42% of people nearing retirement expect to depend on multiple retirement accounts. The wide range of retirement plans accessible to people today makes choosing the right one challenging. My years of experience helping clients select retirement plans have shown me how complex these choices can be. Each account type follows specific rules and contribution limits. A…
These retirement planning myths have destroyed many people’s financial security right before my eyes. Most workers (63%) believe they can safely take out 5% or more of their savings each year. Medical costs create another blind spot, with 59% of people worried they won’t have enough money to cover their healthcare needs. These misunderstandings can…
My experience shows that early retirement success isn’t about luck – it’s about smart planning. Most Americans spend 20 years in retirement. Want to retire decades before you turn 65? You’re not alone. The FIRE (Financial Independence, Retire Early) movement has caught millennials and Gen X’s attention. Early retirement strategies have evolved from distant dreams…