Benefits to Saving Your Money in Gold

4 Benefits to Saving Your Money in Gold

Save more, spend less. This financial mantra continues to be a top New Year’s resolution. In fact, according to Fidelity’s Financial Resolutions survey, “saving more money” is the number one 2022 New Year’s resolution for 43% of those surveyed. Learn how the qualities of physical gold can help you save money this year and beyond.…

4 Tax Law Changes to Watch in 2022

4 Tax Law Changes to Watch in 2022

Every year, the IRS makes changes that could affect your tax return. The year 2022 is no different. In November 2021, the IRS announced several updates for the 2022 tax year—and these will affect the federal tax return you file in 2023. Generally, the most recent tax changes were made to account for inflation. Tax…

The Difference Between Retiring at 50, 60, and 70

The Difference Between Retiring at 50, 60, and 70

A survey by the Gallup polling organization pinpoints 62 as the average retirement age in the U.S. But since that’s an average, it’s clear that not everyone is picking that as their retirement age. Some folks might want to retire early, at age 50. Others may wish to time their exit from the workforce at…

6 Smart and Simple Ways to Hedge Your 401k

6 Smart & Simple Ways to Hedge Your 401(k)

We all remember when the Great Recession turned people’s 401(k)s into 201(k)s. Retirement accounts took a beating. “The nation’s 401(k)s and IRAs lost about $2.4 trillion in the final two quarters of 2008,” reported The Atlantic. So what could we have done differently to help protect, or hedge, our retirement accounts? Consider these six tactics…

How to Protect Your Retirement Plans from Inflation

How to Protect Your Retirement Plans from Inflation

If the past is any indicator, you can expect to be paying more, not less, during retirement to maintain the same standard of living that you enjoy today. That’s pretty much the definition of inflation. Inflation also is a benchmark that the federal government uses to determine contribution limits to qualified retirement plans or to…