Tip of The Month

Although the age to claim Medicare is 65, many senior benefits and discounts begin much earlier. When you turn 50, you can join the AARP or AMAC and start taking advantage of senior discounts. Other reductions have minimum age requirements, which vary by employment or location and might range from 50 to 65 years. Are […]

Many retirees are concerned that they may outlive their savings, making it hard for them to spend money during retirement. Can you blame them for being scared to spend? Much of the financial world is focused on how woefully unprepared most Americans are for retirement. There’s also much focus placed on a 3%, 4%, or

Taking out an extra $10,000 from your savings for a new roof may not seem like a big deal at the time. However, costs build up, and plans to cover future expenses may be disrupted. Every penny counts in retirement, so you should create a detailed budget that addresses as many potential issues as possible.

When employees change jobs, their retirement plan accounts may be left behind and eventually forgotten. Fortunately, a new federal database should make it easier to find your lost retirement accounts from previous employers. In May 2021, there were over 24.3 million forgotten 401(k) plan accounts, valued a combined $1.35 trillion. For May 2023, over 29

Traveling in retirement could be your golden ticket to a new level of freedom, with each day bringing new adventures and discoveries. If you’re the type of person who deeply appreciates travel, of course. It provides the ability to discover new places; dedicating a trip to exploring one area rather than skimming the surface of

For countless workers, retirement represents the ultimate goal: the day you leave work, return home, and never look back. Retirement, however, is not always what is expected of it, and many retirees regret the decisions they made before leaving work. As retirement draws near, several questions need to be considered. However, be sure you’re making