As we approach 2025, significant changes are on the horizon for Individual Retirement Accounts (IRAs) that could impact your retirement planning strategy. These updates stem from various legislative efforts aimed at enhancing retirement savings opportunities for individuals and families. Let’s delve into the key changes...
disability, Finance / 23.09.2024
Life Insurance vs. Disability Income Insurance—What Should Come First?
When it comes to insurance, we all know the basics: Auto insurance? Mandatory. Homeowners insurance? Of course. But what about the often-overlooked contenders: Life insurance and disability income insurance? Most people have heard of life insurance, but fewer are familiar with its equally important cousin,...
Geopolitical Crises: Short-Term Drama, Long-Term Yawn Yes, geopolitical crises can make headlines and cause some market jitters, but history shows they're just temporary blips on the radar. When tensions rise in places like Russia, China, or the Middle East, markets tend to dip slightly—around 1% in...
Finance, Retirement, Social Security / 09.09.2024
What will Social Security look like when you retire?
Planning for retirement includes lots of considerations, including how Social Security may change over time. Quick takeaways Social Security was never intended as a full replacement for retirement income. But future pressures may mean benefit levels may be reduced, or the age to claim Social Security...