For some, Social Security benefits are only a small part of their retirement income plan. But even so, we all pay into the Social Security system and the benefits will continue as long we live, so it’s a valuable benefit we should not waste. With that in mind, let’s look at six traps to avoid: …
Retirement Living
Wondering how much you need to retire? These questions can help.
For most families, saving for retirement is their largest financial goal. It’s become part of the American dream to quit working and just have fun someday. However, as we wind down the second decade of the 21st century, it’s getting harder to actually accomplish. Decline of pensions The idea a company pension for retirement in …
Wondering how much you need to retire? These questions can help.Read More
5 places to get retirement income
For many families, the entire point of saving for retirement is to create an “income engine” that produces income to pay for life in retirement after the wages stop. But creating that engine can be tricky because of how hard it is to answer the following questions: How long will you need the money? How …
How to decide where to live after retirement
Over time, we all face choices about where and how we live as we age. Below are 10 options for retirement living options. Aging in place The American Association of Retired Persons (AARP) says that 87 percent of retiree homeowners want to stay in their current home for as long as possible. Benefits: The homeowner gets …
