Most people have a plan for when they would like to retire. But life doesn’t always go according to your plans, and sometimes you are thrown a curve ball. Your employer may be restructuring, you may have health problems, or maybe you have to care for an elderly parent. Either way, you now find yourself retired and are wondering what to do next. Here are three initial steps for effectively dealing with this scenario.
Have you ever wondered how much money you can put into each type of retirement account? Do you want to ensure you are maximizing your potential tax-benefits in retirement? The answer isn’t complicated, but it has changed for 2019. Starting January 1st, you can now contribute more than ever before to certain types of retirement accounts.
Have you ever wondered about when to claim Social Security benefits? If so, you are like millions of other Americans across the United States. The timing of when you claim your Social Security benefits could be one of the most important decisions of your retirement, and in general, most Americans incorrectly believe you should always claim at age 62. Click here to find out when the best time is for you to claim Social Security benefits!
Investing your money isn't just about choosing the right investment vehicles. Choosing where you invest your money is equally important. Find out more about all three tax pockets here!