As a financial advisor, I have seen firsthand how much planning it takes to retire early. Deciding to leave the workforce (and say goodbye to your steady paycheck) earlier than you previously intended to may come with many considerations.
Unfortunately, only half of Americans have calculated how much they need to save for retirement — leaving many people completely unprepared for this next chapter.
6 tips for effective estate planning
What do Huber Heights, Ohio (population 43,439), Cullman, Ala. (population 14,775) and Scotland, Conn. (population 1,576) all have in common? They represent a cross-section of “small town America.” They also were all victims of costly cyberattacks in 2023.
Individual Retirement Accounts (IRAs) are recognized as one of the most attractive retirement savings vehicles available to investors.
Preparation is crucial for family-owned businesses
Life’s transitions — like divorce or a spouse’s death — impact us emotionally, as well as financially. And if you’re preparing for retirement, changing jobs or coping with the loss of a parent, these transitions can also be disruptive, stressful, and full of difficult decisions.
How much money will you need to retire? That’s the million-dollar question. Is a million dollars enough for retirement, though?
The biggest complaint I hear from small business clients is the constant struggle to find and keep good employees. This is a common complaint across almost every industry in New Hampshire.
The concept of retirement is evolving, as people look at options beyond “traditional” retirement, like phased retirement, second “later in life” careers, and alternative income streams. So, how, and why, are we redefining retirement?
