Many people fear running out of money during retirement. The key to saving enough is diversifying your investments and taking advantage of different opportunities. For people who are self-employed, the path to doing this may not seem straightforward since there are no employee-sponsored accounts to use. However, self-employed individuals have a wide range of options… Continue Reading
As you invest for retirement, you may find yourself overwhelmed with options and the terminology that goes along with them. This is especially true for the different types of funds you will encounter. If you are saving through a 401(k), you’ll likely have the option of index funds or target-date funds. If you don’t understand… Continue Reading
As you invest for retirement, you have several different options. One option you should consider is a target-date fund. These products are mutual fund or exchange-traded funds that are structured to optimize asset growth along a pre-established timeline. When you invest in a target-date fund, you choose the date you plan to retire and the… Continue Reading
If you have more money saved for retirement than you will need, you can reinvest some of it to maximize your legacy to your heirs Continue Reading
While these six red flags do not mean you will go bankrupt in retirement, they are a sign you need to reevaluate your budget. Continue Reading
For many people, retiring without debt is not realistic. If this is the case for you, you will need to be strategic. Continue Reading
Retirement healthcare expenses are often much higher than people predict. Plan ahead to avoid running out of money. Continue Reading
Dividend stocks can provide additional income during retirement, but it is important to understand the unique risks of these investments. Continue Reading
Many retirees end up paying more in taxes than they expect due to these common tax traps. Continue Reading
Retirement investors often find themselves choosing between ETFs and mutual funds. While they seem similar, there are key differences. Continue Reading