There’s nothing more frustrating than unnecessarily losing a chunk of retirement savings to taxes. Luckily, there are a few ways to reduce or avoid getting taxed on your IRA withdrawal.
From mortgages to taxes to Social Security to general money issues, there are many financial topics that active adults need to know about. You’ll find answers to all your important retirement finance questions here, whether you’re getting ready to retire or need information on different state tax situations.
White sand beaches or towering mountains? Swimming in January or skiing in July? Low property taxes or no sales tax? Living near family or living a permanent tropical vacation? With so many factors to consider, it’s hard to decide where to retire.
401(k). It’s another one of those boring, intimidating finance words that most people don’t know enough about. What happens to all the money you’ve been putting away and how does a 401(k) work after retirement?
Understanding the retirement planning landscape can often seem overwhelming or needlessly complicated. Between 401(k)s, pensions, Social Security, IRAs, CDs, and dividends, juggling the various sources of income becomes an exercise in endurance. Thankfully, there’s an app for that.
Being self-employed is convenient. You get to set your own schedule and have the flexibility to switch things up in an instant. One of the drawbacks of being self-employed is planning and saving for your own retirement. Although, saving for your retirement is possible even if you’re self-employed.
Many impending retirees have several questions on their mind “Should I join the flock of snowbirds or stay put”? “Is my income going to be enough to sustain the lifestyle I want in retirement”? One of the most important questions they face: “Should I rent or buy my retirement home?”
Finding the perfect home and community is time-consuming, exciting, and stressful all at once. However, it’s also replete with unexpected costs. Learn about the details and requirements of real estate attorneys.
It is easy to get overwhelmed by real estate lingo. At an exciting time, like purchasing your new home, you want the process to go as as smoothly as possible. Here are common mortgage terms that will help anyone navigate the murky rhetorical waters of banker-speak.
As people head into their retirement years they often look to reduce debt in more ways than downsizing to an active adult community. In addition to cutting costs, some also may get more fastidious about the number of, along with the types of, credit cards they carry. Those who are on fixed budgets may be especially picky because they don’t want higher interest rates or card fees. Others may be looking for the perks that come along with carrying certain cards that may enhance a retirement lifestyle.
During the hot summer months, you don’t have to rely on central air conditioning to keep your home cool. There are several simple things you can do to stay comfortable when the weather is hot. These tips are great for homes without air conditioning or if you want to use your air conditioning less often to keep your utility bills low.
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We’re changing the way people 55 and older are searching for their perfect next place. With a national network of hand-selected real estate experts, plus comprehensive information, unbiased content, and on-the-go insight about thousands of communities across the country, we’re a trusted resource paving the way from here to home. Whether you’re interested in a low-maintenance single-level residence, an active lifestyle or age-qualified community, an intimate enclave, or anything in between, we can help you make your next move the best one yet.