PeopleImages | E + | fake pictures Deciding when to take your Social Security retirement benefits is a crucial decision no matter when you do it. Making that call during the coronavirus pandemic can increase the stakes. This is because the age at which you decide to claim will block …
Read More »Retire or go back to work? That is the question that many ask themselves in the midst of the pandemic.
The coronavirus pandemic has not only pressured Americans’ retirement savings, but it has also altered the time of retirement for many, speeding up financial decisions and forcing people to understand their income and healthcare options. Among those who left the workforce between January and April, 60% say they planned to …
Read More »A foolproof way to generate retirement income for the rest of your life.
The secret to generating sustainable retirement income is right in front of you, and the IRS has had it all along. Retirees generally know everything about the minimum required distributions. This is the annual withdrawal you must take from your individual retirement account and 401 (k) plans after you turn …
Read More »Why is there so much drama about when to claim Social Security?
No wonder there is such wide disagreement about the optimal age to start receiving Social Security. The seemingly trivial differences in the way you ask the question lead to dramatically different answers. You’ll get an answer if you frame the problem in terms of how long future retirees must live …
Read More »This single mother started with $ 20,000 and is now an early retired millionaire. Here is one thing that helped her
Jackie Cummings Koski has been a member of her local investment club for 11 years and is now on the board of directors, but when she started she had little money for her name and no clear path to financial freedom. Divorce inspired this woman to learn about money and …
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