Portfolio rebalancing, how to budget your money, what’s an HSA and who needs one? Preparing for retirement is hard. From personal finance basics to retirement planning and everything in between, we’ve got a few ideas to make life a little simpler. Contact MCF with any questions.
You've been diligent—saving, monitoring retirement accounts, consulting your advisor. But are you prepared for life's uncertainties? Your retirement plan relies on assumptions: savings, investment duration, inflation, and returns. Life, however, loves throwing curveballs—job loss, health issues, financial shocks.
The Bureau of Labor Statistics (BLS) showed that in 2020, 10.6 million people 65 and older were still in the workforce. This demographic of individuals is known as Career Extenders, and unlike making your own sourdough bread, this trend isn’t going anywhere anytime soon. Read more to discover three simple steps to help prepare for a new age retirement.
If you turn age 50 anytime in the calendar year, you are eligible to contribute an additional $7,500 into your plan as a catch-up contribution. This is in addition to the $22,500 annual limit.
Clear, achievable, and meaningful goals can lay the foundation for success. Along your goal-setting journey, you may encounter various obstacles that are important to take into consideration when creating a well-defined financial plan.
Join Retirement Planning Specialist and Financial Advisor, Hunter Nighbert every quarter for our Participant Education Series, where we discuss a wide range of topics that will help you plan and prepare for Retirement. Watch now to hear his insights into Roth vs Pre-Tax Contributions.
Join Retirement Planning Specialist and Financial Advisor, Hunter Nighbert, as he shares insights into how to plan and prepare for retirement.