If you’re getting older, you can’t afford to make these errors. As you get older, it becomes more important than ever to avoid making mistakes when you’re investing your money. After all, when you need to rely on your savings, you can’t afford to experience big losses as you may not have time to rebuild […]
THE 4% rule may need to be updated. At least according to its creator, now retired financial advisor Bill Bengen. Mr Bengen first hatched the portfolio withdrawal rule in 1994 and became a standard people quickly depended on. It suggests that retirees may safely withdraw the amount equal to 4% of their savings during the year they […]
REGION – When should you start collecting Social Security? Anytime you want once you reach age 62. That’s a fact. Another fact: Taking it early, before age 70, means your benefits will be less than if you waited. And now we come to what we don’t know: Just what age should you choose to start? That […]
Time has flown. The possibility of retirement, which seemed as far as the setting sun on a drive home from work maybe 30 years ago, now looks much closer to your windshield. But you may not be quite so sure when you’ll be ready to call it a career. Some people make the mistake of […]
Retirees have rejoined the labor force at a steady clip in recent months, attracted by a hot job market and reduced Covid health risks. This “un-retirement” trend could help increase the available pool of workers and ease the hiring challenges businesses have reported. As of April, 3.3% of people who were retired a year earlier […]
If you have debt to pay but also want to save for your future, you’ll need to make smart choices about what to do first. Like most people, you have a limited amount of money and must decide what to do with it. This can be a complicated choice if you have debt you’re trying […]
There are many articles that tell you how to increase your score, such as going from fair credit to good credit. But my goal is to show you how to get a high credit score. Not just any score, but a truly high credit score. And you’ll be happy to hear that you don’t need […]
Partial retirement is a consideration for many physicians as they age into their 60s. According to an Association of American Medical College’s report, two out of five practicing US physicians will be older than 65 as this decade continues, and a number of them will be pondering partial retirement from a group practice. Partial retirement affects […]
As you budget for retirement, it can be overwhelming to think about how to access your savings to fund your retirement expenses, especially when accounting for concerns over whether the amount set aside will be sufficient. There are also distribution factors to consider, including how to withdraw funds from different retirement accounts and investments. Some retirees rely on […]
There’s no doubt that there’s a lot at hand contributing to the market’s latest downward slide: 40-year-high inflation, rising interest rates, global economic uncertainty, war in Europe, an ongoing pandemic and now worries about a potential recession. The recent surge of market volatility has us all on our toes, leaving new and seasoned investors alike […]
Boulder, CO – By Robert Egeland, Founder of Oxygen Mortgage Although some may not agree, there are still opportunities to refinance, and ultimately, anyone with a mortgage should consider it. An excellent time to re-finance is negotiating a new rate (minimum 0.75%) as soon as a drop in interest rates occurs. Most mortgage professionals advise […]
As stock prices continue to slide, is it really the right time to retire? The S&P 500 officially entered a bear market after falling more than 20% from its peak in early January, and some investors are worried a crash or even a recession could be looming. If you’re nearing retirement, all of this market volatility can […]
