[youtube https://www.youtube.com/watch?v=-88hSQUR4tw]A pretty accurate definition of retirement is doing what you want when you want to do it. In other words, it’s when you are able to start living life on your terms financially. The amount of time to reach this point varies from person to person, but it comes down to more than just what [...]
The following article was published by the IRS. Retirement can affect someone’s tax situation. Anyone who has retired recently — or who plans to retire soon — can visit IRS.gov for information that can help them prepare for filing their taxes next year. Here are some tools and resources for retirees, all available on IRS.gov: Individual [...]
[youtube https://www.youtube.com/watch?v=FijLwZjy7pE]Investing is undertaken by millions of Americans every year. The vehicles most often used to invest in the stock market are mutual funds and retirement plans. But so often investment strategies are riddled with mistakes. One of the most common mistakes? Paying extra but not getting extra. Even if you don’t pay for a financial [...]
[youtube https://www.youtube.com/watch?v=_Iqf9FpfOjw]A 529 plan is a specialized investment account that was created to help families save for future college expenses. This can be for a traditional 4-year college or university, or even a community college. The tax benefits of these accounts are undeniable. Much like a Roth IRA, the money in these accounts grows tax-free throughout [...]
[youtube https://www.youtube.com/watch?v=7o_quiZNspU]When most people think of retirement, they imagine copious amounts of free time and socializing with friends while playing golf or shuffleboard. But in reality there is so much more to think about before these dreams can come to fruition. The most important first step is considering where you are going to stash your retirement [...]