There are several common mistakes that people make when planning for retirement:
Not starting to save early enough: It is important to start saving for retirement as early as possible, as this allows more time for compound interest to work in your favor.
Not saving enough: Many people do not save enough for retirement, which can lead to financial strain later on. It is important to set aside a sufficient amount of money for retirement in order to maintain your desired lifestyle.
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With so many headlines surrounding Social Security these days, what is fact and what is fiction? For instance, will the program really run out of money?...
A complete and up-to-date estate plan can help ease your loved ones' worries and make things easier for them after you pass....
Debunking 3 Medicare myths and examining the ways you can avoid falling for common Medicare mistakes....
Listener Nael opens up a discussion about Roth conversions. There are benefits to doing Roth conversions, but can you do too many? Are there any downsides to Roth conversions? Reaping the tax benefits...
The 4% rule helps us understand how much we can safely take out of our portfolio each year without running out of money in retirement. Yet, as simple as the 4 percent rule seems, the practical implica...
 Tax loss harvesting is a strategy that investors use to reduce their tax bill. However, there are many misconceptions about tax loss harvesting, including when it's valuable and how to do it ef...
For many, becoming a millionaire is a desirable (and useful) milestone. Here are 14 myths about millionaires and some tips for how to become one at any age. The post 14 Myths About Becoming a Milliona...
Get the facts on how the Social Security program works for retirees....
We are INCHING TOWARDS retirement. Quite often, since our kids are all grown we vacation when we want to vacation (sometimes one or two of them come, but we don't plan around them unless we're plannin...
Knowing how to address the errors you make on the job can keep you from hurting your professional career — and even help you thrive at work....
Which pension option is right for you? To avoid costly mistakes, here are four key factors to consider....
These early retirement mistakes can douse your FIRE (Financial Independence, Retire Early) efforts....
As a Chartered Financial Analyst (CFA) with over 20 years of experience in finance, including managing Investment Risk and Investment Product Teams, I’ve seen countless individuals make costly m...
At Keen Wealth, "tax season" is never really over. Our checklist-driven, comprehensive planning process is constantly taking in new information about the folks we work with and changes to tax law. By ...
Roth conversions can be an effective strategy for creating tax-free income in retirement. But Roth conversions can also get complex, and if you’re not careful it’s easy to make mistakes th...
Most healthcare providers don't learn basic marketing principles during training. This lack of knowledge can cause a financial setback. The post Are You Making This Costly Marketing Mistake in Your Me...
Here is what experts say are the costliest stumbles people make with their retirement savings accounts — and how to get back on course....
When’s the last time you saw a headline highlighting some young person making five figures of “passive income” a month? ... Read more...
Listener Nael opens up a discussion about Roth conversions. There are benefits to doing Roth conversions, but can you do too many? Are there any downsides to Roth conversions? Reaping the tax benefits...
Of course you want to spoil your grandchildren. Who doesn't? You can do it in ways that won't teach them bad habits or set unrealistic expectations, though....
Aging well is not simply a matter of luck. We do have solid research that tells us how we can make our last decades better and healthier. That takes work....
In today’s fast-paced world, understanding credit cards is crucial. Credit cards often come with misconceptions. For budget-conscious families, debunking these myths is essential. I’m goin...
You work hard to save for your retirement. To help you enjoy it and live more comfortably, here are suggestions to stay on track....
To retire is to enter the unknown. Rick Fine has demystified one aspect of retirement: Medicare. As the director of financial planning for an advisory and investment firm, he has put together a list o...
The new rules apply to IRA beneficiaries who received an inheritance in 2020 or later. Tax planning can help minimize the taxes you owe on your inheritance....
Whether you’ve lost your job or plan on changing jobs in the near future, there are common 401(k) rollover mistakes you need to be aware of. Ignore these, and a rollover could take a chunk out o...
In a refreshingly candid reflection, the Prudent Plastic Surgeon discusses his financial journey, highlighting both the missteps and the incremental ... Read more...
Retirement income planning can create the foundation for a successful retirement. In this episode we discuss a few critical mistakes to avoid and strategies designed to help create long term retiremen...
Ron Surz explains how pooled plans can cut down on costs and administrative burdens for…...
Just because wealthier people have a lot of money doesn’t mean they don’t make mistakes. Here are five common ones that this financial adviser sees....
Medicare misinformation is widespread. And, if that information turns out to be wrong, the repercussions can be serious....
Managing finances and money matters as a couple can be challenging. In fact, dealing with money effectively is a factor ... Read more...
Medicare requires that nearly all workers sign up for the program during a seven-month Initial Enrollment Period (IEP) that includes the three months before, the month of, and the three months followi...
Ever dreamed about retiring to a sunny beach or quaint village in another country? How about living a life of luxury for less than $3,000 per month? In today's episode, we're debunking common myths an...
The 4% rule helps us understand how much we can safely take out of our portfolio each year without running out of money in retirement. Yet, as simple as the 4 percent rule seems, the practical implica...
Around 96% of retirees are making this mistake, researchers found....
I’ve been investing for many years now. I’ve invested in the stock, real estate, and cryptocurrencies. I’ve also worked as ... Read more...
If you are over 65 and retiring or losing your job in the near future, here is one resolution you must make. Resolve to enroll in Medicare Part B, medical insurance....
In today's encore episode, we're talking about how to avoid the six most common Social Security mistakes. Some of these mistakes can be easily corrected. However, others can result in long-term or eve...
Check out Jeremy’s latest podcast on retirement planning by listening on “Apple Podcasts” or “Spotify Podcasts” or read below for How to Improve Your Relationship With Yo...
“Don’t hire a financial advisor, it’s expensive” I see posts like this all the time But… what if the mistakes you make are way, way more costly than the advisor? Sure, I...
Looking back on my life at age 64, I realize I have made many financial mistakes, as have many of ... Read more...
Reveals The Twelve Most Common Investment Mistakes That Separate You From Financial Security Key Ideas Discover how you can make more by risking less. Reveals the dangerous deception hiding behind his...
In an ideal marriage, both spouses want the best for each other. This includes a comfortable retirement. Unfortunately, there is one 401(k) mistake married couples make without even realizing they are...
 Tax loss harvesting is a strategy that investors use to reduce their tax bill. However, there are many misconceptions about tax loss harvesting, including when it's valuable and how to do it ef...
Check out Jeremy’s latest podcast on retirement planning by listening on “Apple Podcasts” or “Google Podcasts” or read below for How to Secure the Right Path to Your Reti...
On your journey to reach your ideal retirement stock options can be a valuable tool to have in your arsenal. However, it’s easy to make mistakes with them since it’s not like there’s...
There’s a misconception that exploring the world on your own, whether as a tourist or expat, is uncommon for older single women. Here's why that isn't the case....
Have you ever said “If I'd only know . . . I would have never done that!” If so, don't beat yourself up too much because you sometimes simply don't know what you don't know. On this episod...