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The average millionaire has three or more sources of income. You probably aren’t surprised to learn that working a single job for several decades often does not result in this kind of wealth. Most of those who are successful in accumulating a sizable nest egg have spent years leveraging their…
Once you retire and claim your Social Security benefits, you expect to receive every penny due to you. Usually things go off without a hitch, but sometimes retirees find themselves surprised by a reduction in their benefits. As you continue to plan for retirement, keep these things in mind so…
You will often hear that retirement planning should begin when your career does, and then continue consistently throughout your working years. But even with steady, determined saving, you should remember these eight important milestones and learn what to do at each of them. Age 50. When you turn age 50,…
In the event of a financial emergency, or even just a looming necessity such as a child’s college tuition bill, you might feel tempted to take an early distribution from your retirement plan. And now, withdrawing money from your retirement account is even easier than ever. The CARES Act passed…
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