Social Security has become one of the biggest retirement topics in America. Headlines continue to warn about future funding shortfalls, politicians debate possible reforms, and retirees wonder whether today’s system will still look the same a decade from now. One recent proposal that has generated discussion is whether the United States could learn from Australia’s
Do You Really Need $1.46 Million to Retire? Why Retirement “Magic Numbers” Can Be Misleading According to a recent survey, Americans believe they need approximately $1.46 million to retire comfortably. Headlines featuring this number have appeared across financial websites, news outlets, and social media feeds, often creating anxiety among pre-retirees who look at their own
How 401(k)s Are Becoming the New Pension: Understanding In-Plan Retirement Income Solutions in 2026 For decades, retirees relied on a three-legged stool of retirement security: Social Security, personal savings, and a pension. Today, most private-sector workers no longer have access to traditional pensions, leaving them largely dependent on 401(k) plans and individual retirement savings. While
What Retirees Can Learn from Professional Athletes About Running Out of Money When most people think about professional athletes going broke, they assume it has nothing to do with their own retirement journey. After all, what does an NFL player making millions of dollars have in common with the average American preparing for retirement? More
Why Retirees Run Out of Money: Retirement Lessons from Professional Athletes Read More »
Have you ever needed to move money from your old 401(k) to a new IRA? Or roll over an IRA from one custodian to another? If so, you’ve probably heard about the 60-day rollover rule. Most people think it’s just a simple “rollover” and everything will be fine. But here’s the truth: one small mistake
Retirement planning often comes with the same frustrating refrain: “I need to save more, but I just don’t have enough.” If you’re turning 60, 61, 62, or 63 in 2026, the IRS has given you a powerful opportunity to accelerate your savings. The Super Catch-Up provision allows eligible individuals to contribute up to $35,750 to
2026 401(k) Super Catch-Up: How to Contribute Up to $35,750 If You’re Age 60-63 Read More »
Imagine this: You’ve spent decades saving in your 401(k). Then, when you retire, it magically transforms into a reliable pension — delivering lifetime monthly paychecks you can never outlive. No more stressing about market crashes, sequence of returns risk, or running out of money in your 80s or 90s. That future is closer than you
Summary: Sometimes a company will offer an early retirement package to employees. This has certainly been the case during the summer of 2020 for industries like airlines. Analyzing these early retirement offers is a high stakes and complex process. There are several important parts of an early retirement buy-out offer that must be considered. Pension
Early Retirement Packages & Offers Read More »
