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Retirement Planning Refresher: What Retirees Need to Know About SECURE Act 2.0
The SECURE Act 2.0, signed into law in late 2022, brought significant changes to retirement savings and planning—namely, the rules around how retirement accounts work and can be used. As a retiree or someone approaching retirement, understanding these changes is crucial for optimizing your financial strategy. Let's explore some key aspects that may directly impact you. Required Minimum Distributions (RMDs) [...]
The Importance of Hydration in Retirement
Hydration is a crucial aspect of maintaining overall health and well-being. Adequate hydration goes beyond quenching our thirst; it has a profound impact on various aspects of our health. First and foremost, hydration is essential for optimal brain function. The brain relies heavily on proper hydration to function efficiently. Dehydration can lead to fatigue, poor concentration, and impaired cognitive abilities. [...]
Back to the Basics of Retirement Accounts
Retirement accounts are a cornerstone of today’s retirement strategies. While everyone might recognize the terms “IRA” or “401(k),” it’s important to familiarize yourself with how they work so you can understand how they may play a role in your own retirement strategy and timeline. Once you approach retirement, there are so many ways you can use these types of accounts, [...]
Give Abstract Painting a Try!
Abstract painting stands as a testament to the boundless creativity of the human mind, a genre that discards the shackles of representational accuracy in favor of emotional expression and aesthetic exploration. For the uninitiated, diving into the world of abstract art can be an exhilarating adventure, especially when attempting to emulate the styles of great masters like Mondrian, Klee, Miro, [...]
7 Ways to Celebrate Financial Planning Month
October is recognized as Financial Planning Month, an annual event dedicated to planning for an independent financial future. Whether you're a novice or knowledgeable in finance, assessing your finances and goals is always beneficial. This yearly event provides the perfect opportunity to reflect on spending habits, saving, investment strategies, and overall financial health. It allows us to rethink our financial [...]
5 Unusual Hobbies to Get Excited About
In a world where hobbies serve as an extension of one’s personality and interests, there are certain activities that capture the imagination with their uniqueness and the depth of skill they require. Beyond the realm of common pastimes like reading, gardening, or painting lie pursuits that are not only unconventional but also deeply rooted in history, creativity, and physical discipline. [...]
Navigating Market Volatility: What Retirees Should Know About August’s “Japanese Carry Trade”
In August of 2024, the financial world was abuzz with discussions about the Japanese carry trade and its impact on global markets. For retirees and those nearing retirement, understanding these developments may help you understand why markets are moving, but it's equally important to maintain a focus on long-term financial security rather than reacting to short-term market fluctuations. Regardless, the [...]
Embracing a Nourishing Lifestyle: 4 Meals for a Healthy Retirement
Retirement marks a period of transformation that includes not just adjustments to one's daily schedule but also shifts in dietary needs and preferences. As we age, maintaining a balanced and nutritious diet becomes paramount to support overall health, energy levels, and quality of life. From the simplicity and heart-healthy benefits of a One-Pan Salmon and Veggies to the comforting warmth [...]
