June 2022
Should You Retire at the Same Time As Your Spouse?
Submitted by Warren Gallagher, CFP® on June 7th, 2022If you and your spouse are making plans to retire, you’re probably wondering whether it’s a good idea to retire at the same time. Many couples go through the same thought process and, in fact, one in four couples quit their jobs within a year of each other.
How do I Start Planning for Retirement?
Submitted by Warren Gallagher, CFP® on June 7th, 2022If you’ve just begun your career and started collecting a decent paycheck, retirement probably feels like it’s lightyears away. But it will get here quicker than you expect, and when it does, you’ll want to be prepared.
Inflation math for today's Retiree
Submitted by Warren Gallagher, CFP® on June 7th, 2022You may have heard the saying, “inflation hurts savers and benefits borrowers.”
The expression suggests that borrowers benefit from inflation because they pay back lenders with dollars worth less than when the money was initially borrowed. But for savers, your hard-earned dollars may lose buying power over time.