Is Your Retirement Cash Flow Sustainable? How to Stress-Test Your Plan
Your retirement calculator says everything looks perfect. Steady returns, predictable expenses, and enough money to last until age 95. But what happens when the market crashes in your first year of retirement? Or when inflation spikes and stays there? That cheerful projection might not look so rosy anymore. Most retirement plans fail not because people didn't save enough, but because they used overly optimistic assumptions that crumble when reality hits. A...
How Much Does Long-Term Care Really Cost? A 2025 Breakdown
Long-term care is one of those expenses most people hope they'll never need, but statistics tell a different story. About 70% of seniors will need some type of long-term care during their lifetime, yet many families are caught off guard by the costs when the need arises. With 10,000 Baby Boomers turning 65 every day until 2030, understanding these costs is essential for anyone planning their financial future. In 2024, the...
Is Your Retirement Plan Based on Numbers, or Your Actual Life Vision?
When most people think about retirement planning, they start with a calculator. How much do I need to save? What's my magic number? Will $1 million be enough? But recent research indicates that 92% of retirees report being satisfied with their retirement, even though many worry they didn't save enough. This suggests that happiness in retirement might have less to do with hitting a specific dollar amount and more to...
Small Business Retirement Plans: Choosing the Right Strategy for Your Company
Small business owners often find themselves so focused on growing their companies that retirement planning takes a back seat. But here's something that might change your perspective: offering the right retirement plan can actually help your business grow while reducing your tax burden. With more than 40% of small employers not offering retirement benefits and SECURE 2.0 creating new tax incentives worth up to $5,000 annually, there's never been a...