How healthy a retirement do you think you will have? If you can stay active as a senior and curb or avoid certain habits, you could potentially reduce one type of retirement expense.
Each year, Fidelity Investments presents an analysis of retiree health care costs. In 2019, Fidelity projected that the average 65-year-old couple would spend around $285,000 on health care during retirement, including about $11,000 in the first year. Both projections took Medicare benefits into...Read more
In a recent study, 35% of married couples described money issues as their primary source of stress. While there are many potential causes of such financial stress, in some cases the root may begin with habits formed early in the marriage.1
Fortunately, couples may be able to head off many of the problems money can cause in a marriage.
10 Tips for Newly Married Couples
Communication. Couples should consider talking about their financial goals, memories, and habits...Read more
There are a number of reasons why someone might want to change 529 plans. Perhaps your plan has been under-performing, or you maybe you moved and your new state offers a tax deduction for contributions. In the rare event that a state closes a plan, such as Tennessee's prepaid tuition program, account owners have the option to rollover their account value into a 529 college savings plan without penalty.
But before you make any changes to your plan, ask yourself these five