Retirement

You hear the term now and again, “MCI”. Someone might say it’s what your aging loved one has. Is it a diagnosis? Doctors use the term, but no one seems to exactly pin down what it means. How mild is “mild” and what does it mean in terms of diminished capacity? Here is a way

If you don’t want to feel poor in your retirement, you’ll want to learn about inflation risk and adopt strategies to mitigate it. Inflation is a serious risk that can derail your retirement finances. What Is Inflationary Risk? Inflation increases the cost of goods and services over time. If your income doesn’t keep up with

By Ellen Neuborne, Next Avenue My book club meeting was finishing up when one of the women approached to ask me a favor. “Will you take a look at my resume?” she asked. I’m an editor by profession and I get that request a lot. “I’ve sent dozens of applications in and I’m getting nothing

One of the last things we want to think about as we finish off the holiday ham are taxes. But in years where you see your income hike, now is the time to take advantage of the last-minute tax maneuvers for 2023. It’s not a surprise, but tax time has become one of the most

By Richard Eisenberg, Next Avenue A great feature of traditional Individual Retirement Accounts (IRAs) and employer-sponsored retirement plans like 401(k)s is that their money can grow tax-deferred for years. But eventually, the tax piper must be paid. That’s when Required Minimum Distributions, or RMDs, kick in and federal — plus sometimes state — ordinary income