Americans in their fifties and sixties may want to think twice about putting off their “bucket list” trips and accomplishments. Recent statistics indicate you may be better off enjoying life now. As the government shifts retirement ages higher and employees are working later in life, the health of Americans is…
New regulations from the Department of Labor may come into play for Americans deciding which type of account is best for their retirement savings. There are significant differences between 401(k)s and IRAs, and as reported in a recent post on wjbf.com, “Advantages and disadvantages to a 401k and an IRA,”…
You must sign up for Medicare Part B no later than eight months after retirement, or the penalties could be serious. These are the details that really matter when it comes to retirement and Medicare. If you signed up for Medicare Part A on your 65th birthday but were still…
Deciding when to start taking Social Security payments has to be considered in the total picture of retirement planning. The challenge of retirement planning is that once a big decision is made, you don’t have three or four decades to fix any mistakes. The same holds true for deciding when…
In the best of all possible worlds, your retirement finances include a nest egg that generates a steady flow of income while your principal assets continue to grow. There are six key investment points that, if you can meet them, will make retirement finances work in your favor, according to…
Before you tell HR what your final day of work will be, there are more than a few details that you need to cover to prepare for taxes, make the most of any potential benefits and start retirement on the right foot. If there’s a retirement season, it’s spring or…
If you think of retirement as a one-time purchase, it is the biggest thing you’ll ever buy. Trying to pay for retirement without the funding, is asking for the impossible. Compared to buying a new car or a house, paying for retirement is the biggest purchase of a lifetime, according…
Are you surprised that such a complex topic can be divided into just four sections? Once these difficult tasks are accomplished, you’ll have some much needed perspective that will help the rest of the process along. According to a recent article in Forbes, “How Much Do You Need To Retire:…
A recent international study reported that it will take 170 years before women around the globe reach pay equality with men. This study determined exactly how much income is lost when women step out of the workforce. If knowledge is power, then the hope is that Business Wire’s article, “Millennial…
Regardless of which candidate becomes president and what changes are made in coming years, there will still be a need for estate planning in Texas, and that includes regular folks as well as the ultra-wealthy. If the U.S. federal estate tax were to be eliminated, there will still be plenty…