Many people make the decision to downsize their home as they get closer to retirement. In fact, 42% of people plan to downsize at some point in their life. The benefits of downsizing can be numerous depending on your personal preferences. For example, downsizing could...
Everyone has seen the effects of inflation in one way or another. Simply watching the price of things like housing rise over the years is one basic example of inflation. Of course, inflation affects more than just home prices. The cost of goods, services, and the...
There are a lot of reasons people set aside money. Some save for vacations. Others save to boost their emergency fund, while some sock away money to help pay for their child’s education. However, two of the most common reasons people save is to pay down debt and pay...
Mention risk management and asset allocation strategies to most people and their eyes will glaze over. Change the terms and begin talking about protecting retirement savings and suddenly you have captured the attention of everyone in the room. The truth is that risk...
It’s the question that keeps some awake at night as retirement creeps closer and closer. How much do you need saved to retire and enjoy your golden years? Searching the internet will reveal a number of answers. Some advise that retirees need an arbitrary number like...
For most people, going to work day-after-day is about reaching 65 when they can finally retire and take it easy. But there’s no law that says you have to wait until then. In fact, if you begin preparing for early retirement the right way, you could be enjoying your...
