It’s not a good idea to put a retirement account in a trust. In general, there are many good reasons to put an asset into
Many retirees rely greatly on their monthly Social Security checks, so it’s essential to understand what affects the size of your Social Security check. This
IRAs and Roth IRAs are both estate planning tools to consider. Find out more about these options.
Social Security is a program run by the federal government. The program works by using taxes paid into a trust fund to provide benefits to
A 2019 survey by Global Atlantic Financial Group, which sells annuities, asked more than 4,000 Americans, pre-retirees and retirees, about their retirement savings. Of those surveyed, 55% said they had regrets. The top three were that they: Did not save enough. Relied too much on Social Security. Did not pay down debt before retiring. However,…
The U.S. has a rapidly aging population. By 2030, every baby boomer will be age 65 or older, which means that one out of every
According to the Donahue Institute at the University of Massachusetts, Boston’s population of older adults is expected to reach 125,000 by 2030—amounting to 19% of
The U.S. has a rapidly aging population. By 2030, every baby boomer will be age 65 or older, which means that one out of every
Currently, approximately 10,000 people turn 65 years of age each day, the standard age for retirement, according to Deutsche Bank. That’s a lot of people
Recent research indicates that there’s a significant increase in mortality among men who retire at 62 (the earliest age a person can retire and start
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