Are You Relying Too Much on Social Security for Your Retirement Income?
Social Security is likely to play a large role in your retirement. After all, it’s a valuable resource that can provide base of guaranteed lifetime income. However, as helpful as Social Security may be, you probably don’t want to rely on it as your primary source of income.
Can You Take Qualified Plan Distributions Before Age 59 ½?
Have you used qualified plans like IRAs, 401(k) accounts, annuities and more to save for retirement? You’re not alone. These accounts are popular because they allow you to accumulate assets without paying taxes on the growth. In most cases, you avoid taxes until you take distributions. In the case of a Roth IRA, you may never pay taxes on your growth or distributions.
3 Tips to Protect Your Retirement During Your Divorce
Are you facing a divorce late in life? According to new research, you’re not alone. The Pew Research Center recently found that divorce rates for people age 50 and older have doubled since 1990.
Are You Choosing the Right Disability Policy for Your Needs?
According to the Council for Disability Awareness, nearly 70 percent of American workers in the public sector have no private insurance coverage for long-term disability.
Don’t Derail Your Retirement Plans
Every retirement plan is based on a certain number of assumptions. You can’t predict the future, so you have to make assumptions about certain factors, such as your spending in retirement, how long you will live, your health and more.
Do You Take a Comprehensive Approach to Your Financial Planning?
According to a 2013 study from the Certified Financial Planner Board of Standards, most Americans can be grouped into one of four categories when it comes to determining how they approach financial planning.