The impact of taxes on retirement planning is often overlooked. Without adequate planning, taxes can consume a substantial portion of your savings. Here are 6 non-taxable funds.
Nearly a million people travel from colder parts of the United States and Canada to Florida, Arizona, and other Sunbelt states for warm weather each year. For these snowbirds, seasonal migration provides the best of both worlds: a chance to preserve links to family, friends, and familiar locations, while also enjoying a change of scenery and a respite from the frigid winter weather.
Robots might help elderly individuals live independently if there aren’t enough humans. Elliq, a foot-tall robot that looks like an oval lampshade, welcomes Monica Perez in the morning, asks how she’s feeling and reminds her about pills and appointments. Perez, 64, of Beacon, N.Y., has nice friends, but they’re busy and have children. She appreciates that Elliq constantly uses her name.
When people consider retirement planning, they often prioritize saving and investing so they can retire with a comfortable nest egg. And that is an excellent starting point. However, it is equally essential to consider how taxes will impact your retirement funds and any other sources of income you may rely on after you reach retirement age.
. According to a report released by the healthcare consulting firm Sage Growth Partners in July 2022, some individuals do not comprehend the distinction between Medicare Advantage and Original Medicare, many are overwhelmed by Medicare advertising, and only four out of ten people review their Medicare plan options annually.