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4 major sources of retirement income include What’s your biggest retirement fear? If it’s running out of income in retirement, you’re not alone. According to a recent study from Transamerica, the number one fear for Baby Boomers is outliving their assets and running out of income.1 Boomers aren’t alone. Generation X is also projected to be […]

The coronavirus pandemic has touched nearly every aspect of our lives. Perhaps nothing has been impacted as much as the way we work. While millions of Americans have lost their jobs during the pandemic, those who remain employed have seen their work change drastically. In many professions, work-from-home has become the norm; not the exception.

Are you a first-time homeowner? Maximize tax deductions and get the most out of your return. Here’s how.  ​Buying a new home can be an exciting and rewarding experience. While first-time homeownership can come with a lot of initial expenses, it also can come with some money-saving tax breaks as well. Now is the time

How much is your Social Security benefit worth? Social Security can provide you with an estimate of your benefit at retirement, but that’s in terms of how much income you’ll receive each year. How much would that income be worth if it were valued as a lump sum asset, like your 401(k) or IRA balance?There’s

Whether your 20, 30, 50 or somewhere in between learn how to invest at any age to secure a more comfortable retirement.Your mindset and goals continually evolve over time. At age 25, you might be focused on paying off student loans and saving up for your first home. Your career is just getting started, and

One of the most common misconceptions about retirement is that “retirement is a single event.” Not so many people understand that retirement, just like work-life, has stages. Although retirement may be unique to each person, it generally passes through three stages or phases namely; active retirement stage, slow down retirement stage, and inactive retirement stage. Understanding

Starting college is supposed to be a milestone moment, not just for the student, but also theparents. You pack up the car and make the drive to your child’s dorm. You may set up furniture,meet their roommate and even take a tour of campus. Eventually, the move-in process ends,and it’s time to leave your child

Retirees are often aware of the detrimental effects of inflation on their retirement savings. As the cost of goods rises, the value and buying power of many retirement accounts diminish. And for some retirees, maintaining their savings and lifestyle becomes a challenge. Luckily, there are different methods retirees can use to adjust for inflation and help

​If you’re a little behind on retirement savings, don’t panic. Here’s three ways you can catch up and bulk up your account. Fact: According to the U.S. Government Accountability Office (GAO), over half of all Americans 55 years 1or older have no retirement savings. Among those who have managed to put some money aside for retirement, their

The United States set a somber record on Thursday, July 16, 2020, with more than 75,000 new COVID-19 cases. In fact, the U.S. set new single-day COVID-19 records 11 times between June 17 and July 16. Dr. Anthony Fauci predicts the country will soon top over 100,000 new cases each day.1 COVID-related deaths are also