Everyone has a different idea of what their retirement fairy tale looks like. For you, it may mean spending more time with your loved ones, taking up a new hobby, or finally checking off items on your bucket list. Perhaps it means transitioning from your career into launching a new business. Whatever it means to…
If the idea of being your own boss and controlling your own earnings makes your heart flutter, your destiny may be to become an entrepreneur. Your experience in the job market or stunted professional achievements may have made you realize that working for others is no longer the life you desire. However, without the benefits…
According to a study conducted by the Urban Institute and ProPublica, over half of workers over age 50 encounter a forced early retirement. This research also suggests that many of these workers will suffer financial setbacks, making retirement planning vital to their financial security. While many dream of the day they can quit their job…
You’ve worked hard and saved for years, and now the time has come to start utilizing your life savings. Even if you don’t need the extra income, the IRS requires you to begin taking distributions from your traditional IRA or employer-sponsored accounts at a specific age. Since your contributions have been tax-deferred, Uncle Sam wants…
Can you imagine a worry-free retirement? Well, developing a retirement budget can help you worry less and have more fun during your golden years. Additionally, putting a plan in place may cut your future financial stress. So, if you want to focus on a playful retirement, here are some tips to creating the ultimate retirement…
The Week on Wall Street Stocks ended last week higher as volatility slowed, completing their best quarter since 2009. A Friday tweet from Treasury Secretary Steven Mnuchin encouraged investors, referring to “constructive” discussions in the ongoing U.S.-China trade negotiations.[1] The S&P 500 gained 1.27% for the week. The Dow Industrials and Nasdaq Composite both exceeded…
We all make mistakes, some more than others. Some of these mistakes can lead to financial turmoil. If we continue to make them it could even lead to bankruptcy. If the increased stress and frustration wasn’t enough, you also have to manage the difficulty of figuring out how to turn it around and get righted…