A New Age of Retirement Life

retirement life

It’s not uncommon to hear about retirees getting bored with their long-awaited life of retirement. Most people would assume that the main reason is because of hardship with their finances, especially with current circumstances taken into account. Retirees are not making enough of a retirement income to last, and therefore need to step back into…

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6 Retirement Myths

retirement myths

With thousands of online articles feeding individuals retirement information, it’s safe to say that there are a few myths out there. Much of the information online is either incomplete or incorrect — sometimes causing panic among future retirees. There is no “one size fits all” solution to personal finance questions. Every year, the numbers change,…

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401k Assets Totaled $6.9 Trillion in First Quarter

Retirement account balances continued their post-pandemic recovery in the first quarter, up 1.8% from December, and totaled $35.4 trillion. Retirement assets accounted for 32% of all household financial assets in the United States, according to the Investment Company Institute. Assets in individual retirement accounts (IRAs) totaled $12.6 trillion, an increase of 2.8% from the end of the fourth quarter…

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Preparing for Retirement: Four Time-tested Truths

retirement planning

After all your hard work over the years, you want to ensure you have the retirement of your dreams. There are various actions and paths you can take when preparing for retirement. The Retirement Industry Trust Association (RITA) can help you develop an efficient and targeted plan that will satisfy your unique preferences. Let’s look…

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3 Advantages of a Self-Directed IRA

self-directed IRA

Many people are unaware of the advantages provided by self-directed individual retirement accounts. These are also referred to as self-directed IRA or SDIRAs. Even those who are aware may underestimate this account’s wealth-building potential and the amount of personal involvement it typically requires of the investor. Though governed by complex regulations, the self-directed account allows…

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4 Tips on How to Retire Early

retire early

Growing up, you were probably taught with the mindset that you go to school, graduate, work, and then retire. Maybe you were raised to go to school, meet someone, get married, have children, and be a stay-at-home parent. Whatever was instilled in you as a child, it all leads to one thing: retirement. Most people…

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Heading Into Retirement with Student Loans

student loans

Heading into retirement with student loans has become a disturbing trend that can mean economic hardship for millions of individuals later on. Many individuals tend to push away the idea of even saving for retirement if they’re still trying to pay off their student loans. While paying off student debt can prove to be a…

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Six Best Places to Retire in 2021

places to retire

Ideally, when you are ready to retire, you will have saved up the right amount of money to relocate to an area that will give you the quality of life you deserve. You’ll be able to leave that congested, crowded city and move to a location that better suits your interests. With so many beautiful…

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