.png)
You may have a very idealistic vision of retirement — doing all of the things that you never seem to have time to do now. But how do you pursue that vision? Social Security may be around when you retire, but the benefit that you get from Uncle Sam may not provide enough income for your retirement years.
.png)
Retirement is a major milestone that brings many life changes. One thing that doesn't change for most people: the fear of running out of money. In fact, one of the most frequently reported retirement worries is outliving savings and investments.
Readers of this space know that I have been talking about the eventuality of interest rates going higher and the resulting changes we’ll need to make to our portfolios for about 10 years.
Divorce can deal both divorcing spouses one of the biggest financial blows of their lifetimes.
If you already contribute to a 401(k) or another retirement account through work, you may not have spent much time thinking about opening an individual retirement account (IRA). However, an IRA might provide you with a way to boost your savings even further.
When approaching the latter part of life, it is easy to get caught up in achieving every goal on your bucket list. Individual lists vary widely, but often are filled with wild adventures like skydiving and scuba diving in the Great Barrier Reef. Bucket list items are the things one plans to do their entire life once they have the time and money to do it.
© 2022 Latitudes Financial Strategies. All rights reserved.
