Payday will always be the best day of the week. All of our hours of work have finally (literally) paid off. But there’s so much to spend it on, too. The list includes food for the week, birthday and holiday presents for family, a little spending money for ourselves, and, of course, a seemingly infinite […]
Tag: retirement
The Truth About RMDs: Still Working After Retirement?
You may have many questions about working after retirement. Can you still contribute to retirement accounts? How does working affect your required minimum distributions? Let’s start with contributing to retirement accounts. You should be able to contribute to your employer’s qualified retirement plan regardless of your age. In some instances, you can also contribute to […]
Retirement Planning: Key Considerations
The concept of retirement is stressful for many people. Retiring in and of itself can be worrisome because it essentially entails a life where you no longer work yet you still need to support yourself. In addition to worrying about money, others wonder how they will fill the time. As such, the possibility of being […]
How To Make Money Last in Retirement
Health care is expensive, more people are living longer and the market is on a roller coaster. Worrying about running out of money in retirement is not unfounded. But with financial planning, you can get some breathing room, so you can face retirement with ease rather than stress. Inflation is one reason people think they […]
Understanding Pre-Tax and After-Tax 401(k) Plans
Most people think about saving for retirement. If your employer offers a 401(k) plan, which about half of all companies currently do, taking advantage of that plan is an attractive option. In fact, a 2018 report by the Stanford Center on Longevity study found that most employees of all ages participated: 91 percent of those […]