Eric Fry -- The First Shall Be the Last...Or At Least Not First
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Retirement used to be boring. Now, with people retiring earlier, and living longer, it opens the door to a much more active retirement. The variety and number of hobbies that you can pick up and pursue is significantly more open than ever before. Here are a few that you might not have thought of that you can try!
You’ve worked incrediblyhard in order to save up to retire, but there are pitfalls and expenses that if unaccounted for can shipwreck your retirement and leave you in a financial bind. I’ll share the most common issues you may encounter and how to avoid them.
Between the ongoing trade war with China, an inverted yield curve, and the Federal Reserve lowering short-term borrowing costs, investors are starting to talk about a recession. Unfortunately, there isn’t anything you can personally do to stop a recession, so if one does come you need to make sure your money doesn’t disappear.
The Democratic debate last week provided quite a bit of interesting food for thought. Elizabeth Warren and Andrew Yang both had some interesting proposals that would affect both taxes, and the amount that Americans receive, but I’m not sure either proposal will perform the way they intend.
Retirement expenses can be a tricky field to navigate. How much should you allocate for entertainment, transportation, housing, and a dozen other expenses? Unfortunately I don’t have all those answers, but what I DO have is some hard data that you can use as a gauge to see if you are significantly off the mark for what is working for most retirees.
Your last will and testament may not be the flashiest topic, but it is important. It’s not fun to consider your eventual departure from this life, but making sure your assets are squared away is a tremendous help to those you leave behind. Unfortunately, your will isn’t a ‘once and done’ project. You should update your will from time to time to reflect significant changes in your life, such as…