The benefits of aging include senior discounts, wisdom gained from experience and â when it comes to retirement saving â catch-up contributions. Anyone 50 and older have the option to contribute extra cash to a wide variety of retirement accounts. And ⦠Continue reading â
The post Retirement Catch-Up Contributions Get Bigger But Beware These Tax Changes appeared first on SmartAsset Blog.
According to the insurance research firm LIMRA, life insurance ownership is at its lowest point in over 50 years. This is a crazy statistic considering that approximately 44% of those who took part in the survey said they don’t have enough money to pay for expenses if their loved one were to pass away suddenly. […]
The post Do You Have Life Insurance? appeared first on Making Sense Of Cents.
Medicare is an excellent government program that helps seniors pay for necessary medical expenses that they would not be able to afford otherwise, but there are a lot of things that the program doesnât pay for. Millions of Americans rely on Medicare to get the healthcare that they need, but there are dozens of different […]
The post Understanding Medicare Supplement Plans – AKA Medigap Plans appeared first on Good Financial Cents®.
If youâre approaching retirement age, you have a lot to think about. Focusing on limiting your tax liability can be especially valuable. After all, the more taxes you pay in retirement, the less money youâll have to live off. If ⦠Continue reading â
The post 5 Ways to Reduce Tax Liability in Retirement appeared first on SmartAsset Blog.
Hello everyone! Today is my birthday. I am the big ol’ 25 today! 🙂 I plan on relaxing and eating a ridiculous amount of sushi today as my birthday treat. Anyway, as a personal finance blogger, I hear a lot about everyone else’s money stories. For the most part, I hear a lot of excuses […]
The post 6 Reasons You’re Horrible At Saving Money appeared first on Making Sense Of Cents.
Creating an estate plan, writing down your last will and testaments, and identifying a healthcare proxy donât seem like a fun way to spend a weekend. However, organizing your end of life paperwork and making sure you have a plan for your finances are some of the most important tasks you can complete as an […]
The post Your Last Will and Testament appeared first on Good Financial Cents®.
Retirement is a major milestone that most couples look forward to. But some couples find the transition to retirement negatively impacts their marriage, sometimes resulting in irreconcilable differences and divorce. Rates of late-in-life divorce, also called âgrayâ divorce, have risen ⦠Continue reading â
The post How to Navigate a Divorce After You Retire appeared first on SmartAsset Blog.
Hello! Please enjoy this amazing post by a blogger friend. Women face different obstacles than men do when it comes to investing in the stock market. Right off the bat, they tend to have less in savings because women often take time off to raise children. With years of not earning a salary, there is […]
The post The Smart Woman’s Guide To Investing Success appeared first on Making Sense Of Cents.
Youâve probably seen dozens of lists like this, but letâs admit it – most of them center on locations that are already flooded with retirees for all the usual reasons. On this list, Iâm zeroing in on cities that offer tangible financial advantages to retirees. Sure, theyâre great places to retire. But each also offers […]
The post The Top 10 Cities To Retire In (Financial Advisor Approved!) appeared first on Good Financial Cents®.
Despite having nothing saved for retirement, itâs possible to retire in as few as 10 years. By cutting your cost of living to the bone and saving every available penny, almost anyone can accumulate sufficient assets to generate enough investment ⦠Continue reading â
The post How to Retire In 10 Years with No Savings appeared first on SmartAsset Blog.