general work issues

Can't afford to retire?  Why "working longer" isn't good retirement advice.

Can’t afford to retire? Why “working longer” isn’t good retirement advice.

Financial planners generally advise you to work as long as you can, so you can increase your retirement savings while waiting for a larger Social Security check. But such advice assumes you have the luxury of deciding when to stop working. Tens of millions of Americans do not. Here’s the truth: retiring early, even at …

Can’t afford to retire? Why “working longer” isn’t good retirement advice. Read More »

Forget the $22,500 limit, some workers can boost their tax-deferred retirement savings to $265,000 in 2023

Forget the $22,500 limit, some workers can boost their tax-deferred retirement savings to $265,000 in 2023

If you’re serious about increasing your retirement savings and minimizing income taxes, the best thing to do is get a late-career professional in private practice. As you earn a lot of money and approach retirement age, you have savings options that go well beyond the levels of the typical workplace 401(k) plan. But you can …

Forget the $22,500 limit, some workers can boost their tax-deferred retirement savings to $265,000 in 2023 Read More »