Monthly Archives: May 2021

Home » Archives for May 2021

3 Things to Think About Before Buying a Vacation Home

A home is one of the most significant purchases you’ve made in your lifetime, so you should take your time when thinking about buying a second one. Many people have a favorite vacation spot in a scenic area, but they can’t spend a significant amount of time there until they’re retired. If you’re thinking about [...]

2021-05-28T15:06:37+00:00May 28th, 2021|Financial Planning|

How Much Do You Need to Save for Retirement?

While $1 million is sometimes cited as the ideal number for retirement savings, this assumes a one-size-fits-all approach to retirement planning. Everyone's retirement goals are unique, and preparing for retirement might not be as simple as saving a certain amount at all. It's worth taking a more in-depth look at your finances and future needs [...]

Will You Have to Retire Earlier Than You Expected To?

If you’re nearing retirement age and know you’re not financially prepared for retirement, your solution may be to work longer. While forgoing an early retirement can be prudent, your career might not last as long as you’d like it to. The pandemic and resulting economic conditions forced 1.9 million workers ages 55 and over out [...]

2021-05-14T15:55:26+00:00May 14th, 2021|Retirement Planning|

Prepare for Taxes On Your Retirement Accounts

The Biden administration has already spent $1.9 trillion on COVID relief and has plans to spend trillions more on infrastructure projects, Medicaid expansion, education, and climate investments. In order to fund these projects, the administration has proposed several tax-increasing measures on corporations and individuals.[1] You may think you won’t have to worry as much about [...]

Is It Time to Spring Clean Your Financial House?

If you spring clean your house, why not take some time to spring clean your finances too? If you have a 401(k), IRA, or other retirement account, this is especially important. Managing this area of your finances isn’t a ‘set it and forget it’ activity. Here’s how you can see if you need to take [...]

2021-05-03T02:41:26+00:00May 3rd, 2021|Financial Planning|
Go to Top