Retirement Savings

If you’re considering moving to a new state to spend your retirement, then there are several factors you’ll want to consider. Since many seniors live on a fixed income, consider the cost of living and taxes. For instance, some states tax retirement income. Of course, you’ll also want to consider factors beyond the cost of […]

If you’re thinking about relocating for your golden years, then you’ll want to consider your options. That’s because where you live determines your cost of living, healthcare access, recreation options, and general quality of life. So many factors beyond the weather affect the “retire-ability” of a city. WalletHub recently assessed more than 180 of the […]

When it comes to saving for retirement, a Roth IRA is one of the best vehicles you can use. This is especially true if you think you might have a higher income in retirement than you do while working. This could be the case if you have significant non-cash assets, like stocks or real estate. […]

When you finally reach that point in your life where you can retire, your budgeting needs to adjust. After all, you’re no longer bringing in a regular income. Instead, you’re most likely on a strict fixed income made up of your savings, investments, and social security. As a result, many retirees stop spending money on […]

Retirement should be your golden years: more time for family, hobbies, and traveling. But all of that hinges on whether your money lasts for the rest of your life. You’re far from alone if that worries you. 45% of baby boomers say their greatest retirement fear is outliving their savings and investments, according to the […]

Retirement is an ultimate life goal for most of us. And unless you won a lottery (the birth lottery or the literal cash lottery), you’re likely going to have to spend the majority of working years preparing to retire. Luckily, there are a few things you can do to prepare that go a long way […]

The average American between 55 and 64 has only around $107,000 in retirement savings. Many Americans expect to have to work past the age of 65 because they won’t be able to afford to retire. If you’re concerned about your retirement savings, you may want to consider moving to a state with a lower cost […]

There’s a reason the last several decades of life are called the golden years. For many, they’re some of the best years of life. But it’s important to take steps to ensure that the years after retirement are healthy, happy, and prosperous. They don’t just happen. For those approaching retirement age, as well as those […]

Choosing to live in a state that doesn’t tax retirement income can help you preserve your savings for longer when you’re aging. Taxes aren’t the sole factor you should consider. Other expenses, such as property taxes, can negate what you save. Your desired lifestyle, access to healthcare, and proximity to loved ones should be factored […]

You’re seeing new headlines about it every day. Inflation is skyrocketing in 2022, with every new month reporting anywhere between 5% and 12%, depending on the source. In short, everything is much more expensive these days. From fuel costs to grocery bills, Americans are feeling the pinch in their wallets like never before. For retirees […]