Category: retirement

12 Tips for Making Your Retirement Savings Last

It’s an interesting time to think about retirement with so much uncertainty in the world. At the same time, planning for the future is essential. If you don’t already have a savings plan, now is the perfect time to start thinking about how you’ll support yourself and your family during your golden years. Here are…


Millennial: Can Job-Hopping Help Retirement Savings?

Millennials have been coined the “job-hopping generation,” and I’ve contributed to that stereotype. I started my career at 22 and have job-hopped almost every year since. For many of those years, I was young and restless, and there was another part of me looking for more fulfilling work and pay that reflected what I was…


The 7 Retirement Planning Mistakes You Can’t Afford to Make

Unless you’re a financial advisor, the idea of planning for retirement probably doesn’t get you excited. However, if you want to enjoy a comfortable life down the road, you have to be intentional about this aspect of personal finance. It doesn’t seem urgent when you’re 25, 35, or even 40, but it’ll be critically important…


The Common Mistakes You Should Avoid When Building Your Tax-free Nest Egg

A Roth IRA is a fantastic vessel for anyone wanting to save for retirement. One of the best things about a Roth IRA is that while your contributions are not tax-deductible, your contributions grow tax-free. While a Roth IRA is an excellent way for future retirees to set themselves up for a better tax situation…


Growing Your Nest Egg with a Roth IRA

A Roth IRA is a fantastic vessel for anyone wanting to save for retirement. One of the best things about a Roth IRA is that while your contributions are not tax-deductible, your contributions grow tax-free. While a Roth IRA is an excellent way for future retirees to set themselves up for a better tax situation…


Top 11 Summer Side Hustles for Retirees

Summer has always been a great time to relax and enjoy your free time, but now that you’re retired, it’s as good a time as any to take on a new side hustle. Unlike most other people who don’t have the luxury of time to spare to make some extra cash any time of the…


Nothing That Special About Age 70

I wrote a recent column in which I pointed out that waiting until 70 to start your Social Security, which is the mantra of almost everyone who is trying to “maximize” their retirement benefit, is not always the smartest move. But still many people insist on waiting until that alleged magic age to draw their…


Principal Annuities: What You Need to Know

Annuities, at their core, are simply tax-deferred investments sold by insurance companies to supplement financial security during retirement. At the same time, there are many different types of annuities that make annuities more complex. ‌As‌ ‌a‌ ‌result,‌ ‌Americans may be scared of annuities when ‌considering‌ ‌their‌ ‌financial‌ ‌goals. With that said, one of the most frequent questions…


9 Ways to Invest in Real Estate for Retirement

Investing in real estate is one of the oldest forms of investing and many people consider it to be a safe investment compared to other more volatile investments like stocks. This is because traditional real estate investing, or buying rental properties, provides more stability than the stock market does. When you buy a house or apartment…


4 Top Tips to Protect Your Portfolio Against a Recession

By James Royal From Bankrate.com With stocks plummeting and interest rates rising, many investors expect a recession in the near future. So how can you prepare your portfolio for a possible downturn? Bankrate’s Second-Quarter Market Mavens survey asked professional investors what you should do to protect your money and how to invest in the event…