June 2024
Don’t Overlook These New RMD Rules for 2024: Learn about the 2024 guidelines related to required minimum distributions from qualified retirement accounts.
Your required minimum distributions, or RMDs, can impact other aspects of your financial life, like taxes or Medicare costs. Key Takeaways: Most closing costs are paid by the buyer, but some are the responsibility of the seller. Closing costs typically range from 2% to 5% of the home purchase price. Some first-time homebuyers may qualify…
Read MoreIs Retiring Abroad a Smart Financial Move?: Researching and planning will ensure your golden years are truly golden
With the rising cost of living, mounting health care expenses, and the relentless creep of inflation, retirement in the U.S. is becoming a costly affair. For many Americans, particularly those aged 35-55, the golden years might not seem so golden. But what if there was another way? For many, the idea of retiring abroad has…
Read MoreTips to Planning Your Purposeful Retirement : Three science-backed avenues to retirement enrichment and fulfillment
Retirement is often idealized as a serene period of well-deserved rest and leisure. Yet, while the respite from a career’s demands is welcome, retirees soon find that the keys to living well in this new phase are engagement and purpose. Research consistently shows that having a sense of purpose is linked to better health, lower…
Read MoreRetirement Planning: Do We Stay or Do We Go?: Tips to find a balance that honors your emotional bonds and practical needs
As we sail into the golden years, the familiar shores of our longstanding homes beckon with the comfort of decades’ worth of cherished memories. Yet, the winds of change carry whispers of continuing care communities, offering a different kind of allure with promises of ease, convenience, and peace of mind. It’s at this juncture that…
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