You’ve worked hard all your life. Retirement is supposed to be the next chapter where you do more things on your own terms, not someone else's. However, unforeseen events still arise that could derail your retirement. Things like sudden health issues, or economic downturns could disrupt your life if you aren’t prepared.
Finally being eligible for Medicare solves one of the largest problems you will face in retirement: healthcare. One benefit of Medicare is being able to select various Parts and plans that pertain to your needs. After you have made the adjustment, Medicare can be convenient and affordable for those turning 65. However, Medicare costs are directly related to your income. If you make over a certain amount of income, extra surcharges on your Medicare premiums start to kick in.
If you like taxes, raise your hand!.... That's what I thought. Learn the importance of a good tax strategy for your retirement income and reduce your lifetime tax bill.
When planning your retirement income, you should include healthcare costs. Here are some of the top healthcare costs in retirement to consider.
Preparing for a business valuation doesn't have to be complicated. This quick guide will help you understand the methods and steps required to calculate the value of a business.
Your estate plan is important for both you and your family, so don't wait until the last minute to make a secure plan. Here are some major mistakes many estate plan packages often have that can be easily avoided.
Unfortunately, your inheritance doesn't (usually) come with instructions. If you've recently received a sizeable windfall, follow these 5 tips to being a good steward of your inheritance.