Welcome to The Catalyst - a blog for smart, busy people seeking to accelerate their financial freedom and to live their best life.
The SECURE Act became effective January 1, 2020 and is the biggest change to retirement planning since the Pension Protection Act of 2006. Find out what changes may affect you.
The traditional approach to taxes and retirement doesn't always make sense in the new millennium. Strategic planning can save you on taxes and Medicare premiums during retirement, as well as extend the life of your portfolio.
It’s time to enroll in employee benefits again. There are two benefits I’d like you to pay special attention to this year: the Health Savings Account and Long-Term Disability Insurance. Learn why the health savings account may be a good vehicle to save for retirement and how to evaluate your long-term disability insurance.
For 2018, the maximum social security benefit is $3,698 per month or $44,376 per year. In contrast, the average benefit currently paid out is only $1,362 per month or $16,344 per year. The three most important factors that determine a worker’s social security benefit in retirement are their earnings history, the numbers of years they worked, and the age at which they choose to begin benefits.
