Simplicity Digital Advisor

One of the major concerns people have when planning their retirement is how to protect their retirement savings from unforeseen medical expenses. Healthcare costs have steadily risen, but adequate planning can help maintain these costs in retirement. This article outlines a few strategies to help shield retirement savings from unexpected healthcare costs.

National Family Literacy Day is celebrated annually on November 1st. It was established to encourage families to partake in financial literacy-related activities together. It underlines the family’s vital role in nurturing their children’s financial literacy skills from childhood through adulthood.

Annuities, insurance products issued by insurance companies, are often recommended by insurance and financial professionals to investors. They are designed to provide a steady income stream in retirement. While there are benefits of annuities, they also have drawbacks that investors should consider.

In recent years, there has been ongoing discussion and debate about potential changes to the Social Security system in the United States. This year is the same as the Social Security Administration, which is considering numerous changes for 2025.

October is recognized as Financial Planning Month, an annual event dedicated to planning for an independent financial future. Whether you’re a novice or knowledgeable in finance, assessing your finances and goals is always beneficial.

Many people are concerned about financial independence as they approach retirement. Whether you’re a decade away from retirement or it’s near, there is no better time to implement these five tips than now.

The Social Security Administration (SSA) is a vital agency in the United States that provides financial support to eligible retirees through Social Security Retirement benefits. This critical aspect of retirement planning is often misunderstood, leading to confusion about benefits calculation. This article explores the main components to how the SSA calculates retirement benefits.

One of the most significant fears many aging Americans face is that Social Security retirement benefits will disappear. With continuous news about potential solvency issues, sustainability concerns, and funding concerns, it’s no surprise that apprehensions are often heightened. This article aims to reduce these anxieties by discussing common questions related to fears about Social Security.

A 401(k) is a retirement savings plan sponsored by an employer that allows workers to save and invest a portion of their paycheck before taxes are taken out. While many individuals may be familiar with the basics of this popular retirement savings vehicle, some lesser-known features and details could significantly impact your long-term savings strategy. Here are some 401(k) facts

Read more

The landscape of retirement savings in the United States is experiencing crucial changes following newly enacted legislative changes for 2024. These updates and reforms seek to enhance the flexibility of retirement savings accounts. They also seek to transform how Americans save and prepare for retirement. Here are some of the more significant changes this year.