The joys of self-employment are many, but so are the stressors. High among those is the need toplan for retiremententirely on your own. You are in charge of creating a satisfyingquality of lifepost-retirement. When it comes to building that life, the earlier you start, the better. Lucki...
The article presents a study on the trends in retirement planning in the U.S. It mentions that 50 percent of U.S. households will be prepared to retire at the age of 65, which indicates the importance of Social Security benefits in improving retirement readiness. It states that younger ...
The last part of planning is taxes: If you’ve receivedtax deductionsover the years for the money that you’ve contributed to your retirement accounts, then a significant tax bill awaits when you start withdrawing those savings. There are ways to minimize the retirement tax hit while you save...
“We can see the benefits of early retirement planning – we are financially very comfortable and have enough liquid assets to travel,” says Ho. “We have even contributed to our children’s first homes. We have been able to afford a helper, which frees up time for us to do volunteer ...
EP Wealth Advisors is dedicated to making your retirement dreams a reality. Find out how our POM Planning Model can help you reach retirement goals.
Planning for retirement is important at all stages of your life. Use our retirement planning resources to help you move from one life stage to the next.
Getting a fixed monthly income after retirement needs planning and strategies. I provide tips that can help you get started. Retirement plan must begin when you are young. The right time to start investing is when age is still on your side. Once you retire it becomes difficult to maintain ...
If you have an idea of what youwant to do in retirement, consider trying out some of the activities. Perhaps you’ve always wanted to spend time on the road in an RV but have never vacationed in one. You might rent a motorhome for a weekend or two and take a trip nearby to see ...
When it comes to retirement, you need to know how much you need. During your retirement years, you will need money to sustain you. It is essential to understand how much you will need so that you can start planning. You do not need to have the exact figure. It is possible to estimat...
Whether you’re just starting your first job or only a few years from finishing your career, it’s important to know how to start saving for retirement. Early retirement planning is best, of course, but if you learn how to budget your money, you can plan and put away savings for your...