Once you and your spouse retire, you’ll have some decisions to make, decisions that could affect your quality of life in your retirement years. What are these choices? Here a few of the most important ones: How much should you withdraw from your retirement accounts?...
On March 8, we observe International Women’s Day. Although this event celebrates women’s achievements, it’s still true that women, especially caregivers, face significant financial hurdles. How can these challenges be met? To begin with, let’s look at some concerning...
After working for decades, you may have been looking forward to retiring. But what if you decide to “reverse” your retirement? You could rejoin the workforce for any number of reasons. You might need the added income to help pay for your living expenses, but you also...
If you own dividend-paying stocks or mutual funds, you generally have a choice: Should you take the dividends as cash or reinvest them? There’s no one correct answer for everyone. So, let’s look at some reasons for both choices – reinvesting or cashing out....
Once you retire, you’ll likely need to draw on a variety of financial sources – and one of the most important ones may be your 401(k). And for 2025, you can put even more money into your plan than ever. For either a traditional or Roth 401(k), as well as similar plans...
If you’ve thought about contributing to a Roth IRA, but you made too much money during your working years, you can have a second chance – through a Roth conversion. Why is a Roth IRA desirable for some people? Here are the key benefits: Tax-free withdrawals. You put...
