Tag: Retire

A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps

Christina Lobo
A record 4.1 million Americans may retire this year: Financial planners say they should take these 5 steps

The so-called silver tsunami of retirees is beginning to crest this year, as a record-high 4.1 million Americans turn 65 in 2024. While many are part of an exodus from the workforce, not all of them will retire: Some cannot afford to stop working, and there is also a growing cohort of college-educated baby boomers who want to keep their jobs despite having the financial means to retire.

Still, as baby boomers reach what experts are calling the “peak 65 zone,” the number of people retiring is expected to jump from around 10,000 per day over the past

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Make Guaranteed You Know These 4 Main Money Policies Ahead of You Retire Overseas

Christina Lobo
Make Guaranteed You Know These 4 Main Money Policies Ahead of You Retire Overseas

If you prepare to retire abroad, you’ll require to choose a handful of more safety measures in your retirement scheduling to make confident every little thing runs effortlessly. Most possible pitfalls posed by relocating to a foreign nation have uncomplicated fixes, but other scenarios are a bit extra challenging. Retain these policies in thoughts to make sure that unforeseen hiccups never derail your fiscal prepare and get in the way of your retirement dreams.

1. You can generally get Social Stability although residing abroad

U.S. citizens residing in foreign international locations can still receive Social Security if they are qualified

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Planning to Retire in the Next 3-5 Years? What to Consider Today

Christina Lobo
Planning to Retire in the Next 3-5 Years? What to Consider Today

It may take decades over the course of a career to save for retirement, but there is a small and defined window of time leading up to one’s golden years that is exceptionally critical when it comes to planning. I often work with my clients three to five years ahead of their anticipated retirement to fine-tune their plan, reviewing everything from financial expectations, probable lifestyle changes or decisions, and often-overlooked non-financial considerations.

Having a map or outline defined in the years before retirement will ultimately provide financial and emotional comfort and stability for the future. Below is a roundup of

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