Don’t Learn These Money Lessons Too Late

2020-02-17 20_32_30-Coins on Brown Wood · Free Stock PhotoDespite having spent decades studying money and finances, the author of today’s article reveals that “it took [him] a decade or more to learn many of life’s most important money lessons and, indeed, some key insights have only come to [him] in recent years.” Among those lessons are “the key to a big portfolio” and what should be – and what shouldn’t be – one’s top financial goal. For 10 money lessons the author has learned over the years – and wishes his younger self had known – CLICK HERE.

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The Paradoxes That Can “Bedevil” Financial Decision-Making

2020-01-25 09_10_24-Light Bulb · Free Stock PhotoThe worst fear of retirees is coming to the end of their money before they come to the end of their lives, and yet, as the author of today’s article observes, “few choose the financial product that is purpose-built to solve that problem”. This is just one of many paradoxes that can “bedevil” financial decision-making, and while there’s nothing we can do about these paradoxes, the author advises that “there is great value in being aware of them, so we can approach them with the right tools and the right mindset.” For more paradoxes to be cognizant of, CLICK HERE.

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The Formula For Paying No (Or Low) Federal Income Taxes Once You File For Social Security

2019-11-29 08_42_45-multicolored abacus photo – Free Drying rack Image on UnsplashWhen it comes to how much income you can earn without having to pay any federal income taxes, this is a relatively simple determination for most people when Social Security is not a factor. “Once people file for Social Security, though,” the author of today’s article notes, “things become a bit more complicated.” He charts out the tax-free limits with Social Security – and shows how “you can have a total income in the high five figures, potentially even six figures, and still keep federal income taxes low or even at zero.” For more, CLICK HERE.

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“The Most Astonishing Fact” From the Finances Of The “Super Rich Elite”

2019-11-02 17_35_31-Signature Line on Printer Paper · Free Stock PhotoJust how much money does the top 1% – the “super rich elite” – have? Apparently, more than they know what to do with! In today’s article, the author shares what he sees as “Probably the most astonishing fact [he] encountered while poring over the finances of the wealthy elite” – who own $730 of capital for every $1 of capital owned by the average family in the bottom half of households. What is it? CLICK HERE.

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The “Big Picture” Financial Realities That Retirees Must Face

2019-08-29 19_17_52-Person Holding Photo of Single Tree at Daytime · Free Stock PhotoWhile there seems to be a constant stream of news and market developments (and presidential tweets) that those nearing retirement need to keep up with today, the author of today’s article asserts that “to be successful in retirement today requires a much more holistic view of what you are facing and what the investment realities are” – and he proceeds to outline four such financial realities that retirees need to be cognizant of – and address – if they are to enjoy financially secure retirements. For more, CLICK HERE.

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Financial Planning vs. Retirement Planning – And How Understanding The Difference Can Be Critical To Your Retirement

2019-02-23 22_44_02-WindowThink financial planning and retirement planning are one and the same? Think again. “Understanding the difference between financial planning and retirement planning can be critical to developing a retirement income strategy,” explains the author of today’s article, with one financial adviser cited describing the difference between the two as “the difference between people at work versus money at work.” So how does retirement planning differ from financial planning, why is making this distinction important to your retirement – and how can you benefit from retirement planning software? CLICK HERE.

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A Comprehensive Look At Retirement Considerations For Couples

2019-02-17 19_20_27-1000+ Engaging Retired Couple Photos · Pexels · Free Stock Photos“Every aspect of life is affected by the decision to retire, including relationships, health and wellness, and of course finances,” notes the author of today’s article, who proceeds to provide an overview of what couples nearing retirement need to do in regards to each of those aspects of life, including budgeting, Social Security, drawing down of assets, health care (and long-term care), relationship maintenance, and lifestyle expectations. For more, CLICK HERE.

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Considerations For The Retirement Class Of 2019

2018-12-13 22_02_47-WindowIf you are preparing to retire next year, today’s article provides an overview of critical considerations, including matters relating to retirement expenses, health care (the “often-overlooked” retirement cost), Social Security strategizing, income strategies (and the tax implications of those income strategies), portfolio risk – and preparing emotionally for retirement as well as financially. For more, CLICK HERE.

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The Major Crack In The Foundation Of Many Americans’ Retirement Plans

2018-08-21 19_00_42-100+ Amazing Plan Photos · Pexels · Free Stock PhotosThe foundation of any retirement plan is the age at which we plan to retire. Unfortunately, as today’s article highlights, “that foundation isn’t nearly as solid as we think. We often systematically misjudge when we’ll actually retire, and that can wreak havoc on our finances.” What does a new study – which found that roughly half of Americans retire earlier than planned – offer as the best formula for estimating the gap between our planned and actual retirement age – and what does the existence of this gap suggest some investors may need to do in order to hit their retirement targets? CLICK HERE.

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