There is no simple answer to the question ‘how much money do I need to retire?’ It depends on many factors, including at what age you plan to retire, your lifestyle, current and future spending habits, types of assets in your portfolio, and much more. While it is difficult to assign a dollar amount that …
There are many ways to invest your wealth throughout your life that can set you up for a successful retirement. IRAs, Roth IRAs, and 401(k)s are just a few of the most popular retirement accounts. What if you already have a traditional IRA, however, and want to contribute that money to a different account based …
Getting older has its nuisances as your health starts to decline, eyesight and hearing can deteriorate, you start having aches and pains in unexpected body parts. However, it does have its perks. Some of those benefits are in the form of tax breaks that come as you get older. Seniors have a larger tax deduction …