to the Social Security Administration, trust funds that supply the program might run out of money as early as 2035. That’s in 15 years. This situation brings a lot of uncertainty to...

5 Family Money Conversations You Should Consider Having

5 Family Money Conversations You Should Consider Having

Money conversations within families are crucial for financial well-being and harmony.  Research suggests that over 60% of Americans do not regularly talk about money, which can hinder wealth-building opportunities (1). Let's explore these five essential discussions...

The Double-Edged Sword of Retirement Planning

The Double-Edged Sword of Retirement Planning

Inflation, the silent force shaping our economic landscape, often creeps into our lives unnoticed until its effects become palpable. Its impact on retirement planning, in particular, underscores its double-edged nature. As the U.S. Bureau of Labor Statistics recently...