Congratulations! You’ve worked hard, planned and saved and now you’re able to do what very few people can: you are able to retire before you turn age 65. If you’re in this group, the single biggest concern you have now is health insurance. Q. What do you do if you’re retiring before age 65 and going on Medicare? Assuming your … Read More
A Retirement Story: The Silent Threat to Your Retirement Savings
When my grandparents took early retirement at age sixty-two, they did pretty much what everyone of their era did: My grandfather had worked for the same company for more than thirty years while my grandmother stayed at home and raised the family. When my grandfather retired, they sold their home up north and moved to Florida. They put all of … Read More
Understanding Tax Preparation
You’ve all heard that old saying that you can’t avoid death and taxes. Unfortunately, this adage is true. Since I believe you should spend as much of your time as possible doing only what brings you immense joy and satisfaction, I doubt that filling out your tax return is one of these activities! That’s why I urge you to use … Read More
A Retirement Story: The Biggest Money Mistake That Couples Make
Many spouses assume certain roles when it comes to finances. One person tends to make more of the financial decisions themselves, while excluding their spouse from the process; sometimes even keeping important information from their family. This story, from Brian Fricke, shares how falling into those roles and habits can be a big money mistake later on: Mary, a … Read More