When it comes to staying healthy and wealthy in retirement, it takes a multi-pronged approach, including reviewing your health insurance options, using a H.S.A. strategically, and staying active. Also, don’t fail to plan ahead for the phases of retirement – taking action before a crisis hits is important.
This blog has some practical travel and budgeting tips that will help folks start making up for lost vacation time without throwing off their 2021 financial plan.
There are plenty of options for 55+ communities in the Southeast. One of the most important things to remember is to focus on what is important to you whether that might be playing golf, hiking, fishing, shopping, or getting involved in groups/activities. And of course, location is very important too. The 55+ years are what many refer to as “the best years of your life” so choose a place that promotes whatever your definition of “the best years of your life” is.
In this installment in our series on Evidence-Based Investing Insights, we talk about how diversification can smooth out the bumpy ride of owning a few stocks. You will see how difficult it can be to pick winners and how diversification can reduce the pain of owning stocks that are losing value.
Becoming a mentor in retirement can change lives – the mentee’s life and your life. Opportunity awaits to contribute to the success of a younger (or older) person whether you are near retirement or already retired. Plus, mentoring is a great way to stay engaged in retirement and contribute to living a fulfilled life.
Mega backdoor Roth IRAs are complicated retirement savings strategies. But for the right person, they could offer better tax diversification and a big tax advantage. Is this an option you should consider?
Another year means another set of resolutions. Motivation won’t help turn your resolutions into goals and accomplishment of such goals – setting a plan and taking action will!
In this installment in our series on Evidence-Based Investing Insights, we talk about two types of risk and how to deal with them. You will see how some risks should be avoided because they offer no reward, while other risks should be accepted and managed.
