Though you’re still the same person in retirement that you were during your career, it’s important to acknowledge that many things have changed, including your day-to-day priorities and habits.
Retirement represents a drastic shift in how we live. Instead of regular paychecks providing for expenses, a person (and family) must instead rely on accumulated assets, Social Security, pensions, and related sources of income to sustain one’s lifetime for an unknown duration.
For many, the idea of retiring is the American dream. Yet this “dream” is one of the most stressful life events.
Death, severe injury, and disability are not usual topics for the kitchen table, but are necessary to make sure your wishes are carried out, and that you are not subject to the default conclusions of the state law where you live.
The SECURE Act 2.0, tucked into the more than 4,000 pages of the $1.7 billion Consolidated Appropriations Act of 2023, was signed into law on December 29, 2022. Once again, retirement planning will never be the same for Americans.
On Tuesday, August 16, 2022, President Biden signed the landmark Inflation Reduction Act into law. While much attention is on the climate portion of the law, the Medicare part has the potential to change the lives of American retirees – with potential savings of thousands of dollars a month. Here are eight things you need to know: