Investing in your retirement can be both a rewarding and equally complicated process. Every year, countless individuals, and couples, struggle to find the most effective retirement plan. Factoring in all the complexities of retirement investment can be quite taxing – literally. One of the biggest complications when investing for your retirement is the inclusion of tax … [Read more...] about Tax-Efficient Investing in Retirement: A How-To Guide￼
A retirement plan is a long-term savings scheme that can be opened to save money for life after work. These particular kinds of plans have been intended to provide the account holder an income to live on when you stop working for good. When a worker decides to open a pension fund, he will start depositing money every month in order to grant himself a more stable economic … [Read more...] about The Importance of Retirement Planning￼
When the time comes for retirement we are seeing more and more people looking to spend their twilight years abroad. This has become easier and more accessible than ever before and this is what is inspiring so many to make the move. Flight prices are lower than ever before making it easier for friends and family to visit and communication via instant chat and video calling makes … [Read more...] about Top 5 Countries Around The World To Retire In￼
Although 77% of Americans have retirement plans in place, most don’t have enough savings to actually live comfortably during this stage in life. In fact, for Americans between 55-64, the median retirement savings totals around $107,000, which equates to as little as $310 each month. Fortunately, however, it’s not too late to boost your retirement savings without having to … [Read more...] about 3 Smart Ways To Boost Your Retirement Savings
ERISA stands for the Employee Retirement Income Security Act of 1974, and it is a federal law that was enacted to protect employees from being taken advantage of by their employers. There are many parts to ERISA, which we will discuss in detail below, to understand how it affects your retirement plan. Let's get to the details. What is ERISA? ERISA is a federal law enacted … [Read more...] about What is ERISA and How Does it Work?