It’s never too early to start thinking about retirement. Retirement yields great benefits to those who take the time to think about what they want it to look like. Not everyone’s retirement will look the same.
Some will be harder than others due to a lack of planning. Unless you expect to work for the rest of your life, retirement should always be aforethought.
For some people, the “traditional” idea of retirement just doesn’t fit their lifestyle. The idea of never working again, going to the golf course every day, and just lounging around doesn’t sound very appealing. Luckily, you can craft what retirement will look like for you – even if you don’t really retire.
For many Americans, retirement is tied to a set age like 65. However, turning 65 doesn’t mean you actually have to retire - and not everyone does. For Social Security, the “full retirement age” is between 65 and 67 years old, but you don’t have to stop working at some random age set by the government.
Medicare is an important coverage that provides security to the majority of Americans. Medicare Open Enrollment is the time when you can change your Medicare coverage for the next year, and includes Part D prescription drug coverage.
You may think that you know all about Medicare open enrollment because it happens every year. But this year is a little different from last year. Here are some ways to prepare for Medicare open enrollment for 2022 so you have a better idea of what to expect.
You weren’t expecting to retire at this time, but life has happened. Circumstances beyond your control have left you with little option other than retirement (forced or not), so you’re probably a little scared and unprepared.
Maybe it’s a medical situation, or you have to take care of a loved one, or maybe you were simply forced out/downsized. Whatever the reason, here are things you can do to help you plan for retirement when you weren’t expecting it.
You’ve probably heard the term “Consumer Confidence” before, likely reported on your local news broadcast or business channel. Maybe you’ve heard of the “Consumer Confidence Index” and wondered if those two terms were the same thing, or something different.
Either way, you’ve probably noticed that these terms are discussed quite often, and seem to matter a great deal to some people. While these terms are related, they are not exactly the same.
Real estate plays a very important role in the U.S. Economy. Even if you’re not planning to sell a home or buy a home, what happens in the housing market affects us all.
Housing is one of the biggest expenses of homeowners, and it’s also the biggest source of wealth for many Americans. If you own a home, rent a home, or require a home, this article will help you to understand why new home sales are important to the economy, even if you’re not the one buying the new home.
Below is a fantastic guest from Certified Coach, Samantha Lane. We hope you enjoy and be sure to reach out to either Samantha or me with any questions. Happy Halloween!
There can be a lot of spooky things when change is on the horizon. Rather than goblins, mummies, or ghosts looming around the corner, it’s often anxiety, perfectionism, and despair rearing their ugly heads.
As our economy seems to be coming out of a dark economic era, it’s important to know what lies ahead. As a consumer, you want to know if you can trust the perception and what appears to be true. Is the economy back on the rise?
And how can we know for sure? One thing we can do is be more mindful of consumer sentiment. But ,what is consumer sentiment, and how is it measured?
Ever wish you could look into the future to get a glimpse of what certain markets will look like five or 10 years from now? This is especially helpful if we’re working on a financial plan or plan to invest money in up-and-coming new markets.
If only we could know what the state of the economy will be before it actually happens. You can know more with the leading economic indicators. This article will answer what are the leading economic indicators, and how to use them.
Most of us like to know the length of time it will take our investment to grow. We want all the numbers: estimates, figures, how old we will be when it’s doubled, etc. Some things in life are just hard to know because there are no guarantees.
But with the Rule of 72, you always know the number of years it takes to double an investment. The Rule of 72 will tell you a lot about the money you invest. Thanks to the Rule of 72, the table below tells us how many years it will take an initial $10,000 investment to double, depending on the rate of return.
