When it comes to planning for retirement, healthcare costs are one of the most overlooked factors. Yet for many retirees, health-related expenses can be one of the largest items in their budget. Even when covered by a retiree health planREAD MORE
Planning For Retirement
For many people just starting out in their careers, planning for retirement is somewhat of an abstract concept because it’s just too far away. But the fact is that it’s easier to make money when you’re younger. Most of usREAD MORE
read·i·ness noun 1. the state of being fully prepared for something. 2. willingness to do something. Being ready to retire is more than just being willing to retire. Ensuring financial security for the rest of your life requires planning, discipline,READ MORE
To be financially comfortable in retirement, the general rule of the thumb is that you’ll need approximately 80% of your annual pre-retirement income. Spending in retirement is a mixed bag. You can get by on less because some monthly expensesREAD MORE
When planning for a comfortable retirement, taxes are a significant consideration. Taxes are among the largest contributors to your cost of living in retirement, and cost of living can make the difference between a comfortable retirement and a meager one.READ MORE