Unlock the secrets of smart financial moves in times of extra cash or retirement. Learn about Money Market Funds, emergency fund strategies, and retirement planning. Your comprehensive guide to optimizing your finances for a secure future.
Stay ahead in retirement planning with the latest changes to 401(k) plans in 2024. Explore updated contribution limits, match rules, and eligibility criteria for part-time employees. Our comprehensive guide empowers both new and seasoned savers, offering strategies to maximize contributions and understand the tax advantages of traditional and Roth plans. Adapt to the evolving landscape and secure your financial future. Discover the nuances of part-time employee eligibility, ensuring compliance with Secure Act 2.0 regulations. Stay informed, make strategic decisions, and optimize your 401(k) for a successful retirement journey in 2024.
Transform Your $50k+ RMD: A Financial Odyssey! Unlock strategic options, from tax-smart investments to building a legacy for your grandkids. Dive into Qualified Charitable Distributions and navigate the mysteries of Roth Conversions with real-life examples. But proceed with caution – expert guidance is key. Consult seasoned professionals to ensure your wealth grows, your legacy thrives, and your financial future sparkles. Dive into our guide now for a captivating financial adventure!
Retired individuals frequently contemplate the amount they can withdraw from their portfolio while avoiding the risk of insufficient funds. In response to this issue, the 4% Rule is widely utilized in retirement planning. It calculates a secure annual withdrawal rate from a retirement portfolio to prevent its rapid depletion.
Wealth experts offer various rules of thumb about how much you need to save. Some suggest $1 million, others say 80-90% of your annual pre-retirement income, and others still say 12x your pre-retirement salary. But what is right for you? And how do you know you're on track?
Right-sizing is the process of selling your home to get into something that fits your lifestyle and better serves your needs. If you’re looking for a lifestyle change, the equity in your home can become a useful tool.
How has your retirement strategy changed over time? This article explains several types of retirement strategies, and explains several of the factors to consider as you plan for your golden years.
The Social Security Administration (SSA) officially announced that Social Security recipients will receive a 5.9 percent cost-of-living adjustment (COLA) for 2022.
Net worth is just one part of your financial picture, but it’s a good diagnostic to know. Learn more about how to calculate your net worth and why it matters.