Retirement

Retirement Calculator: Are You On Track to Reach Your Goals?

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek 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.

Retirement as a Single Woman

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on September 14th, 2021

If you’re in the 29 percent of women between ages 50 and 64 who are single, you may be wondering what retirement will look like.

Pre-Retirement Preparedness: Planning for Your Career Exit

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on September 7th, 2021

This is it. You’re zeroing in on your retirement years. You’ve been planning this for decades, but are you really ready? If you’re five to 10 years away from retirement, it’s time to start getting specific about your plans after exiting your career. Here’s what you should be doing to prepare.

More than Finances: The Benefits of Holistic Advice from Financial Professionals

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on August 27th, 2021

When thinking about our physical health, it’s common for people to take a holistic approach—that is, we think about ways we can practice being healthy overall, like eating a balanced diet and getting an adequate amount of exercise. Keeping our bodies healthy means improving our quality of life.

Money Management 101: Tips for Your Kids Entering the Workforce

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on August 17th, 2021

When we’re young, we have so many lessons to learn—one of the most important being how to manage our money. If your kids are starting to enter the workforce, whether it’s a part-time job just for the summer or a full-time job after graduation, it’s essential they know how to practice healthy financial habits.

Living the Dream: How to Plan for Your Ideal Retirement

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on June 2nd, 2021

What would you do with your time if you weren’t working 40 hours every week? Everyone has a different idea of what they want retirement to look like, whether it involves traveling the world or staying comfortable at home.

Medicare in 2021: Here’s What You Need to Know

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on May 10th, 2021

Many older Americans rely on Medicare for their health care needs. But it’s not always easy to figure out what’s covered and how much it will cost. Medicare benefits change from year to year, and 2021 is bringing an increase in premiums for participants. The good news is, there are other ways to save on Medicare costs.

Selling Your Home After Retirement: The Benefits of Downsizing

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on April 21st, 2021

If you’re nearing retirement age, you’re probably thinking about what life will look like once you’ve stopped working full time. There are many benefits to retiring—like more time to spend on your hobbies and with people you love—but there’s also the uncertainty of living on a fixed income.

Should You Retire at the Same Time As Your Spouse?

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on January 12th, 2021

If you and your spouse are making plans to retire, you’re probably wondering whether it’s a good idea to retire at the same time.

What College Students Need to Know About Money

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on October 1st, 2020

College represents a time of independence in a young adult’s life. It may be the first time that your child has almost complete control over their own finances. From deciding how to use their spending money to deciphering student loan options, it can be difficult for students to adjust to the financial side of college living.