#savings-strategy
#savings-strategy

Retirement

Claiming Social Security Early? Here's How That Might Impact Your Retirement Beyond the Smaller Monthly Checks

This Could Be the Easiest Way to Boost Your Social Security

Delaying Social Security can significantly increase monthly benefits, especially if claimed after full retirement age.

1 month ago

Retirement

The Worst 5 Reasons to Claim Social Security at 62

Claiming Social Security Early? Here's How That Might Impact Your Retirement Beyond the Smaller Monthly Checks

Filing for Social Security early reduces benefits significantly, impacting long-term retirement finances.

Delaying benefits can increase monthly payments, but early filings have wider repercussions.

This Could Be the Easiest Way to Boost Your Social Security

Delaying Social Security can significantly increase monthly benefits, especially if claimed after full retirement age.

Retirement

I earned $500K last year with $700K saved. How do I maximize retirement contributions on one income?

fromSFGATE

Retirement

How Retirees Should Tweak the 4% Rule To Protect Their Nest Egg and Afford Their Mortgage Into Old Age

3 months ago

Retirement

Is $1 Million Still Enough to Retire on in America?

Retirement

A Simple 15-Minute 401(k) Checkup Can Potentially Add $75,000 to Your Nest Egg

3 Reasons Baby Boomers Might Be Shocked How Long Their Retirement Account Last Them

Many retirees could receive more from Social Security than expected, positively impacting retirement finances.

Living costs may decrease during retirement, allowing savings to stretch longer.

We're Retiring in a Decade and Have $4M Invested. What's the Best Move for Preserving It?

Investing in income-producing assets helps preserve retirement savings.

Ensure proper planning and a safe withdrawal rate to secure your nest egg.

Retirement

I earned $500K last year with $700K saved. How do I maximize retirement contributions on one income?

fromSFGATE

Retirement

How Retirees Should Tweak the 4% Rule To Protect Their Nest Egg and Afford Their Mortgage Into Old Age

3 months ago

Is $1 Million Still Enough to Retire on in America?

Retiring comfortably on $1 million is increasingly challenging due to rising costs.

Understanding personal living costs and future inflation is crucial for retirement planning.

Retirement

A Simple 15-Minute 401(k) Checkup Can Potentially Add $75,000 to Your Nest Egg

3 Reasons Baby Boomers Might Be Shocked How Long Their Retirement Account Last Them

Many retirees could receive more from Social Security than expected, positively impacting retirement finances.

Living costs may decrease during retirement, allowing savings to stretch longer.

We're Retiring in a Decade and Have $4M Invested. What's the Best Move for Preserving It?

Investing in income-producing assets helps preserve retirement savings.

Ensure proper planning and a safe withdrawal rate to secure your nest egg.

more#retirement-planning

NYC parents

Can I afford to pay for my kids' college on my $140,000 salary?

Start saving early to ensure you can afford college costs on a $140K salary.

Avoid jeopardizing retirement savings when contributing to college tuition.

fromBusiness Insider

I saved $2 million, sold everything, and retired at 49. Now, I travel full-time and have already visited over 40 countries.

Chris Englert achieved early retirement at 49 by building a $2 million portfolio through disciplined saving and investing, now traveling full-time with her husband.

fromNew York Post

3 months ago

This simple '1% rule' could save you hundreds of dollars - and curb your dangerous impulse spending

The 1% rule helps prevent impulse buys by encouraging a cooling-off period before making expensive purchases.

fromNew York Post

Gen Z house-hunter, 26, reveals ultra-cheap spending hack that allowed her to buy three houses - and now she's aiming for a fourth

A young content creator has achieved financial success through diligent budgeting and multiple income streams.

fromwww.thenorthernecho.co.uk

We're in our late-30s with $3 million in liquid assets - can my spouse's $550k salary alone support our family if I retire?

Financial setbacks can prompt reevaluation of retirement plans.

In high-cost areas, high salaries may not stretch as far as expected.

UK news

Pension warning to women who risk running out of money 14 years early

Women may run out of pension savings by age 73, facing a 14-year gap until life expectancy end.

Men can last until 83 on average with their pension savings, creating a shorter shortfall.

Parenting

Set To Inherit $5M And Without A Family, Can I Ease Up For Retirement?

Inheriting money can ease retirement but shouldn't replace current saving efforts.

I'm considering applying for a cash back credit card but want the most recent information and guidance. Where should I start?

Cashback credit cards can offer significant savings; with the right card, consumers can earn hundreds or thousands annually.

Suze Orman Thinks You Need a 12-Month Emergency Fund. Is She Right?

Having an emergency fund of 12 months of expenses is crucial for financial security, especially following unexpected life events.