Are you constantly daydreaming about life beyond the office walls? Do you find yourself counting down the days until Friday even on Monday morning? Well, my friend, these might be subtle hints that retirement is beckoning! But how do you really know it’s time to retire? I’ve been researching this question extensively, and let’s face … Read more
Estate plans are designed to distribute assets according to the wishes of the deceased. However, complications arise when a named beneficiary dies before receiving their inheritance. Depending on the terms of the will, the existence of a contingent beneficiary, and state probate laws, the inheritance may be reassigned, redirected, or absorbed back into the estate. … Read more
If someone you care about dies, selling their house and things might be the last thing on your mind. But if you’ve been appointed the executor of an estate, the task of distributing the deceased persons assets according to their will falls to you. As executor, one of your jobs may be to sell the … Read more
Figuring out the right amount of money needed for retirement feels like trying to solve a puzzle with missing pieces. As someone who’s spent countless hours researching this topic I can tell you there’s no “one-size-fits-all” answer. But don’t worry—I’m gonna break it down into manageable chunks that’ll help you determine what net worth you’ll … Read more
Alden and Dena Swartz draw nearly $4,000 a month from Social Security, the government program designed to support Americans in retirement. And they are struggling. Gail Randle and her partner, Mike DellaVolpe, collect only $2,400 a month in Social Security benefits: Not quite $30,000 a year. And they are doing all right. “We are frugal … Read more
The Dream vs. Reality of Retirement Debt The general belief for decades has been that you should definitely, definitely not have any debt before you retire. Many of us heard stories as kids about “mortgage-burning parties” where our grandparents celebrated being free from debt. But is this still the best way to handle money in … Read more
Basic State Pension is based on the number of qualifying years you achieve during your working life. Find out about when you can claim a basic State Pension. Everyone eligible for the basic State Pension has now reached State Pension age. To get it you need to have enough National Insurance qualifying years. If you … Read more
If you dont have any money saved up for retirement, it can seem like a daunting task to plan for it. Every year that goes by, you have less time to save, which could mean that you have to put off your plans to retire. While ideally, you would start investing in your 20s, you … Read more
No matter what stage of life youre in, one thing will always remain the same: Its never too late — or too early — to save money. Are you approaching your late 30s and wondering if your financial house is in order? Maybe you’re looking at your bank account retirement savings and overall financial picture … Read more
The new state pension is set to rise by more than £500 a year in April 2026, as a result of the triple lock arrangement. This makes sure that the state pension goes up every year by the same amount as inflation, wage growth, or both. 5% – whichever is the highest. September 2024s inflation … Read more