Best Countries To Retire On A Budget

You may discover that your savings account won’t get you much farther in the United States after working long and meticulously preparing for retirement, but there are alternative options. Your money might go a lot further outside the country, and those possibilities might be safer and more inviting than you imagine. I have put together … Read more

How Do I Roll Over My 401k After Leaving My Job?

Thinking of leaving your job but worried about your 401k? You’re not alone. Many people are thinking about this today and their biggest question is how do they rollover their 401k after leaving? This article explains the ins and outs of making the move and what you need to consider with your 401(k). I cover … Read more

401k Investments for Young Adults

Can you become a millionaire with a 401(k)? Yes, you could become a billionaire with your 401(k). Your savings will increase tax-free over the course of 30 or 40 years if you start making small, consistent deposits in your 20s or early 30s. Choosing to participate in 401(k) contributions is a pivotal move, yet formulating … Read more

Best Tax Strategies for Retirees

If you are one of the many retirees out there who are worried taxes can impact the future of your financial circumstances, then this guide is for you. According to the 2022 Thrivent Retirement Readiness Survey*, nearly two-thirds of retirees express a desire to have advised their younger selves about understanding the role of taxes … Read more

Retirement Communities for Active Seniors

In today’s fast-changing world, retirement is no longer about slowing down but embracing new adventures, social connections, and an active lifestyle. This comprehensive article covers the evolving landscape of active adult communities designed for the 55+ age group who are looking for more than just a quiet place to live. I cover the costs involved … Read more

Active vs Passive Investing For Retirement

The two opposing approaches to investing in the markets are passive investment and aggressive investing. Both compare their performance to popular benchmarks like the S&P 500, although active investing often seeks to outperform the benchmark while passive investment seeks to mimic its performance. Active Vs Passive Style of Investment Active investing involves active funds management … Read more

Disadvantages of SEP IRA

This article discusses the disadvantages of a SEP IRA account, along with the advantages and so much more. If you’re interested in learning everything there is to know about this type of IRA account, then you’re in the right place. Keep reading before you invest and/or make any changes to your retirement plan. Due to … Read more

Roth 401K Vs Traditional 401K For High Income Earners

The wealth held within 401(k) plans has experienced an exponential surge over the past two decades. From the year 2000 to the present, the combined assets of defined contribution plans have increased nearly fourfold, soaring from $3.0 trillion to an impressive $11.2 trillion. As a result, a sizable number of people now rely on these … Read more

How Does A 403b Work When You Retire?

For those employed in non-profit or tax-exempt organizations, you may have noticed a conspicuous absence in your retirement choices. A thought might cross your mind: Why is the 401(k) option absent here? The reason lies in the fact that professionals like educators, government workers, nurses, doctors, and those dedicated to service-oriented careers are provided an … Read more

Should You Max Out Your 401k?

Personal finance wisdom dictates that everyone should save as much money as they can towards their retirement. Many experts state that the more funds an individual allocates to their savings, the better it is for them when they retire. However, that is not always the case, especially knowing that every individual’s financial situation is different. … Read more