1. Make a financial plan that starts with a budget.2. Determine how much you can safely withdraw from savings.3. Identify which retirement sources to use when.4. Set your asset allocation.5. Figure out how to pay for medical costs.Get the details from Margaret Price, writing for Investors Business Daily at: http://www.investors.com/etfs-and-funds/retirement/dont-quit-your-job-before-taking-these-5-retirement-steps/ Source: Financial Planning for…
Day: June 13, 2017
Understand Key Concepts: Return and Rate of Return
When evaluating investment options or assessing the performance of your current investments, two concepts are key: return and rate of return. In this podcast, we explain both and how to use them to get the most out of your investments. Listen | 4 min. 45 sec. https://www.finra.org/investors/podcasts/key-concepts-return-and-rate-return?utm_source=MM&utm_medium=email&utm_campaign=Investor%5FNews%5F053117%5FFINAL Source: Financial Planning for Women
Medicare Primer
Most people should sign up for Medicare during the three months before their 65th birthday to avoid costly penalties, even if you are still working and covered by health insurance through your employer. Failure to sign up at the right time can result in a financial penalty for the rest of your life (to discourage…