Financial Articles

Here’s a shocker for many pre-retirees: Medicare isn’t free. Not only that, but it can often come along with unexpected costs.

I’m an avid goal-setter in many areas of my life. Needless to say, that includes my investments. They have a purpose, they’re led by a strategy but I also need to gauge if they’re on track with where I need them to go, and I’m able to do this through intentional goal-setting.

A question our team often faces is, “When should I retire?” And for couples, a follow-up inquiry can also include whether or not that answer should differ from your spouse.

Here’s a unique way to view your investment options, and it’s a strategy Warren Buffett and his right-hand man, Charlie Munger, utilize as well.

Tales of the impending demise of Social Security benefits continually circulate the financial world; However, you shouldn’t let these scare tactics get the best of you.

Retirement planning legends and rules-of-thumb are plentiful, but do they hold true when it comes to your hard-earned dollars?

Where you decide to live in retirement should mirror your values, purpose and passions. Just like everything else you surround yourself with, you want your residence to bring fulfillment, but choosing where and what that looks like can be challenging.

The optimal asset allocation mix for retirement isn’t clear-cut. It depends on a multitude of variables specific to you, such as age, presence of other income sources and most certainly, your risk tolerance.

The author here (a self-proclaimed pyromaniac) makes a very important observation as it relates to the popular Financial Independence, Retire Early (FIRE) movement: “It is usually easier to start a fire than put one out.”

Navigating your way through the long-term care marketplace can be confusing. How do you know if the policy you purchased years ago is still the best option for you?

Upon entering retirement, being posed the question, “What do you do?” might cause you some anxiety.

We’ve previously discussed the concept of a ‘phased retirement’ on the Retire With Purpose podcast, but another way to test out this new lifestyle is a retirement trial run.