Tag Archives taxes

5 Considerations When Retirement Planning for 2

Here’s a novel way to celebrate Valentine's Day: Pull up two chairs at your kitchen table, pop a bottle of Champagne and start talking about retirement. What could be more romantic than planning for your future together? Here are five considerations that should be part of that conversation. 1. Your goals You’re saving for a shared retirement, so it only ...

Retirement Expenses that are Often Overlooked

A general rule of thumb says that you will need approximately 70-80 percent of your pre-retirement salary to live in retirement. This line of thinking is based on the assumption that retirees will have fewer expenses and, therefore, will need less money. Once you retire, you will no longer be paying FICA taxes and contributing ...