Meet Bill and Karen, a couple in their early 60s who have recently become empty-nesters ... plans to achieve a balance between upgrading their home and maintaining their retirement timeline.
Whatever the decisions, it’s incumbent upon advisors to help make sure the clients are informed about them, said Jeremy Shipp, founder of Retirement Capital Planners in Richmond, Va. “Run projections ...
The report done by the Center for Retirement Research at Boston College examined how empty nester parents adjust their savings, consumption and earnings after children leave the house. The report ...
But being an empty nester ... for Retirement? Here’s the No. 1 Thing To Get Rid of First When you had high school or college-age kids at home, you might have kept multiple cars at the house ...
And if they ever needed to free up cash to pay for emergency expenses or help fund their retirement, the house could be that “backup.” “That’s how we think about our housing, as a nest egg ... to ...
Planning for retirement can be daunting ... like selling your house or taking out a reverse mortgage. You might consider making a plan for “unretiring” and heading back into the workforce ...
Nolan and McLaughlin spend as much time as possible outdoors, often enjoying the meadow from the home’s 110-foot wraparound porch. The meadow has hosted four weddings — for three of their children and ...
American workers have no shortage of options for selecting the best retirement plan. Most people are eligible for more than one retirement plan. 2024 retirement plans generally offer tax advantages.
No matter your financial status, it's crucial to assess your current expenses and whether your retirement savings are on ...
The 401(k) plan is the most popular retirement investment vehicle in the United States. The employer-sponsored plan allows ...
But being an empty nester is also a good opportunity to rein in your spending and boost your retirement savings ... to dip into your savings or whip out the credit card to give the house a makeover or ...