Image source: pixabay Though you might be decades away from quitting your job forever, taking the proper start is everything when it comes to planning your retirement. During each stage of your journey towards retirement, you need to be aware of the crucial money moves to make, your target savings goals, and the ideal way in...
Tag: retirement
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Capitalize on your Retirement Sweet Spot – What Steps to Take
While you’re heading towards your retirement, there is a high chance that you’re also stepping into a special time to do some really worthy tax planning. What is this sweet spot? It is the stretch of time in between when you retire from your full-time job and when you begin to take the minimum distributions...
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3 Signs That you’re Ready to Retire – How to Know it’s the Right Time
Image source: Pixabay There are many who tend to time their retirement and try to retire in such a manner that they reach a definite milestone like ‘complete 35 years on the job’ or ‘saved $1 million’ or ‘reached 65 years of age’. Little do they realize that more than reaching any milestone, one has...
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Everything you Didn’t Know About Retirement Taxes
Image via Pixa Did you know that you will have to pay more “complicated” taxes once you retire? No? that’s okay, you definitely aren’t the only one who didn’t know this. If you’re planning to retire soon, here are a few things to consider: How Much do you Know about Retirement Taxes? Understanding what is...
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Don’t Make These Mistakes When Planning For Retirement
Ready to start planning for your retirement? Even if you are only just in your twenties or thirties, this is certainly something that should be on your mind to put aside plenty of money for a comfortable retirement. Think saving for retirement is as simple as paying into a pension and making a few other...
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A Financial Survival Guide To Retirement
Image Source People are living longer – and state pensions are getting smaller. Retirement ought to be the time in your life where you finally have the ultimate freedom to do as you desire. Planning and knowing your rights as a retiree can all ensure you aren’t left restricted by your finances. Here are just...
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Retirement In The Future Could Be A Disaster
When you retire, it’s the end of your fixed income. This means you will have to survive on whatever you have saved over the years or whatever the government provides. But there are a few issues here. First, it’s fair to say that the money people have for retirement from the government could run out...
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Retirement trends seen among baby boomers – Bracing yourself against all odds
Baby Boomers are said to have been born between the years 1946 and 1964 which means they’re now between the ages of 51-70. There’s good news for this entire gang of baby boomers as you’re probably going to live longer and not only that you will probably also lead a better life than your grandparents...
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Millions Freak Over Retirement but Don’t Take Any Noteworthy Steps – Word of Caution
Currently, the young workers can’t even dream of retiring at the age of 40-50 years. The Prospect of weak investment returns and extended mortality rates probably means that millennials will require saving money as compared to their parents. The sooner they start saving, the easier it will be for them to accumulate a nest egg....
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New Changes to the Retirement Account Rules to Know of – Retire Debt-Free
Did you know that contributing a portion of your income to retirement accounts can help you qualify for tax breaks and sometimes even for employer contributions? Another new and lucrative perk which retirement accounts like 401(k) or IRA will now have is a legal necessity for investment advice which isn’t biased. Apart from this one,...