As we step into 2024, several significant changes are on the horizon for retirement planning. These changes stem from both routine inflation adjustments and the continued implementation of Secure 2.0 provisions, impacting both retirement savers and retirees. Inflation...

Understanding Debt Freedom Planning Debt freedom planning is your roadmap to financial independence. It’s about understanding your finances and creating a strategy to eliminate debt. The key to this process is identifying your freedom number – the amount of income you...

As a recent retiree reflecting on a 45-year career, I’ve realized there are several things I wish I had known before retiring. Retirement can be a fulfilling chapter filled with travel, family visits, and new pursuits, but it also comes with unexpected challenges....

As 2024 unfolds, it's essential to stay updated on new regulations affecting retirement savings. Here are three important updates to consider this year: Enhanced Contribution Limits: 401(k), 403(b), 457 Plans, and Thrift Savings Plan: The contribution limit for these...

When faced with a large tax bill, it’s crucial to remain calm and address the situation head-on. Ignoring tax obligations can lead to serious consequences, unlike neglecting a small personal debt. A poll by Civic Science reveals that 43% of U.S. adults expect to owe...

Introduction: Planning for retirement involves many uncertainties, including the critical question of how long retirement will last. The duration of your retirement impacts how much you need to save, and understanding the factors that influence this duration can help...