For many people, this total can be staggering. As you financially prepare to quit your job,take a good look at your fees. There are more obvious fees like interest paid on a credit card or mortgage, but don’t overlook the less evident ones, such as those related to monthly an...
When it comes to retirement planning, much of the focus usually rests on the actions you have to take to prepare a nest egg for your golden years. But what if your retirement savings run out before you do? This is where the concept of longevity risk comes into play. Longevity risk is ...
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.
Plan for a Shorter Working Month Create a budget and track your spending to prepare financially for potential budget shortfalls. Aja McClanahanFeb. 6, 2025 The Best Days to Shop in 2025 Some of the best times of the year to save money are three-day weekends attached to major ...
As we welcome a new year, it’s the perfect opportunity to refocus on your financial health. By setting clear goals, automating your savings, and utilizing resources available to you, you’ll be on the right track to making 2025 a financially fulfilling year. At Middlesex Savings...
Prepare yourself financially and emotionally if you plan to retire this year. It can be helpful to consider your priorities in retirement as you shift into this new phase. If you’re thinking about retiring this year, there are steps you can start carrying out before you step away from work...
is currently expected. Locally, before the launch of the pre-retirement education programmes by the Retirement Benefits Authority (RBA), the majority of employees were living for barely five years upon leaving work. This was attributed to lack of awareness on preparedness financially and ...
Many of you will not have an old-fashioned pension to rely on, and will instead have to make big decisions that will impact how much income you receive from Social Security, and how to make withdrawals from your retirement accounts at a pace that won’t
By slowly paring down your hours or shifting to part-time or consulting for a few years, you’ll get used to working less and can start to fill your time in other ways. This can also help you financially, as you will add some cushion to your retirement fund before clocking off complete...
Setting short-term financial goals, as well as mid-term and long-term, is an importantstep toward becoming financially secure. If you aren’t working toward anything specific, you’re likely to spend more than you should. You’ll then come up short when you need money for unexpected bills...