According to a recent analysis by Fidelity Investments, a couple retiring at age 65 this year could end up paying $280,000 on medical care in retirement. While this estimate is over a roughly two decade period, it does not include prices for dental care, long-term care, and over-the-counter drugs. And, as Americans are living longer, [...]
In the olden days, retirement planning used to be much easier. You worked hard and for long enough to be eligible for a pension, saved a little along the way, and were well taken care of by the government. Nowadays, retirements last longer than ever and many Americans are struggling to save enough in order [...]
Unless you had to file for an extension on your 2017 income tax returns, you’re probably feeling pretty good about yourself that you were able to check “Tax Day” off of your to-do list. However, with the new tax law, known as the Tax Cuts and Jobs Act, it’s important that you review your current [...]
More than likely, Social Security will represent a portion of your monthly retirement income. But, how big of a role will it play in your overall retirement strategy? According to a recent survey performed by The NHP Foundation, 62% of retirees who’ve created a budget stated that Social Security income will contribute to at least [...]
Due to the regular, individual income tax return filing deadline (April 15th) being on a Sunday, and the Washington D.C. Emancipation Day Holiday being observed on April 16th, the 2018 Tax Day has moved to Tuesday, April 17th. This is also the deadline to file for an extension on your taxes. With the tax filing [...]
April Fool’s Day is celebrated every year on April 1st by playing practical jokes and spreading hoaxes with your family and friends. What was your favorite prank to play as a kid? Maybe you tied your siblings shoe laces together, put a fake spider in the shower, or blasted the volume on the stereo to scare [...]
If there’s one thing that’s for certain about the market, it’s that nobody knows what will happen next. Recently, the Trump administration announced new steel and aluminum tariffs. Tariffs are special taxes that the government places on a product being imported from a foreign country. The new law creates a 25% tax on any foreign [...]
You’ve worked hard your entire working career to save enough money for retirement, but will it be enough? Did a simple mistake along the way crush your savings? Almost everyone has heard, at least once in their life, the phrase “a penny saved is a penny earned” but not too many people have actually lived [...]
You’ve worked hard your entire career to set yourself up for an enjoyable life in retirement, but did you take into account the different types of risk when preparing your retirement plan? Nowadays, it’s a lot more common for people to live well into their nineties and even surpass the century mark. While it’s great [...]
PYEONGCHANG 2018 | Getty Images Imagine training your entire career for one moment, one chance to perform at your very best. You had your entire routine down, but somewhere along the way in your planning, you forgot to sharpen your outside blade of your skate. Next thing you know, you caught an edge on your [...]
