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You 8217 re used to receiving a paycheck and perhaps you 8217 ve been used to it steadily increasing over the course of your career You may have experienced what s known as lifestyle inflation and may not plan to...
If you ve saved a substantial amount in a tax deferred retirement account it will no doubt be instrumental in retirement The next step is to strategize how you ll use those savings There are several important things to know...
In 1960 a gallon of milk cost 36 cents and today it costs $3 35 on average 1 Inflation is to blame and we could see higher inflation in the coming years It s important to have a sense of...
While $1 million is sometimes cited as the ideal number for retirement savings 1 this assumes a one size fits all approach to retirement planning Everyone 8217 s retirement goals are unique and preparing for retirement might not be as...
Taxes don t stop when you stop receiving a paycheck If you have multiple sources of income in retirement your tax burden could be substantial By understanding how different types of income are taxed you can develop income planning strategies...
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