personal finance

3 Reasons You Might Sorely Regret Retiring Early | Smart Change: Personal Finance

(Maurie Backman) It’s easy to see why the idea of ​​early retirement is so appealing. If your job is tough and demanding, the idea of ​​not having to do it any longer may be enticing. And also, the reality is that none of us can predict the exact course our health might take. You decide …

3 Reasons You Might Sorely Regret Retiring Early | Smart Change: Personal Finance Read More »

What Medicare Part A’s Belly-Up Date Means for You | Personal Finance

Kate Ashford, CSA® At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees report. That’s a two-year extension on the previous estimate, but experts say it’s still not good news, and the government needs to stop twiddling its thumbs. Here’s what you …

What Medicare Part A’s Belly-Up Date Means for You | Personal Finance Read More »

What Medicare Part A’s Belly-Up Date Means for You | Personal-finance

Kate Ashford, CSA® At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees report. That’s a two-year extension on the previous estimate, but experts say it’s still not good news, and the government needs to stop twiddling its thumbs. Here’s what you …

What Medicare Part A’s Belly-Up Date Means for You | Personal-finance Read More »

‘I fear that between the two of us, that’s not enough.’ We want to quit working in 10 years, but only have about $175K saved. Do we need professional help?

Some things to consider if you’re thinking about hiring a financial adviser. Getty Images/iStockphoto Question: I’m 54 years old and have an IRA account with $27,000 in it, but it’s been decreasing over the years even though I contribute $100 per month. I have the funds allocated between mid-cap value funds, core-plus bond funds, investment …

‘I fear that between the two of us, that’s not enough.’ We want to quit working in 10 years, but only have about $175K saved. Do we need professional help? Read More »

Don’t Take Even $1 Out of Your Retirement Account Until You’ve Taken This Important Step | Personal-finance

(Christy Bieber) When you enter into retirement, you are going to have to start taking money out of your 401(k) or other investment accounts. This requires a huge mindset shift, since you’ve been building these accounts up your whole life. And you need to be smart about when and how much you withdraw. Before you …

Don’t Take Even $1 Out of Your Retirement Account Until You’ve Taken This Important Step | Personal-finance Read More »

Don’t Take Even $1 Out of Your Retirement Account Until You’ve Taken This Important Step | Smart Change: Personal Finance

(Christy Bieber) When you enter into retirement, you are going to have to start taking money out of your 401(k) or other investment accounts. This requires a huge mindset shift, since you’ve been building these accounts up your whole life. And you need to be smart about when and how much you withdraw. Before you …

Don’t Take Even $1 Out of Your Retirement Account Until You’ve Taken This Important Step | Smart Change: Personal Finance Read More »

Don’t Take Even $1 Out of Your Retirement Account Until You’ve Taken This Important Step | Smart Change: Personal Finance

(Christy Bieber) When you enter into retirement, you are going to have to start taking money out of your 401(k) or other investment accounts. This requires a huge mindset shift, since you’ve been building these accounts up your whole life. And you need to be smart about when and how much you withdraw. Before you …

Don’t Take Even $1 Out of Your Retirement Account Until You’ve Taken This Important Step | Smart Change: Personal Finance Read More »

How To Refinance Your Mortgage | Smart Change: Personal Finance

Brai Odion-Esene – Forbes Advisor There are several reasons why you might choose to refinance your mortgage, such as if you can qualify for a lower interest rate or pay off your mortgage faster. But before you proceed, it’s important to understand the potential downsides as well as exactly what the entire process entails. If …

How To Refinance Your Mortgage | Smart Change: Personal Finance Read More »

Don’t Take Even $1 Out of Your Retirement Account Until You’ve Taken This Important Step | Smart Change: Personal Finance

(Christy Bieber) When you enter into retirement, you are going to have to start taking money out of your 401(k) or other investment accounts. This requires a huge mindset shift, since you’ve been building these accounts up your whole life. And you need to be smart about when and how much you withdraw. Before you …

Don’t Take Even $1 Out of Your Retirement Account Until You’ve Taken This Important Step | Smart Change: Personal Finance Read More »

1 in 5 Americans Still Make This Rookie Mistake When Retirement Planning — Don’t Join Them | Smart Change: Personal Finance

(Kailey Hagen) There are plenty of ways you can go wrong with retirement planning. You can wildly underestimate the length of your retirement or spend too quickly once you get there. You could also forget to budget for costly but common expenses. Among the most devastating retirement mistakes is one that’s often overlooked because it’s …

1 in 5 Americans Still Make This Rookie Mistake When Retirement Planning — Don’t Join Them | Smart Change: Personal Finance Read More »