Are you 50 or older? Finally, some good news, you may qualify for some tax breaks. Being older has some perks, and the following tax breaks may be available to you. Seniors 65 and older get a bigger standard deduction. You or your spouse can claim a larger standard deduction if you don’t itemize your … Read more
How ready are you to retire? Have you done a test run? Can you cut your expenses? Read on for some helpful ideas.
We don’t want our money to run out before we die, which is why most insurance companies sell annuities. To be sure, this is a compelling sales pitch. A significant part of your wealth is forfeited to the insurance company if you die before reaching your life expectancy, which is the risk associated with annuities.
Some expenses may be able to be reduced or eliminated in retirement, while others may increase with age. Retirement means no commuting costs or expensive clothes for work, and new hobbies or using more health care services may result in new costs. When planning your retirement budget, keep these expenses in mind. Housing In retirement, … Read more
A retirement plan can benefit from annuities. As a result, they provide guaranteed retirement income, similar to what workers receive with a traditional pension plan. There are fewer defined benefit plans than ever, so every worker must create a retirement plan. With an annuity, even if your 401(k) or other workplace retirement plan runs out, … Read more
Portfolio diversity is essential to maintain a healthy balance, even when the stock market is performing well. Investing in tax liens can diversify and protect your retirement savings when the stock market isn’t booming. It’s not a complex process. With a bit of knowledge and research, you can start investing with limited funds and earn … Read more
Daruvar, Croatia – A tragic incident unfolded at a retirement home in Daruvar, Croatia, where a gunman entered and carried out a shooting that resulted in the deaths of at least five individuals on July 22, 2024. The small town of Daruvar, located approximately 75 miles east of the capital city Zagreb, was shaken by … Read more