The first five years of retirement are crucial. Watch out for the ‘thieves’ of retirement wealth.
How to make sure your money lasts the rest of your life.
I’m 62 and retired with $1M and no debt. My objective is income. A financial adviser wants 1.25%, but I’m wary of paying them regardless of performance. What’s my move?
Question: “I’m 62 and retired with $1 million in savings and zero debt. My objective is income. When it comes to hiring a financial adviser, is 1.25% worth it?
Young Americans Are Not Hopeful About Retirement
A significant proportion of young Americans are pessimistic about their retirement prospects, according to an exclusive Newsweek poll. The survey, conducted by Talker Research between December 23 and 30, saw 1,000 employed U.S. adults quizzed on how [...]
7 Financial Strategies Retirees Can Learn From Those Still in the Workforce
Retiree households over 65 spent $57,818 on expenses in 2022, according to the most recently available data from the Bureau of Labor Statistics (BLS). While this figure will vary due to numerous factors, it’s worth pointing out [...]
Experts Say You Need This Much in Savings To Retire at 65
As your golden years approach, the question that looms large is how much you should have in savings when you retire — especially if you want to retire at 65 instead of full retirement age.
Safest Places To Put Your Money During Economic Uncertainty
In a whiplash economy where tariffs, tech and tweets move markets, investors just got a rare moment to exhale. Markets climbed recently after the U.S. hit pause on new tariffs for European goods, giving investors a break [...]
How To Protect Your Money From a Stock Market Crash at Every Age
According to a recent Allianz Life survey, 51% of Americans admitted to being worried about another stock market crash and 67% were worried that their short-term investments didn’t have adequate returns to fight against inflation.
10 Expenses You Can Eliminate in Retirement
Retirement may put you in a lower tax bracket and open up new tax-saving opportunities as you plan your withdrawals and charitable giving. Once you’re no longer working, you’ll have time to enjoy plenty of leisure activities in retirement. [...]
When Should You Hand Over the Keys — to Your Investments?
Saving money for retirement is not always an easy feat. But it may be a point of pride that you’re not only someone who consistently saves a portion of your paycheck, but also oversees your own investments.
How to Build a Family Financial Plan
A family financial plan can steer your family toward financial success, helping you achieve your life goals and minimizing the sacrifices you need to make to reach them. But developing a financial plan can be complex, since [...]
