Many retirees worry about running out of money in retirement. In fact, a 2024 Allianz survey found that most Americans fear depleting their savings more than they fear death. Given the rising cost of living and unpredictable financial markets, it is essential to have a plan to make your money last. Some retirees follow the […]

Saving for retirement is important, but keeping more of what you’ve saved is just as crucial. Without proper planning, taxes can eat into your hard-earned money, reducing the funds available for your later years. The good news is that smart tax strategies can help you lower what you owe and make your savings last longer. […]

In a February 12th, 2025 report, PGIM DC Solutions shared fresh insights. These insights were obtained through their joint research effort with Greenwald Associates. PGIM DC Solutions specializes in providing innovative retirement solutions. The report is titled the Defined Contribution (DC) Landscape Survey. This study emphasizes a growing trend toward personalized approaches in retirement planning, […]

In the 2022 tax filing season, over nine million taxpayers missed out on valuable tax benefits simply because they didn’t file a return or were unaware of available credits and deductions. These overlooked savings included incentives for energy-efficient home improvements, childcare assistance, retirement contributions, and mortgage interest deductions. Staying informed about these opportunities can make […]

Navigating health insurance is challenging, especially for Americans planning for retirement. One critical issue is pre-existing condition exclusions—provisions in many long-term care insurance policies that limit or delay benefits for conditions diagnosed before the policy’s effective date. With healthcare and long-term care costs rising, understanding these exclusions is essential for protecting your financial future. Pre-existing […]

Many Americans find it challenging to save due to rising costs and financial uncertainty. However, high-yield savings accounts, 401(k) contributions, and balance transfer credit cards with 0% APR can help build financial stability. Credit unions, money market accounts, and CDs offer competitive interest rates for those looking to grow their savings. Managing debt through balance […]

Over 75% of Social Security recipients are aged 65 or older, underscoring its importance as a primary source of income for many at this stage of life. As of early 2024, the average monthly payment for retirees is approximately $1,907. However, upcoming adjustments will bring several modifications to the program next year. Renowned financial expert […]

Many Americans count on Social Security for income during their retirement. But if you plan to start taking benefits early, you might not know about a rule that can cut your monthly payments, leading to financial issues. This rule, called the earnings test, affects those who keep working while also getting Social Security before reaching […]