How to Manage Your Money Wisely During Retirement
Many retirees are seriously concerned about the potential of running out of money. If your retirement plan depends on income from investments, that income may become unstable as market forces change. In addition, you might find that the cost of living is higher than...
Retirement Planning in “New Normal”
It is difficult to find a single area of life that hasn’t been impacted by the coronavirus pandemic. As everyone continues to navigate the “new normal” it is important to understand the importance of long-term financial goals and how the virus may impact retirement...
The Difference Between Roth IRA and Traditional IRA
When it comes to saving for retirement, many people think of 401(k) plans offered by their employers. However, there are many employers that do not offer these retirement plans. This means that a large number of Americans need another option. This is where an IRA can...
Tips for Making Your Retirement Savings Last
Many people look forward to retirement as a joyful time where they can travel and fulfill other aspirations. Beneath this happy time, however, lurks the very real concern of running out of money. Without a source of income, retirees realize that their savings need to...
Common Estate Planning Mistakes
Estate planning can be beneficial to everyone, not just the wealthy. People plan for their future and their retirement, and why stop there? Estate planning is the next step, and while it may seem grim, these plans help to mitigate the risks at the end of your life and...
Common Retirement Mistakes to Avoid
Retirement planning will differ for each person because they all have unique situations that will determine how much one should save or when they can retire. There is no single “right” way to approach retirement; after all, nobody has all the right answers. That being...
How the Secure Act Will Affect Your Retirement
Earlier in December, legislation passed through the House which would make the biggest changes to America’s retirement system in 13 years. Chief government political affairs officer at the Insured Retirement Institute, Paul Richman, said, “The Secure Act has been...
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Welcome to Matt Walker's blog about income and retirement strategies! Be sure to check back in from time to time for new articles and updates!