Receive valuable insights on important topics relating to your financial future. Learn about Social Security benefits and claiming strategies, retirement income planning, minimizing taxes on your money, and much more.
In retirement income planning, focus on the long run. Research studies project 25% of 65-year-olds today will live past age 90, and 10% past age 95. An effective strategy anticipates income needs for decades.
Did you know that with certain claiming strategies, you can receive up to 32% more money for life? Discover ways to get the most out of your benefits with our Social Security planning knowledge and expertise.
Get the personal attention and expert guidance you need to make well-informed decisions for your future. Learn about powerful strategies for retirement income, wealth protection, tax reduction, legacy planning, and more.
The “magic number” to retire comfortably – as worry-free as possible – has always been a hot topic between financial professionals and their clients. Do I have enough to do what I want? Did I save enough for retirement? Have I been living beyond my means? Do I have to keep working for another few years? Will I live to 100? These questions echo in almost everyone’s head, especially late at night. And, for some, they can get louder closer to retirement – when that “magic number” really matters. Luckily, there are many magic numbers.
Take a look at your income before and imagine it after the gold watch. An income replacement number for retirement is often initially based on the income you have prior to your retirement. However, that figure may not apply to the actual income you need after you retire.
What’s your lifestyle now? What will it look like in post-retirement? Traveling around the world? Downsizing and becoming fulltime grandparents? Start a Second Act career? Supporting your kids if they move home? Living large and blowing it on a Porsche? Well, not everyone has retirement plans. So it doesn’t make sense that a “magic number” for one individual, couple or family is universal.
Note: This is the fourth part of a month-long series on financial awareness in the U.S., and how investors are planning – or not preparing – for retirement. Here are some important takeaways that are keeping Americans from financial security and peace of mind.
For the first time in a long while, Americans are feeling more stressed than ever. If surveys are any indicator, money concerns are a big part of it. In fact, more Americans are losing sleep over money issues than before the Great Recession.
According to CreditCards.com, 65% of Americans report having insomnia over money issues – a 9-point jump from 56% in 2007. And what accounts for these new, high levels of stress? Here’s a quick look at the sleep killers for Americans in 2017.
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