5-Year-Old Boy Fatally Shoots Himself

Detroit, Michigan – A heartbreaking incident unfolded on Saturday when a 5-year-old boy accidentally shot himself in the face and died shortly after, according to Detroit Police Chief James White. This tragic event marks at least the fourth child fatality in Michigan this year due to unsecured firearms. The incident occurred around 1:25 p.m. in … Read more

Why you should consider a Roth conversion before year-end

As the end of the year approaches, those contemplating a Roth IRA conversion must make their move before December 31 to maximize its benefits for the following year. Here are the implications of Roth IRA conversions, both in the present and during retirement, to help you determine if this financial strategy aligns with your goals. … Read more

Retire in Paradise: Discover the Top 3 Countries with Unbelievable Perks for Retirees

Retiring abroad has become an appealing option for a significant segment of America’s retiree population. Approximately 12% of the roughly 45 million retirees in the U.S. have chosen to live overseas. The reasons for this shift are as varied as the individuals making the move. Many are enticed by the potential for a lower cost … Read more

Hold On! Read This Before Splurging on a New Car in Your Golden Years

Deciding whether to buy a new car in retirement is a multifaceted dilemma that many retirees struggle with. For some, the car symbolizes independence and the ability to travel, visit family, and engage in leisure activities. For others, it’s a matter of safety, as modern vehicles have advanced features that can significantly reduce the risk … Read more

The Ideal Extent of Your Financial Advisor’s Control in Retirement

Retirement marks a significant life transition, bringing forth various financial challenges. A financial advisor should be a tremendous asset during this phase, but how much control should they have? Finding the right balance between independent decision-making and relying on professional advice. Let’s explore the extent of power a financial advisor should ideally hold during your … Read more

Uncover the Shocking 401(k) Fees That Could Drain Your Retirement Savings

The United States is facing a retirement crisis, with approximately 56 million private sector workers lacking any form of retirement savings plan. Failing to have a plan in place can lead to insufficient funds for a comfortable retirement. That’s why having a 401(k) plan if offered by your employer, is crucial. However, knowing the fine … Read more

How to Navigate Cannonballs and Curveballs in Retirement

Recent research conducted by Age Wave and Edward Jones explores the challenges individuals face during retirement, referred to as “cannonballs” Recent research conducted by Age Wave and Edward Jones explores the challenges individuals face during retirement, referred to as “cannonballs” and “curveballs.” While retirement planning may involve envisioning newfound free time and activities, unexpected events and setbacks are inevitable. The study emphasizes the importance of managing and overcoming these challenges to lead an active and purposeful retired life.