Financial Planning
What if your expenses actually increase after you retire?
It’s a fairly common belief that your monthly expenses will decrease after you retire, but what if they increase? There are a number of reasons that even the Social Security…
Read MoreHow to Help a Millennial with Their Retirement
Each generation faces its own challenges when it comes to saving and providing for retirement. If you’re a Baby Boomer, and at or near your retirement years, you likely had…
Read MoreWhich Millennials are failing to save for retirement?
For a variety of reasons, people have been saying that younger adults (Millennials, specifically) aren’t saving enough for their retirement. Some will say it’s the crushing debt from student loans…
Read MoreShould you visit with a Financial Advisor or Planner?
Smart people know that sometimes they need to seek out expert opinions – because none of us is an expert in everything. As the person in charge of your finances,…
Read MoreHow long will you live in your retirement years?
According to The Center for Retirement Research at Boston College, a person who retired at age 65 in 1970 could expect to live another 13 years during their retirement. They…
Read MoreWhen should I start receiving my Social Security benefits?
The amount you can expect to receive from Social Security varies quite a bit. As we at Texas Financial & Retirement like to point out, Social Security should only account…
Read MoreEveryone is working longer before retirement – particularly women
Men and women are different, in case you weren’t aware. And not just physically – the differences extend into many aspects of life, including retirement. Our gender affects the predicted…
Read MoreCan I live on my Social Security when I retire?
No, you probably cannot. Social Security is not designed to replace your full working wages. It’s intended to cover only approximately 40 percent of the income you earned while working.…
Read MoreWhat Happens To My 401(k) Or 403(b) When My Employer Changes?
When you leave an employer, or your employer is bought or merges with another company – or goes out of business, you typically need to decide what to do with…
Read MoreHow To Choose A Financial Advisor
Effective financial planning is a lifetime effort. Financial advisors work with families to get a grasp on their finances and manage them across all phases of earning and into retirement.…
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