How Will the 2024 Election Results Affect Your Social Security and Retirement Planning? The 2024 U.S. presidential election could impact Social Security benefits, taxes, and retirement strategies. Candidates propose different approaches, such as tax increases, adjusting benefit formulas, and changing retirement age requirements. Understanding the current state of social security and upcoming potential changes can…
Retirement Income
How to Secure Your Dream Retirement Even If You’re Behind on Savings
5 Strategies to Boost Your Retirement Savings: A Guide for Pre-Retirees Approaching retirement should be exciting, but what if you don’t have enough saved? Don’t panic – you have options to boost your retirement savings. Here are five strategies to help you catch up on savings and secure the retirement you want: 1. Adjust…
Maximizing Social Security Survivor Benefits: What Couples Need to Know
Secure Your Spouse’s Future: Understanding Survivor Benefits and Social Security Claiming Strategies Coordinating Social Security benefits with your spouse is a key part of retirement planning. Many couples focus on maximizing their retirement benefits as soon as possible, but this approach often overlooks a critical factor: one spouse is likely to outlive the other….
Your 401(k) or IRA is Not a Retirement Plan
If you save in a 401(k) or IRA, congratulations! You’re taking a great step toward financial success and well-being, potentially using tax advantages through these accounts, or picking up free money as employer contributions. Undoubtedly, contributing to these retirement plans is a must if you want financial independence and stability down the road. However, “employer-sponsored…
You must be logged in to post a comment.