Tag #Retirement Planning

forbes.com
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Women Over 50: Redefining Entrepreneurship and Retirement

Women over 50 are launching businesses at a record pace, outperforming younger entrepreneurs in long-term success due to experience and a desire for purpose-driven ventures, challenging traditional retirement models and societal norms.

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48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
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ETF Experts Recommend Core-Satellite Strategy for RRSPs

Three ETF experts recommend a core-satellite strategy for RRSPs, suggesting core holdings of broad market and high-quality U.S. equity ETFs, actively managed short-term corporate bonds for fixed income, and satellite holdings of international high-dividend and U.S. equity ETFs for diversification an...

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12% Bias Score

Reduced Inequality
cbsnews.com
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Precious Metals in Retirement Portfolios: Benefits, Risks, and Optimal Allocation

For retirees, precious metals like gold offer inflation protection and portfolio diversification, but carry risks like high capital gains tax (28% for gold in the U.S.), storage costs, and liquidity issues; experts recommend allocating 5–10% of a portfolio to precious metals.

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52% Bias Score

Reduced Inequality
cnbc.com
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IRS to Enforce 2025 Inherited IRA Penalties

In 2025, the IRS will enforce penalties for missed required minimum distributions (RMDs) from inherited IRAs for non-spouse beneficiaries who inherit from an IRA owner who reached RMD age before death, impacting adult children and others; they must empty the account within 10 years with yearly withd...

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44% Bias Score

Reduced Inequality
cnbc.com
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Retirement Savings: Focus on Savings Rate, Not Target Amount

Financial advisors recommend prioritizing personal savings rates over fixed retirement targets, suggesting a 15% pre-tax income contribution rate including employer matches; reassessing contributions yearly, and adjusting investment allocations based on risk tolerance and life events.

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36% Bias Score

Reduced Inequality
smh.com.au
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Financial Planning Strategies for Retirement and Estate Planning

This article explores various financial scenarios, including superannuation contributions, age pension eligibility, downsizer contributions, gifting strategies, and tax implications for individuals and families at different life stages.

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48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Preretirees and Retirees Misprioritize Key Retirement Decisions

A Stanford Center on Longevity study shows that while many preretirees and retirees seek investment advice, they often overlook more impactful decisions such as retirement timing and Social Security claiming, which significantly affect their financial security.

Progress

44% Bias Score

No Poverty
forbes.com
🌐 65% Global Worthiness
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Ten Financial Tips for Aspiring Snowbirds

Financial advisor Michael Murray and his wife exemplify the growing snowbird trend, purchasing a Florida home for winter months; this article provides ten financial tips for those considering a similar lifestyle change, covering areas like rental costs, insurance, healthcare, and residency.

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44% Bias Score

Good Health and Well-being
forbes.com
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Passive Income: A Lifeline for Gen X Women's Financial Security

Passive income strategies, such as rental properties or digital products, offer Gen X women a crucial path to financial independence and security during midlife by supplementing traditional income, providing a safety net during emergencies, and facilitating wealth accumulation.

Progress

52% Bias Score

No Poverty
forbes.com
🌐 75% Global Worthiness
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Seven Steps to a Financially Secure Retirement

This article outlines seven key steps for planning a financially secure retirement, including defining your retirement vision, calculating your needs, maximizing retirement accounts, diversifying investments, planning for healthcare costs, building an emergency fund, and working with a financial adv...

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16% Bias Score

No Poverty
dailymail.co.uk
🌐 75% Global Worthiness
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Rising Borrowing Costs Boost UK Annuity Rates

Higher UK government borrowing costs are boosting annuity rates, offering retirees guaranteed income options like nearly £7,500 annually for a £100,000 investment at age 65, prompting a reconsideration of drawdown strategies.

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56% Bias Score

Reduced Inequality
forbes.com
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Avoiding Costly Mistakes with Inherited IRAs

This article details common mistakes when inheriting an IRA, such as unauthorized contributions and incorrect titling, resulting in immediate taxation of the entire balance. It also explains how to split inherited IRAs tax-free and the importance of naming successor beneficiaries to avoid probate is...

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24% Bias Score

Reduced Inequality