Summer provides a great opportunity to check in on your family’s finances. A thorough financial checkup always seems intimidating at first, so we’ve broken it down into eight simple steps to keep you focused and on track.
There is a movement happening in the American workforce right now; many are leaving their jobs for a wide variety of reasons. This phenomenon, dubbed the “Great Resignation,” has been observed and documented and discussed by countless sources, but one of the big lingering questions is why here, why now?
Finally, you’ve reached retirement. You’re crossing the finish line of a marathon that’s lasted 30, 40, or even 50 years. Although retirement brings rest and relaxation, it can also throw a wrench in how we view our money, and the switch from receiving structured, employment-driven income to drawing down investment accounts can be harder than we realize.
In 2022, Social Security beneficiaries will receive a 5.9 percent COLA increase, which is the largest jump in benefits in the past 40 years.
For company owners nearing retirement, a successful business transition plan can play an important part in creating and preserving the value of the business after it has changed hands.
When planning for retirement, it is important to keep in mind the effects that inflation can have on your savings. There are ways to offset these effects and protect your funds.
