(Image credit: Getty Images) As you approach retirement, certain ages come with their own planning rules, and 59½ is one of the most misunderstood. Many people see this age only as the point when withdrawals from retirement accounts no longer trigger a 10% penalty. But stopping there misses a much bigger opportunity. This age opens […]
Turning 59½: 5 Planning Moves Most Pre-Retirees Overlook Read More »
(Image credit: Getty Images) For affluent retirees, Social Security is often treated as a minor piece of the retirement puzzle — something to claim whenever it feels convenient. But the timing of those benefits can have a far greater impact than most realize. For high-net-worth retirees, deciding when to claim isn’t just about maximizing income
HNW Retirees: Don’t Overlook The Benefits of Social Security Read More »
Retiring early is a goal many people have. And with enough savings, it may just be possible. There’s a big problem with retiring early, though — health insurance, or a lack thereof. Many people’s health coverage is tied to a job. If you retire early and don’t have a spouse’s plan to join, you may
Hoping to Retire Early? Here’s One Savings Account You Can’t Overlook. Read More »
Are you thinking about aging in place, maybe in a warmer locale? Like many of the roughly 20% of older adults who move for retirement, my father relocated to Florida to spend his retirement soaking up the sun and playing golf. Unfortunately, this means that, to date, he’s been in Florida for at least five
So You Want to Age in Place: What Most People Overlook Read More »