December 2024

Pension income

How to Get the Highest Paying Pension in Retirement

Looking to get the highest paying pension in retirement? This article outlines the steps on how to get the highest paying pension in retirement and increase your pension income. Learn how to maximize employer benefits, make smart annuity choices, and use union memberships to your advantage. Secure your financial future with these essential tips. Summary

How to Get the Highest Paying Pension in Retirement Read More »

A group of active older adults enjoying hiking together.

The Health Benefits of Staying Active as You Age

Staying active is vital for maintaining overall health and independence at every stage of life. However, as people age, physical activity often declines due to reduced mobility, chronic conditions, or fear of injury. Older adults must adopt safe exercise practices tailored to their abilities, especially since fewer than 25% met national activity recommendations. Regular exercise

The Health Benefits of Staying Active as You Age Read More »

A retired adult knitting as a hobby-turned-business endeavor.

How To Turn Your Hobby into a Post-Retirement Side Business

Retirement is the perfect time to explore turning a lifelong hobby into a side business, blending passion with the opportunity to generate extra income. This approach not only keeps your days fulfilling but also creates a flexible stream of revenue, enhancing financial security. Diversifying retirement income streams — such as through part-time work or side

How To Turn Your Hobby into a Post-Retirement Side Business Read More »

A retired couple going over their monthly spending to see where they’re overspending.

How To Identify and Prevent Overspending in Retirement

Managing finances during retirement is crucial for maintaining long-term security and peace of mind. Overspending often poses a significant challenge, stemming from apparent habits and less obvious factors like unexpected healthcare costs or inflation. As highlighted by Statista, Americans live an average of two decades post-retirement, so careful planning is essential to ensure savings last

How To Identify and Prevent Overspending in Retirement Read More »

A retired couple taking their dog for a walk in the fall.

Retirement Income Options Ideal for Couples

Joint retirement planning is crucial for couples as it fosters financial security and peace of mind in their later years. By coordinating financial strategies, partners can optimize their income streams, maximize Social Security benefits, and create a balanced budget that accommodates their lifestyle desires. This collaborative approach strengthens emotional bonds and ensures both partners are

Retirement Income Options Ideal for Couples Read More »

Scroll to Top