Retirement Plans for the Self-Employed

Retirement Plans for the Self-Employed

Participating in an employer-sponsored retirement plan is one of the best ways to save for retirement – especially if they match your contributions. But what about for those who are their own employers? According to a recent study, the number of...
4 Tips for Living Well on a Fixed Income

4 Tips for Living Well on a Fixed Income

How to Thrive While Living on a Fixed Income in Retirement When they hear the term “fixed income,” many people envision a paltry monthly living allowance that provides little if any discretionary funds to enable someone to actually enjoy their life. However,...
Annuities Explained: What You Should Know

Annuities Explained: What You Should Know

Everybody knows about a checking account, advantages of a savings account or how to buy a certificate of deposit. However, if you ask them what an annuity is, you will probably get some shrugs. Annuities are often misunderstood, so in this article we’re...
What is a 401k Hardship Withdrawal and Should You Ever Take One?

What is a 401k Hardship Withdrawal and Should You Ever Take One?

So, we all know that 401ks are meant for retirement savings. But we also all know that once in a blue moon, a situation arises – a big unexpected medical bill, lingering credit card debt, or a down payment on a home – where we kind of wish we could tap some...
What are the Best States to Retire In?

What are the Best States to Retire In?

Congrats! Your kids are out of the house, your mortgage is paid off, and you’re ready to retire. So now the question is: where should you retire? Does it Make Financial Sense to Relocate in Retirement? For those of us who want to retire in the US, there are...
How to Plan for Health Care in Retirement

How to Plan for Health Care in Retirement

The New York Times recently reported that the share of Americans with health insurance declined in 2018 — the first drop in this statistic since 2009. For many Americans, health care costs are a major cause of stress and worry, but even more so for...
Can I Contribute To A 401k And An IRA?

Can I Contribute To A 401k And An IRA?

This question comes up frequently when it comes to retirement: can I contribute to a 401k and an IRA? Fortunately for your retirement nest egg, you can contribute to both types of retirement accounts. In fact, both workplace and individual retirement...
Understanding Sequence Risk

Understanding Sequence Risk

If you are like lots of investors, you’ve probably never heard of sequence risk — also called sequence-of-returns risk — but it is a particularly pertinent concept for those nearing or just entering retirement. Simply put: Sequence risk refers to the order...