10.9 C
New York
Sunday, April 14, 2024

CATEGORY

Retirement

What is a blend fund?

Blend funds, a type of mutual fund, usually blend growth stocks with value stocks, resulting in a well-rounded investment strategy. This approach incorporates both...

What is a spousal IRA?

A spousal IRA lets a working partner create an individual retirement account (IRA) on behalf of their non-working spouse. This helps the non-working spouse...

Pros and cons of pulling money from a Roth IRA to buy a home

For Americans, purchasing a home can be challenging because it involves making a down payment. If you put down less than 20%, you may...

What is the 4% rule for retirement withdrawals?

The "4% rule" is a crucial factor in retirement planning, as it helps determine the amount of savings required for retirement. While there are...

How to use your HSA as a retirement plan

Using your Health Savings Account (HSA) can be a smart move to maximize your retirement savings. HSAs can not only cover current medical expenses...

6 frequently asked questions about Social Security benefits

Social Security is a crucial element of American society, with approximately 67 million Americans receiving monthly benefits by 2023. For senior citizens, these benefits...

Social Security earnings test: How your benefits could be impacted

By 2023, around 67 million Americans will receive monthly benefits from the Social Security Administration (SSA). Despite this, some may find the money insufficient,...

My Social Security Isn’t Enough. Am I Doomed to Work Forever?

Dear A., Most of the advice you’ll find about how to increase your Social Security benefits is essentially: Go back in time, work longer and...

Lean Into Budgeting to Make Your Money Last in Retirement

You’ve spent decades in the workforce earning a living, your schedule dictated by the demands of the job. All the while, you’ve been steadily...

My Dad Wants Independence. He Can’t Afford It. How Do I Help?

Wait, what does Dad think? Surely his vote matters more than mine. If you want to respect your father’s desire for independence, the worst thing...

Latest news