by Taylor Johnson | Sep 17, 2020 | Halfway There, Participant Resources, Ready to Retire, Starting Out
The following Retirement Rules will equip you with basic strategies to help you build your retirement fund. For most people “retirement” is seen as a time during which you withdraw or cease from work. However, there is never a time in which we stop having...
by Taylor Johnson | Sep 25, 2019 | Participant Resources, Ready to Retire
Are you retired or about to retire and wondering what you should do with the funds in your retirement account? Here are a few options:Option 1: Depending on your balance, you can keep the funds invested in your retirement plan. If you like the funds you’re...
by Taylor Johnson | Sep 11, 2019 | Participant Resources, Ready to Retire
When Should You Start Taking Your Social Security?You are eligible to file for social security benefits when you turn 62, but if you do, your monthly check will be reduced significantly for the rest of your life. You may have little choice if you are out of work or in...
by Taylor Johnson | Aug 6, 2019 | Ready to Retire
Unless you plan to work until you drop, you must prepare for retirement.According to The Balance, the average amount saved for those who are 50 to 55 is $124, 831 (“Average Retirement Savings,” 2018). You don’t need a calculator to realize that $124,000 is not...
by Taylor Johnson | Jul 3, 2019 | Ready to Retire
Here are 5 factors that may affect your retirement savings(1) InflationReduces how much you can buy today, compared to last yearHistorically, inflation averages 3% annuallyYour investments need to keep pace with or outpace inflation(2) Investment RiskDetermine how...