5 Factors to Consider 5 Years Before Retirement
The final five years before retirement are a time for strategic planning and calculated moves. As always, retirement planning is a balance of two things: not running out of money and having the freedom to enjoy your life. Use these last five working years to make sure you’re on the path to a happy retirement….
By Nate Tomkiewicz
March 13, 2024
Why your Berkshire Medical Center 403(b) is different | Retirement for healthcare professionals
Retirement planning for nurses and other healthcare professionals Nurses and other healthcare professionals in the Berkshires and across the United States find themselves in a unique retirement situation: the 403(b) offered by their employer can be stewarded by the financial management firm of their choosing while they are still working and paying into it. We…
By Lauren Russo
January 23, 2023
Money In Motion | 5 Critical Moments for Financial Choices & What to Do
Families and individuals have the most to gain – or lose – when money is in motion. Whether you’re building wealth or spending it, one thing is for certain: this is a critical moment for good financial choices. Here are five common situations where you will find that your money is in motion, and what…
By Allen Harris
June 8, 2022
Here’s what retirement looks like
I went Halloween shopping last week, but I didn’t see anything scarier than the chart below (and I bought zombie babies, people). The horizontal numbers on the right measure the drawdown of the S&P 500 year-to-date 2021, as graphically depicted by the yellow line. The horizontal numbers on the left show that nearly 90% of…
By Allen Harris
October 4, 2021
How much does health care cost in retirement?!
Let’s not bury the lead. According to the Fidelity Retiree Health Care Cost Estimate, an average retired couple aged 65 in 2021 may need approximately $300,000 saved (after tax) to cover healthcare expenses in their retirement. Fidelity has been tracking this data for years. I cover how retirees can prepare for this in my still-untitled…
By Allen Harris
July 6, 2021
