Retirement is about utilizing each dollar of your accumulated wealth to live comfortably on your terms and, hopefully, fulfill some of your biggest dreams. At least, this is how retirement is supposed to work. Unfortunately, people too often find their financial futures hindered by debt.
On January 3, 1993, the Buffalo Bills miraculously pulled off a 41-38 overtime upset over the Houston Oilers in an AFC playoff game that remains the largest come-from-behind victory in NFL history. To this day, it is commonly referred to as “The Comeback.” Such an unbelievable, overcoming-the-odds story can provide some much-needed inspiration to those nearing retirement age with little to no savings.
There are many great reasons to be a stay-at-home parent. To name a few, it can make financial sense when you factor in the costs of daycare. You and your spouse don’t have to juggle two busy work schedules. And, most importantly, you get to spend valuable time with your children as they grow.
From postal workers to VA doctors, we’ve had the pleasure of helping many federal government employees reach retirement. Though the average age federal employees voluntarily retire is 63, there are many who choose to leave the workplace earlier. Those who want to retire early need to know about the FERS Supplemental Annuity Benefit.
Annuities are one of the most heavily marketed financial products to retirement-age people. They are often sold as the solution to a retiree’s greatest fear: outliving your money in retirement. But, with the potential for guaranteed income from an annuity, do you have to sacrifice the potential for growing your money?
Strolls along cobblestone streets in old European villages. Sunsets on suspiciously secluded beaches. Adirondack chairs. Lots of Adirondack chairs. These are your stereotypical images of retirement. But, if you want a look at a truly stereotypical retirement, then you should follow the money.
Advance Capital has several offices in the Midwest, including one in the Land of Lincoln. As a fee-only financial adviser in Naperville, Illinois, we know what it takes to find a trusted adviser in the Chicagoland area and beyond.
From postal workers to VA doctors, we’ve had the pleasure of helping many federal government employees reach retirement. So, what is retirement age for government workers? Is it the conventional age of 65?
The majority of U.S. households donate to charity, according to the most recent data from the Indiana University Lilly Family School of Philanthropy. Although our reasons for donating may vary, a plan can help all of us successfully make charitable giving a part of our financial lives.