Retirement Planning

Retirement
Retirement Accounts
Retirement Fears
Retirement Plan
Retirement Planning

Saving for Retirement When You Don't Have a Regular Job

Many people find themselves outside of the formal workforce from time to time. Some end up unemployed by choice while others find themselves without work because of layoffs. These individuals have several options available to them in order to keep the income flowing. For instance, some may join the gig economy while others try consulting, […]

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Retirement
Retirement Annuity
Retirement Bucket Strategy
Retirement Living
Retirement Plan
Retirement Planning

What Is the Retirement Bucket Strategy?

Retirement Bucket Strategy The main goal of most investors is to garner enough money in the market to fund their retirement years. Yet, many investors are unsure of how to properly pull money out of their accounts once they’re actually in retirement. The retirement bucket strategy is one of the many withdrawal strategies that investors […]

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Retirement
Retirement Accounts
Retirement Fears
Retirement Living
Retirement Mistakes
Retirement Plan
Retirement Planning

6 Surprising Facts About Retirement

Retirement is a topic that regularly makes headlines, and not all of them are encouraging. Americans are living longer than ever before. However, if you assume most people are saving more to prepare for their longer-term needs, you’d be mistaken. Here are some of the more startling truths about retirement in the U.S. Key Takeaways […]

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Retirement
Retirement Accounts
Retirement Fears
Retirement Living
Retirement Mistakes
Retirement Plan
Retirement Planning

10 quick money hacks to boost your retirement savings in 2022

If you want to get your new year off to a good start, try some quick and easy money moves to make yourself richer and fatten your retirement account. And don’t sweat the small stuff, because over time even minor savings can add up to big gains. Check out the chart above. It’s based on stock […]

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Retirement
Retirement Accounts
Retirement Plan
Retirement Planning

Getting serious about retirement planning in the new year? Try these tips

Envisioning a retirement by the beach, or with a relocation? It all takes planning, and there are plenty of tools to help with that. Retirement Tip of the Week: If you’ve decided to get serious about planning for retirement, no matter your age, think through what you will need then and how to get there. […]

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Retirement Accounts
Retirement Fears
Retirement Living
Retirement Mistakes
Retirement Plan
Retirement Planning

Retirees Aren’t Spending Enough of Their Nest Eggs. Here’s Why.

Mosaymay/Dreamstime Linda Cooley of Florida has seen her nest egg grow dramatically since she retired more than five years ago as a lawyer. Cooley, 69, lives off pensions and Social Security and has yet to touch her retirement portfolio of several million dollars. Her financial advisor, Susan Elser of Indianapolis, frequently reminds Cooley she could […]

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Financial Planning
Investment Planning
Retirement Planning

5 financial moves to make before December 31

As the calendar year winds down, it’s a good time to check for steps you can take to improve your 2021 financial outcome. Year-end is a time to look at what your tax liability is likely to be for 2021. “Take a look at your tax situation, what your tax picture looks like for the year,” […]

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401k
401k Rollover
401k Taxes
Retirement Accounts
Retirement Planning

How Is Your 401(k) Taxed When You Retire?

When you withdraw funds from your 401(k)—or “take distributions,” in IRS lingo—you begin to enjoy the income from this retirement mainstay and face its tax consequences. For most people, and with most 401(k)s, distributions are taxed as ordinary income. However, the tax burden you’ll incur varies by the type of account you have: traditional or Roth 401(k), […]

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403(b)
Retirement
Retirement Accounts
Retirement Living
Retirement Planning

The Benefits of a 403(b) Plan

A 403(b) plan is a tax-sheltered retirement plan for people who work for nonprofit companies, including charities, schools, and qualified religious organizations. The 403(b) plan is comparable to its private-sector counterpart, the 401(k) plan, with important differences. If you’re considering enrolling in a 403(b) plan, check out the benefits below. Key Takeaways The 403(b) plan […]

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