Retirement
The New Normal Retirement
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on April 12th, 2022How do I Start Planning for Retirement?
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on March 25th, 2022Social Security Facts for 2022
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on January 4th, 2022Why Should I Think About Retirement Planning?
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on December 14th, 2021.jpg)
If you’ve only just begun your career and are starting to collect a decent paycheck, the last thing on your mind is probably retirement planning. When you’re in your twenties and thirties, retirement can feel light years away, but it will get here much quicker than you can imagine. And when it does, you’ll want to be prepared.
What are the Benefits of Saving Early?
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on November 16th, 2021.jpg)
For many Americans, the art of saving is something that they have yet to master. This is especially true for those who have just entered the workforce or have gotten their first good-paying job. The mantra of these young professional men and women is often to want to spend instead of saving, and it might be time that changed.
IRS Woes: Don't Let Taxes Derail Your Retirement Plans
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on November 2nd, 2021
All United States citizens are subject to income tax from the federal government, even those who are retired. Living on a fixed income in retirement can be difficult, so it’s important to plan accordingly for how you will be taxed to get an accurate picture of your financial health.
Here’s what you need to know about taxable income in retirement.
Paying for Long-Term Care: Your Options Explained
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on October 26th, 2021 (1).jpg)
It’s not always pleasant to think about who will take care of you when you’re no longer able to take care of yourself, but planning ahead is a necessary part of getting older. The more prepared you are—emotionally, logistically, and financially—the easier it will be for you to transition into long-term care if and when it’s needed.
Small Business Owner Retirement: Dealing with an Unexpected Exit
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on October 14th, 2021Retirement Calculator: Are You On Track to Reach Your Goals?
Submitted by Eric Nichols, ChFC, AIF® | Empowering Your Financial Future on September 29th, 2021
Thinking about retirement can be overwhelming, especially when considering what life may be like living on a fixed income. One of the best ways to improve your financial health in retirement is to start planning early. Here are some things to consider when planning for retirement and how to stay on track with your goals during your working years.