3 Best and 3 Worst States to Retire in 2025: Where Should You Settle?

3 Best and 3 Worst States to Retire in 2025: Where Should You Settle?

Many people worry about the financial impact of retirement. That concern is understandable, especially considering that 20% of Americans aged 50 and older have no retirement savings, according to AARP. Choosing the right place to retire can significantly impact both affordability and quality of life. According to a recent WalletHub study, certain states stand out … Read more

Can you Afford Early Retirement? 5 Things to Consider Before Taking the Leap

Can you Afford Early Retirement? 5 Things to Consider Before Taking the Leap

Thinking about retiring early? You’re not alone—many people are now considering leaving their jobs sooner than expected. While it may sound exciting, early retirement comes with some big decisions. Whether you’re fed up with the 9-to-5 grind or just ready for a change, it’s important to plan. Before you pack up your desk, let’s take … Read more

Steps to Make Before Retiring in 2025: Avoid These Mistakes!

Steps to Make Before Retiring in 2025

Retirement is a major milestone, and if you plan to retire in 2025, there are crucial Steps to Make Before Retiring in 2025 and secure your financial future. From reviewing your savings to deciding on Social Security and having a backup plan, careful preparation can help you avoid financial stress. Making these key moves now … Read more

Retiring Abroad with a Roth IRA? What you should Know

Retiring Abroad with a Roth IRA

Retiring abroad can be exciting, but Retiring Abroad with a Roth IRA comes with financial challenges. While Roth IRAs offer tax-free withdrawals in the U.S., international tax laws, currency exchange rates, and foreign earned income exclusions could impact your savings. Understanding these factors can help maximize your retirement benefits and prevent unexpected costs. How Taxes … Read more

Retirement Savings Challenges for Americans: Why Many Are Struggling

Retirement Savings Challenges for Americans: Why Many Are Struggling

Planning for the future isn’t easy, and Retirement Savings Challenges for Americans have made it even harder to secure a stable financial future. Many workers struggle with balancing daily expenses while trying to build a sufficient retirement fund, often falling short of recommended savings goals. Understanding these challenges is crucial to making smarter financial decisions. … Read more

Early Retirement for Federal Employees: What You Need to Know

Early Retirement for Federal Employees

The Office of Personnel Management (OPM) is now allowing federal agencies to offer early retirement for federal employees, also known as the Voluntary Early Retirement Authority (VERA). This move comes as part of the administration’s plan to provide “deferred resignations” for most federal employees. Agencies are also requesting flexibility to accept resignations beyond the September … Read more

Retiring in the US Can Be Very Expensive—Here’s Why

Retiring in the US Can Be Very Expensive—Here’s Why

Retirement is something most people look forward to. It’s the time to relax, travel, or spend more time with loved ones. But in the U.S., retiring comfortably isn’t cheap. The cost of living varies by state, and in some places, you need to be a millionaire just to cover basic expenses. A recent study by … Read more

New Saver’s Match: Workers Can Increase Retirement Wealth

New Saver’s Match: Workers Can Increase Retirement Wealth

A recent report from Morningstar revealed that the New Saver’s Match, set to begin in 2027, could have a huge impact on retirement savings, especially for single women, Black and Hispanic Workers Can Increase Retirement Wealth. This new program is designed to help low- and middle-income earners by offering a 50% matching contribution from the … Read more

Retirees Over 65 Could Lose Social Security Benefits If They Don’t Meet This Rule

Retirees Over 65 Could Lose Social Security Benefits If They Don’t Meet This Rule

Retirement is an important milestone, but it doesn’t mean the process is over. Even after retiring, Social Security has certain rules that retirees must follow to keep receiving their benefits. One key rule applies to those over 65 who continue working—earning too much money could lead to reduced Social Security payments. The Social Security Administration … Read more

The Government Has Changed the Retirement Age Forever: What You Need to Know

The Government Has Changed the Retirement Age Forever

If you’re planning for retirement there’s an important update you should know. Starting in 2025, the government’s Social Security rules are changing, including adjustments to change the retirement age and benefits.  While you can still begin collecting Social Security at 62, waiting longer will increase your monthly payments. If you were born in 1960 or … Read more