3 Tricky Decisions for Every Retirement Plan

retirement planning

Not even experts agree about the ‘right’ withdrawal rate, long-term-care insurance, and annuities. When it comes to retirement planning, there are a few items that you can safely put in the “settled business” pile. In this era of ultra-low yields, for example, it’s a given that most retirees will need to have ample equity exposure…

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How to pay for healthcare costs in retirement

women walking

Stop focusing on the big, scary numbers As retirement risks go, it’s one of the more impossible to manage and mitigate. Or is it? For years now, firms in the financial services industry, as well as researchers, have been scaring preretirees into thinking they need an ungodly amount of money set aside at age 65…

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Wednesday Q&A How do I cover my healthcare insurance if I retire early?

What happens with Health Insurance coverage when you retire early? Gregory helps a Winning at Life caller navigate through weighing the pros and cons to retiring early. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re Here to Help Have questions about this…

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6 retirement-planning mistakes to avoid when you are in your 60s

hiking

Once you hit your 60s, it’s time to figure out when you want to retire — and whether or not you can make it happen. By the age of 67, which is when people born in 1960 or later can fully retire on Social Security, you should have 10 times your final salary saved, according to…

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Wednesday Q&A How can I reduce Medicare Premiums?

How can I reduce Medicare Premiums? Gregory answers this question during an episode of Winning at Life. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re Here to Help Have questions about this week’s content, or need help with your financial plan? We’re here to…

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Sandwich Generation Faces Caregiving Challenges

The sandwich generation has it tough in the best of times. The pandemic has made it even tougher. Life is chaotic for the Galluzzos with the entire family at home all day. Photo by Gina LeVay Things were hard enough for Jennifer Galluzzo before the pandemic hit. Four years ago, the full-time working mother of three became…

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What Will Healthcare in Retirement Cost You? Try $295,000

health care

There’s a reason so many seniors fear the idea of retirement: Leaving the workforce means moving over to a fixed income while having to deal with a host of financial unknowns. And while some expenses do tend to go down in retirement, others, like healthcare, can be more expensive than what you’re used to. Each…

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12 Ways to Get Your Retirement Plan Back on Track

saving for retirement fortune

If your financial situation hits a rough spot, there are a number of things you can do to get your retirement plan moving in the right direction again once you get back on your feet. by: Diane Davis Does it feel like the coronavirus pandemic has pushed all your retirement plans by the wayside? If you…

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If you’re making more on unemployment than working it may mean less help with health insurance premiums — and a tax bill

covid unemployment and health insurance

– Sarah O’Brien KEY POINTS At last count, 10.5 million people were enrolled in health plans through either the federal exchange or a state-run marketplace, according to the Kaiser Family Foundation. One result of the federal government’s expanded unemployment benefits — which added $600 per week to state benefits — is that some unemployed workers…

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