If you’re looking to create a new income stream in retirement, you’ve got no shortage of options. You can become a franchisee, for example, and open up your own location of a branded restaurant — as long as you have hundreds of thousands of dollars to invest and the net worth to back it up. You’ll read a lot about starting a blog or freelancing on Fiverr, but statistically, the chances [...]

Here’s something to think about: You could spend two, or even three, decades in retirement. To meet your income needs for all those years, you’ll generally need a sizable amount of retirement assets. How will Social Security fit into the picture? For most people, Social Security won’t be enough to cover the cost of living in retirement. Nonetheless, Social Security benefits are still valuable, so you’ll want to do whatever [...]

For most of us, retirement means slowing down and enjoying what’s familiar and comfortable. That’s not true of everyone, however. There are older adults who have an enterprising spirit that kicks in and keeps going well after their mid-60s. Atlanta Senior Life found four of them nearby and profiled them in a recent series of articles.

You know the importance of saving enough money for retirement so that you have readily available sources of funds to augment your guaranteed income from Social Security and any pensions. But did you also know that how you go about converting your assets into income can have significant tax implications? Maximize Retirement Savings Flexibility Developing a tax-aware withdrawal strategy starts with diversifying the various types of accounts you own. Ideally, [...]

Do you hope to retire in the next five years? Fasten your seatbelts and place your tray tables in an upright and locked position, because you could be in for a perfect storm of events that no other generation has faced before. Below are three significant threats that could jeopardize your financial security in retirement.

When I talk about my definition of retirement, I think it sometimes catches people off guard. In my mind, retirement is not who you are or where you’re at in life, rather it is the transition of your time and money.  In other words, it is a process you go through … not your identity. The transition for money is a transition from accumulating money to utilizing it.  For time, it is [...]