retirement

Here Are The Top Ten Travel Ideas For Retirees

Retirement is a great time to start traveling and exploring the world. With no work commitments or schedules to adhere to, retirees can plan their trips and travel at their own pace.

Financial Advisors: Is it Time to Invest in One?

Retired people often seek financial advisors to help them manage their finances in retirement. Financial advisors can provide guidance and advice on various financial topics, like budgeting, investing, and estate planning, to help retirees make the most of their retirement savings and ensure their financial security in the years ahead.

The Reasons Why a 1 Million 401(k) Isn’t Foolproof

According to a recent survey by Fidelity, the number of 401k millionaires has decreased by 32% over the past year. In an era where pensions are vanishing, a 401(k) is most employees’ primary retirement security source.

Want More Money In Retirement? Consider these Income Streams

In retirement, you will need to discover a means to support yourself. Social Security is one of your options, and you should be eligible for retirement payments if you have worked and accumulated work credits for at least ten years. If you have contributed to an employer retirement account employment, you will ideally have access to savings as a source of income.

How To Fix Social Security

Social Security is approaching a fiscal cliff, with its trust fund reserves possibly being bankrupt by 2033 – a scenario that would result in a 25% reduction in monthly payments for recipients. Yet there is a solution to address most of the financing deficit, say policy experts.