Many people fail to think about their retirement until their 40s or 50s. However, this is a mistake. Putting off retirement planning can force you to postpone your retirement, sell your home and downsize, or otherwise compromise your plans for your golden years. To make sure you’re fully prepared for your retirement, start planning today […]
Planning for retirement is an important part of securing your financial future. But many people either do not have any sort of plan at all, or are simply not doing enough to ensure their financial security in their retirement. Retirement planning is similar to regular financial planning in many ways, although it requires longer-term thinking […]
Establishing a stable financial future is a common goal, but it’s hard to know if you are doing things right. You might wonder whether or not you even need a financial planner, or you may think that your savings plan right now is more than enough to help you reach your financial goals. Even if […]
Retirement savings are important for everyone, no matter what their age. The earlier that you begin putting money away for retirement, the greater the chances are that you’ll be able to live the life you have dreamed of in retirement. For most people, Social Security is not sufficient on its own to cover everyday expenses […]
Retirement planning is a long process, and it can be intimidating for many people. The vast majority of workers, in fact, have not taken even the most basic first steps to begin planning for their eventual retirement. However, the process can be more straightforward than you think. There are a few easy steps you can […]
When people consider their finances, the most common things they focus on are saving for retirement, maximizing their current finances, saving for major purchases, and paying down debt. But there is an additional area of financial planning that tends to be overlooked: post-retirement financial planning. Many people see retirement planning as a process that ends […]
Investing can sometimes appear to be a daunting task that many Americans would rather not attempt. In fact, only about 55% of Americans have actually invested in the stock market, and that number has remained fairly stable over the course of at least the last decade. While investing might seem intimidating, it is an essential […]
As the average life expectancy in the United States grows, retirement planning should change along with it. For most people, retirement will last for several decades beyond what used to be common. With that increased life expectancy comes increased costs, particularly as people approach the end of their lives. There are a number of expenses […]
When it comes to your finances, there is a significant amount of planning involved if you want to meet long-term financial goals. It is for this and other reasons that many people choose to work with a financial planner to help them establish and achieve their goals. Financial planning isn’t just for those who are […]
When it comes to retirement, most Americans today have some form of defined-contribution plan for their retirement, typically through their employer. The most popular retirement plan today is probably a traditional 401(k) plan. Self-employed Americans, on the other hand, don’t have an employer to sponsor a retirement plan for them. In some cases, they may […]