The 10 Best Places to Retire in Michigan
Personal Capital » Retirement Planning
by Erin Gobler
1y ago
Most of us spend years financially preparing for retirement but often don’t consider what our lives will look like during our golden years. Have you put much thought into what you’ll do with your free time, or what location will provide the backdrop to your dream retirement? If you’ve done any research into the best states to retire, there’s a good chance Michigan has been on your radar. The state has plenty to offer retirees, and it has a number of retirement-friendly cities that would be the perfect place to spend your retirement years. Is Michigan a Good Place to Retire? It’s easy to see wh ..read more
Visit website
Roth 401(k)
Personal Capital » Retirement Planning
by Paul Layton
1y ago
When your employer offers an employer-sponsored retirement savings plan, you’ll want to understand the general benefits of taking advantage of a retirement plan. Saving for retirement allows you to better plan for your future. The more you can save during your working years, the more control you’ll have over your money when you decide to stop working. But what type of retirement plan works best for you and what does your employer offer? Many companies offer employer-sponsored Roth 401(k) retirement accounts as well as traditional 401(k) plans. In this piece, we’ll walk through the definition o ..read more
Visit website
401k Alternatives: 10 Potential Different Options
Personal Capital » Retirement Planning
by Shannon Lynch, CFP®
1y ago
A 401(k) plan is the most popular workplace retirement plan. Nearly 80% of Americans have access to one, providing millions of workers with a great way to start investing for retirement, especially if your company offers an employer match. Unfortunately, not all workers have access to a 401(k) plan, perhaps because their employer doesn’t offer one, or they’re part-time employees who don’t meet their employer’s requirements to contribute, or they’re self-employed. Additionally, though the majority of employees work for companies that offer 401(k) plans through work, only about half of those peo ..read more
Visit website
11 Best Places to Retire in Colorado in 2023
Personal Capital » Retirement Planning
by Erin Gobler
1y ago
Many people spend years dreaming of what their retirement will look like. In addition to all of the financial planning that goes into it, you’ve probably also dreamed about what you’ll do with your newfound free time. Finally, you may have given some thought to where you’ll live. Sure, southern states like Florida and Texas have long been popular for retirees. But many people are now branching out and looking for other places to spend their golden years, including Colorado. Is Colorado a Good Place to Retire? Colorado has gotten much attention in recent years and has become a popular place to ..read more
Visit website
The 10 Most Important Lessons After Retiring Early 10 Years Ago
Personal Capital » Retirement Planning
by Financial Samurai
1y ago
In February 2012, I decided to negotiate a severance to break free and retire early. By mid-June 2012, right before my 35th birthday, I had received a severance check and the last of my three months of WARN Act pay. These past 10 years have flown by. Although I missed out on likely millions of dollars in compensation, I gained back the most important asset of all: time. For those of you thinking about retiring early, taking a long sabbatical, or doing something completely new, this article is for you. At the end of the day, money is not the end goal. Being able to use money to live the life yo ..read more
Visit website
10 Best Places to Retire in Montana in 2023
Personal Capital » Retirement Planning
by Erin Gobler
1y ago
When planning for retirement, it’s important to consider where you’ll spend your golden years. There are countless places to choose from, each of which has its own advantages and disadvantages. If you’ve considered retiring in Montana, this article is for you. We’re sharing the benefits of retiring in Montana, as well as the top 10 places in Montana to retire. Is Montana a Good Place to Retire? Montana has plenty of characteristics that make it a great place to retire. First, Montana has plenty of financial benefits. Many of its towns have a low cost of living. And while the state’s average ho ..read more
Visit website
Roth TSP vs. Roth IRA: How Do They Compare? 
Personal Capital » Retirement Planning
by Erin Gobler
1y ago
You’ve probably heard before that you should be saving for retirement. But with so many different types of accounts to choose from, it can be overwhelming even to get started. And the decision becomes even more overwhelming when you have multiple types of accounts available to you. In this article, we’re comparing two different types of retirement accounts — the Thrift Savings Plan and the individual retirement account. While the two have some things in common, they have different features, requirements, and benefits. Want a better way to plan for retirement? Millions of U.S. households use P ..read more
Visit website
The 10 Best Places to Retire in Washington State
Personal Capital » Retirement Planning
by Erin Gobler
1y ago
You’ve probably thought about what activities you’ll fill your time with when you retire. Maybe you have a hobby you’ve been wanting to take up or one that you simply haven’t had much time for. Maybe you’ll take up volunteering, spend time with your grandchildren, or simply have more time to relax. While you’ve thought about what you’ll do with your retirement, have you actually thought about where you’ll retire? The state you choose to retire in may be more important than you think. It determines what activities you’ll have access to, the climate you’ll spend your golden years in, and how exp ..read more
Visit website
The 9 Best Places to Retire in Delaware
Personal Capital » Retirement Planning
by Erin Gobler
1y ago
If you’re like many individuals, you’ve probably spent years envisioning what your retirement will look like. You’ll finally have time for all the hobbies you’ve been talking about for years. You won’t have to report to a boss or arrive at the same job day in and day out. While picturing your retirement, you may have also thought about where you’ll spend your golden years. There is certainly no shortage of retirement-friendly cities, many of which you can find in Delaware. Keep reading to learn what makes Delaware a good place to retire and the top 9 cities to retire in Delaware. Is Delaware a ..read more
Visit website
We Want to Move. Now the Question: Where to Next?
Personal Capital » Retirement Planning
by Eric Leider, CFP®, BFA™
1y ago
If you’re feeling ready to relocate, you’re not alone. A new survey from Upwork found that 5 million Americans have already moved because of remote work since 2020, and 19 million are planning to move because of remote work. More than a quarter (28%) of people polled said they’re moving more than four hours away. In this new remote-work environment, many people are in the midst of this transition. Like generations before them, investors in the accumulation phase are still focused on retirement, but also seem increasingly interested in finding their version of an enjoyable lifestyle now. And fo ..read more
Visit website

Follow Personal Capital » Retirement Planning on FeedSpot

Continue with Google
Continue with Apple
OR