Today: 16. Nov, 2024
Retirement marks a significant transition in life, often accompanied by the challenge of managing living expenses without a steady income. A recent study by U.S. News and World Report unveils the 2024 list of the most expensive places to retire in the…
The aspiration of reaching a million-dollar Roth IRA resonates with a desire for financial freedom, a goal that’s not just wishful thinking but an achievable milestone with the right strategy and discipline. Despite the challenges posed by contribution limits and income thresholds,…
Financial stability is juggling priorities in the current economic landscape, marred by the coronavirus pandemic. Certified Financial Planner Brandon Renfro provides insight into one of the most pressing questions individuals face today: Should one lower retirement savings to pay off debt? With…
Managing personal finances can often feel like a delicate balancing act. With questions such as “Should I pay off all of my debt before investing?”, “Should I save for a home or my child’s education?” and “How much should I save for…
These cost-effective, well-diversified funds can be your solution for those aiming to streamline their retirement investment journey. A robust retirement portfolio hinges on nailing three main aspects: an apt mix of investments, minimizing fees, and ensuring the assets align with your retirement…
Here’s a guide to understanding if you’re excelling in your retirement-saving efforts. Calculating the exact retirement savings one needs can be a daunting task. Some adopt straightforward methods like saving a fixed percentage of their earnings, say 10% or 15%, while others…
The alarming reality confronting numerous Americans is the impending retirement age without any financial cushion. Recent data shows a mere 10% of low-income workers aged between 51 and 64 had retirement savings in 2019. This is a sharp decline from 20% in…
Seeking higher returns with alternative investments such as real estate and private equity has its challenges. Are these choices suitable for your financial goals? Planning for a secure retirement often hinges on the strategic decisions made about the makeup of your investment…
The newly appointed Finance Minister of Alberta, Nate Horner, has been directed by Premier Danielle Smith to keep pursuing a separate pension plan and tax collection agency for Alberta. A mandate letter made public by Smith instructed Horner to lessen dependence on…
According to recent data, the estimated amount Americans believe they’ll need for a comfortable retirement is on the rise. This brings up important questions about individual retirement planning. Every individual has unique retirement dreams and needs; unsurprisingly, these vary significantly. Nevertheless, most…
