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What Retirees Should Know About Tariffs
As a new administration weighs its stance on tariffs, it’s worth considering how these policies may affect retirees and their financial plans. Tariffs, often described as taxes on imported goods, are actually taxes imposed on U.S. companies importing foreign products. These taxes can ripple through the economy, impacting consumer prices, including essentials that retirees rely on, such as groceries, healthcare, [...]
Eight Woodworking Projects to Start Today
Woodworking is an incredibly rewarding hobby, especially for retirees who have more free time to invest in creating practical, beautiful pieces. Not only does it offer a creative outlet, but it also provides a sense of accomplishment and can lead to useful items for the home or as gifts. Here are some woodworking projects that retirees might consider to enhance [...]
The Pros and Cons of Life Insurance: An Overview
Life insurance can be a great piece of financial support for your family, but, in some cases, also for your immediate financial needs. Life insurance has been around for centuries, providing peace of mind and financial security to millions of families worldwide. However, like any financial decision, purchasing life insurance comes with its own set of advantages and disadvantages. In [...]
Outsmart Your Grandkids at Indoor Pickleball
As a grandparent, there's nothing more fulfilling than a playful competition with your grandkids. You may find that they're faster and more agile than you, but that doesn't always mean they're going to win! If pickleball is your game of choice, here's how you can beat them at their own game by working smarter, not harder. Dinking: The Art of [...]
Recent Tax Changes Boost 529 Plan Benefits
529 plans, the popular tax-advantaged savings accounts for education expenses, have become even more attractive in recent years thanks to a series of federal tax law changes. These modifications have expanded the versatility of 529 plans, making them a more powerful tool for families planning for educational expenses. What is the 529 Plan? A 529 plan is a tax-advantaged investment [...]
Amazing Winter Road Trip Destinations in Retirement
As winter approaches, the allure of a scenic road trip becomes even more enticing. Here's a selection of six incredible winter road trip destinations that offer unique landscapes, rich culture, and unforgettable experiences. First on the list is the Lakes to Locks Passage in New York. This 200-mile trail from Albany to the Canadian border offers travelers a unique blend [...]
How Spending and Budgets in Retirement Change Over Time
Retirement is often viewed as a static phase of life, but the reality is far more dynamic. As retirees progress through their golden years, their spending habits and budgetary needs evolve significantly. Understanding these changes is crucial for effective retirement planning and ensuring financial stability throughout this important life stage. The Early Years The initial years of retirement are often [...]
3 Ways to Make Delicious Coffee
Coffee enthusiasts know that brewing a perfect cup of coffee is an art form. With a plethora of brewing techniques available, three popular methods stand out for their ability to extract unique flavors and aromas: pour-over, French press, and espresso. Let's explore these techniques and discover how you can master them in the comfort of your own home. Pour-Over: [...]