There are millions of Americans who are currently without a retirement program or plan, but that may come to an end for many.
In the state of Connecticut, a program called the MyCTSavings Program will help people with retirement plans and savings.
The program will give people Roth IRAs which will...
ORLANDO, Fla. – On average, about 10,000 baby boomers turn 65 each day. People born in this generation are now either in retirement or close to it. But if you’re nearing retirement age, there are some common mistakes that can ruin your whole plan.
When do you want to stop...
Age 62 is a pretty important retirement milestone. That's because it's the earliest age you're allowed to file for Social Security. It also happens to be a popular age for seniors to claim their benefits.
If you're thinking of signing up for Social Security as soon as you're able to,...
What is financial independence and why are more people talking about it?
Financial independence (or financial freedom) is the financial state where you have acquired enough passive income (through investments), that you don’t ever need to work again in your lifetime, to earn your living.
World-wide, the concept of FIRE (Financially...
Retirees need access to plenty of money. REITs could provide it.
Retirement can be an exciting period of life, but also a challenging one. That's because the cost of retirement can be tough to nail down ahead...
There are about 724 billionaires in the U.S., according to Forbes, and more than 2,700 globally. They come from various backgrounds and made their fortunes in various different ways. But when you look at their attitudes and behaviors as a whole,...
Everyday expenses add up quickly for individuals and families alike. Did you know the average U.S. household spends over $5,000 every month? Find out what Americans are spending their hard-earned money on and see how your monthly spending compares.
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If you're retiring from your job, you need to make sure your finances are in order. And for many seniors, this means making a decision about what to do with the home they live in.
While some...
You could end up retiring with a lot of money if you play your cards right.
Workers are often warned not to rely too heavily on Social Security and instead, take steps to build savings to bring with them into retirement. And your goal may be to amass a large...
It's not something you'll want to gloss over.
Workers are constantly advised not to rely too heavily on Social Security. That's because those benefits generally will not provide enough income for retirees to maintain the standard of living they're used to.
Still, many seniors do inevitably wind up depending on Social Security to make ends...
