by SilverandSmart | Mar 25, 2025 | Retirement Planning
Knowing when to take Social Security is a high-stakes question for retirees. On the one hand, retirees are often advised to wait as long as possible to maximize their monthly payments. On the other hand, waiting to claim Social Security benefits doesn’t make sense for...
by SilverandSmart | Mar 21, 2025 | Retirement Planning
How can retirees avoid running out of money? The 3% rule is a common guideline, but in years of extreme inflation or poor investment returns, this rule of thumb might not make much sense. Here’s a look at retirement money management strategies that go beyond the 3%...
by SilverandSmart | Jan 21, 2025 | Family, Retirement Planning
No matter whether you’re helping parents or planning for yourself, navigating long-term care decisions is often challenging. Let’s take a look at some key considerations to ensure you make the right choices for your needs. What Is Long-Term Care? Long-term care may...
by SilverandSmart | Oct 24, 2024 | Retirement Planning
Although 401(k) plans are almost synonymous with saving for retirement, they are far from your only option. This is good news for people who don’t have access to traditional employer-sponsored plans (including those who are self-employed) as well as for anyone who...
by SilverandSmart | Oct 15, 2024 | Retirement Planning
Ideally, you should start planning for your retirement as soon as you begin earning. However, retirement feels a long way off when you’re in your 20s, which leads many people to put off saving until later. Before you know it, though, you’re just a couple decades — or...
by SilverandSmart | Sep 28, 2024 | Retirement Planning
While many people dream of an early retirement, people who are actually facing their retirement sometimes wish for the opposite – a return to work. According to Pew Research Center, the size of the older workforce has nearly quadrupled since the mid-1980s....
