As an investor, one of the most critical aspects of managing your finances is understanding the tax implications of your investments. Let’s explore how tax-efficient your investments are and what strategies you can employ to optimize your retirement income.
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Markets staged an impressive reversal in the fourth quarter thanks to a surprise dovish pivot by the Federal Reserve, which combined with solid economic activity and declining inflation to push stocks sharply higher and send the S&P 500 to two-plus-year highs, resulting in the best annual return since 2021.
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One way a retiree should keep their finances in tune is through something called “portfolio rebalancing.” Let’s dive into what this is all about and why it’s a handy tool for a secure and happy retirement.
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With the passing of the Secure 2.0 Act, investors must adapt to new timelines for withdrawing from their retirement nest eggs.
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Here’s a closer look at the six most common estate planning mistakes and how you can sidestep them.
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The S&P 500 ended the second quarter and first half of 2023 at a 14-month high and most major stock indices logged solid gains in the second quarter following a pause in the Fed’s rate hike campaign, stronger-than-expected corporate earnings (especially in the tech sector), and the relatively drama-free resolution of the debt ceiling.
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Some people are automatically enrolled in Medicare at age 65, while some have to apply. Follow this flowchart to better understand what, if any, action you need to take to ensure you’re enrolled in Medicare at the right time.
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IRMAA, which stands for Income-Related Monthly Adjustment Amount, is a term that may not be familiar to everyone. However, for individuals enrolled in Medicare, IRMAA can have a significant impact on their healthcare costs.
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As you approach retirement and the possibility of enrolling in Medicare, it’s essential to be well-informed about what lies ahead. In this extended blog post, we’ll delve into the ins and outs of applying for Medicare, explore the different parts of the program, and take a closer look at two popular healthcare options: Medicare Advantage and Medicare Supplement plans.
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The S&P 500 ended the second quarter and first half of 2023 at a 14-month high and most major stock indices logged solid gains in the second quarter following a pause in the Fed’s rate hike campaign, stronger-than-expected corporate earnings (especially in the tech sector), and the relatively drama-free resolution of the debt ceiling.
Continue readingThis Retirement Planning Worksheet takes you through 4 key areas to help you get organized, feel confident, and assess your overall readiness for retirement.
