3 Moves Guaranteed to Shrink Your Social Security Check
Social Security benefits are an important income source for many seniors. If you expect these benefits to play a big role in funding your retirement, you need to understand that certain actions could shrink your monthly payments. Specifically, if you make these three moves, you’ll end up with less money flowing into your bank account […]
Should You Keep Saving for Retirement if You’re Worried About a Recession?
I met a group of friends for brunch this past weekend, and somehow, the discussion shifted from our kids’ soccer tournaments and cellphone obsessions to the state of the economy. Nobody knows what’s in store this year as tariff policies unfold and inflation does its thing. But the consensus among my group of friends is […]
Americans Worry About Running Out of Money in Retirement More Than Dying. Here Are 5 Things You Can Do to Have Peace of Mind.
What’s more concerning than death? For nearly two in three Americans, it’s running out of money during retirement. That’s the finding from Allianz‘s 2025 Annual Retirement Study. A whopping 70% of individuals in their 40s and 50s are worried about their money stretching out far enough. The numbers are also high in other age groups, […]
One Sure Way to Turbocharge an IRA
About 4.2 million Americans will turn 65 this year. While not all of them will retire right away, they’re getting close. And yet, Americans don’t appear to feel optimistic about their financial readiness. A recent Gallup poll showed that only 45% expect to be financially comfortable in retirement. If you’re one of the majority who […]
You Can Get Out of Paying Taxes on Social Security Benefits. Here’s How.
Most people know what it take to qualify for Social Security, more or less. You work and pay taxes on your income, and in exchange, you’re eligible for benefits down the line. Of course, this is a very simplified explanation. There are certain earnings requirements you need to meet to be entitled to Social Security […]
