Retirement in Sight

WHO CLAIMS SOCIAL SECURITY AT 62, AND WHY?  

In a perfect world, most would consider waiting until their full retirement age to file for Social Security.

HEALTH SAVINGS ACCOUNTS FOR RETIREMENT

If you have the chance to open a Health Savings Account (HSA), you might want to take a look.

RETHINKING RETIREMENT

Some of the “conventional financial wisdom” circulating about retirement may need a second look because those assumptions may not prove true for everyone. .

A SPRING CLEANING FOR YOUR RETIREMENT STRATEGY

Spring cleaning: you tidy up, organize, and put things in order. You can take a “spring cleaning” approach to your retirement, just as you can with your home or garage.

A STRATEGY FOR MONETARY GIFTS FOR FAMILY

Have you ever thought about giving financial gifts to your kids or grandkids? Many affluent retirees and pre-retirees do this, often with an eye toward furthering family wealth.

GUARDING AGAINST THE FOUR COMMON MONEY BIASES 

Our attitudes about investing, saving, spending and financial matters are shaped by a variety of influences, both early and later in life.

HOW MUCH WILL SAVING AN EXTRA $1K EACH YEAR HELP YOU?

Did you ever wonder what might result from such a small boost to your retirement saving effort, even in midlife? 

WHEN YOU ARE WITHIN FIVE YEARS OF RETIREMENT

If your anticipated retirement date seems about five years away, think about some of the proactive steps you could take before that date arrives.

IF THE SECURE ACT 2.0 BECOMES LAW, WHAT CHANGES?

When the Setting Every Community Up for Retirement Enhancement (SECURE) Act became law on January 1, 2020, it altered rules for retirement accounts with a goal of helping both retirees and pre-retirees.

ROBOCALLS, ROBOTEXTS: PROTECT YOURSELF, AND YOUR MONEY

Are you getting more unwanted text messages on your phone than you used to get? That is partly the result of a good thing – robocalls have declined. Robotexts, however, have increased. As robotexts bilked Americans out of $86 billion in 2020, you want to be wary of even the most innocuous messages coming your way.

POSSIBLE CHANGES FOR CATCH-UP CONTRIBUTIONS

Since 2002, Americans aged 50 and older have been permitted to make annual “catch-up” contributions to popular retirement accounts – but according to Vanguard’s 2021 How America Saves report, just 15% of retirement savers do. One factor may be the limits on these contributions. Many pre-retirees who are old enough to “catch up” would like to contribute considerably more to their retirement plans, as they need to ramp up their rate of saving.

CAN HAVING THREE GOOD FRIENDS PROMOTE A HAPPY RETIREMENT?

We can reasonably say that the more money you retire with, the more potential you have to enjoy retirement. Now, what about friendship? If you maintain some strong friendships and an active social circle after age 60, can that make a big difference in the quality of your “second act”?

IS FINANCIAL HEALTH A FACTOR IN YOUR OVERALL HEALTH?

Data from a newly released Harris Poll of more than 1,000 U.S. workers suggests that a majority of pre-retirees might answer “yes” to that question.