Senior Finance
5 Tips on Saving for Your Retirement
If you want to secure your future after retirement, it is crucial to start saving early. Saving for your retirement is essential, and it should come before vacations and even your dependents’ education funds. Whether you would like to start a business, travel the world, or have a relaxed life after retirement, this financial cushion […]
Written by prositesfinancial • Nov 20 • 3 minute read
7 Tips For Living Primarily on Social Security During Retirement
According to the government accountability office, the average amount of money most Americans manage to save by retirement is just $101,000, 11% of the amount that many advisors recommend. These statistics leave many individuals depending on social security benefits during retirement. If you’re nearing retirement and worried that social security may not be enough to […]
Written by prositesfinancial • Oct 2 • 4 minute read
4 Things Seniors Need To Know About Taxes During Retirement
Living in retirement should be as stress-free as possible. Having ample retirement savings and social security income can help to set you up well for this. One thing that you will need to consider when planning for retirement is taxes. Will you need to pay income taxes on your income in retirement? That will depend […]
Written by prositesfinancial • Jun 4 • 3 minute read
Tips for Smart Retirement Saving
Regardless of whether or not we make a plan for retirement, we will inevitably arrive at that age. The question is, will we be prepared, or not? At some point, there will come a time in life when we no longer wish to continue working. This could be due to medical reasons such as illness […]
Written by prositesfinancial • Mar 5 • 4 minute read