While there are certainly exceptions, who wouldn’t want to retire early? Instead of being a part of the 9-to-5 grind, you could spend more with family, friends, or leisure activities that you haven’t had time for. Or, maybe you could finally...
Q. I have a 457(b) deferred compensation plan from the state of New Jersey, from which I withdrew money in 2021. I understand I don’t have to pay state taxes on my contributions. The plan administrator sent me a statement showing...
Over the past 30 years, I’ve seen more of my clients retire early than I expected at the beginning of my career. Corporate downsizing, early retirement options, health issues, family issues, and just changes in life plans have led many to say goodbye to a career before 59 ½...
The Roth IRA is one of the hottest retirement accounts on the scene, but there are some benefits that aren't as popular as others.
The Roth IRA (individual retirement account) is bursting with benefits that can make saving for retirement a bit more exciting. If you don't want to leave...
If you make the right moves in your 30s, you'll still have a chance to break into the million-dollar retirement club.
If you're in your 30s, it's important to buckle down and plan for the life you want during retirement. Every move you make now will determine the quality of...
If you're on a mission to retire early, you've probably heard about the FIRE movement. Short for "financial independence, retire early," this movement focuses on an aggressive savings and investing strategy to make work optional.
Understanding how to manage and multiply your money is crucial, but there are hidden opportunities that you...
As a Certified Financial Planning Professional (CFP), people ask me how they should invest for retirement. Their next questions often focus on what investment is best right now, and how they can get into the “Next Big Thing.” The focus on...
Some future retirees could end up getting more time to amass a heap of money that won’t be taxed when they or their heirs tap it.
Under a provision in a federal retirement bill that cleared the...
There's an easy way to secure a nice stream of income for your senior years.
Retirement often ends up costing more money than seniors anticipate. Because of this, there's been an uptick in seniors going back to...
Automating financial tasks sounds like the perfect way to check mundane items like saving and paying bills off your to-do list with minimal effort. But there's a potential downside to giving up manual control.
When you automate...
