A Year-End Review Can Improve Your Finances
Reviewing your finances before the end of the year can help you save more, lower your taxes and get you closer to your goals.
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What should a retiree do with proceeds from the sale of home?
If you're selling your home when you retire, you'll need to decide what to do with the proceeds of your home sale. There are many ways you can use the profits from a home sale to help your retirement plan.
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Where will my retirement paycheck come from?
Another critical part of evaluating one's readiness to retire early is to determine how to recreate a paycheck in retirement. During our working years, most of the focus of our saving and investment is to grow our next egg for a future retirement. Now that you are at the point of considering early retirement, you'll need to figure out how to create a monthly income to cover your needed expenses and have the cash to do the things you want to do in retirement.
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You've been offered early retirement, now what?
If you’re 55 or older, be aware of how an early retirement offer could impact your finances. Early retirement packages can offer financial benefits that are worth considering. But there are several aspects to evaluate before deciding if an early retirement offer is the right choice. Ultimately, you want to make an informed and educated decision on whether accepting an early retirement offer is right for you.
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