Tags Retirement Income

Tag: Retirement Income

Articles

3 Tax Benefits of Roth IRAs in Retirement

Finishing Well - August 7, 2020 0

What are the 2 different types of IRAs? There are 2 basic types of IRAs. Most people have a traditional IRA. Traditional IRAs are tax-deferred, meaning...

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How do I make sure my spouse will have enough money after I pass?

Finishing Well - July 30, 2020 0

When a spouse dies, one Social Security check goes away Social Security is most retirees’ main income source. When a spouse dies, one Social Security...

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What is the minimum amount of life insurance I should have in retirement?

Finishing Well - July 23, 2020 0

Why do I need whole life insurance in retirement? Whole life insurance is permanent. When young, many people carry term life insurance. Term life insurance...

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Should I leave my IRA to my kids?

Finishing Well - July 16, 2020 0

Why you shouldn’t leave your IRA to your heirs Like we mentioned, the purpose of an IRA is to provide retirement income. When you use...

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What’s the best age to buy long term care insurance?

Finishing Well - July 9, 2020 0

What age should I apply for long term care insurance? According to the American Association for Long-Term Care Insurance, in 2019, 76.4% of new long...

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Does Medicare Cover Home Health Care?

Finishing Well - July 1, 2020 0

What does Medicare cover for home health care? The Centers for Medicare & Medicaid Services lists what Part A and Part B will cover. This...

Articles

Is Social Security going to run out?

Finishing Well - June 23, 2020 0

What the 2020 Social Security Trustees Report Says Every April, the Trustees of the Social Security trust fund put out a report on the current...

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Selling your home in retirement? You might not have to pay taxes on the gain

Finishing Well - June 16, 2020 0

What are Capital Gains? Capital gains are any profit you make when selling any capital asset you own. Most assets, from stocks to your house...

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The Good and the Bad of Revocable Living Trusts

Finishing Well - June 11, 2020 0

What does Revocable Living Trust mean? While there is a lot that goes into a revocable living trust, to understand the basics, we can look...

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5 Categories of Investment Risk and How They Affect your Retirement

Finishing Well - June 5, 2020 0

What do we mean by risk? Investors and savers face risk no matter what, whether they are completely invested in the market or prefer to...

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Tag: Retirement Income

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