Managing Debt in Retirement: Strategies for Financial Freedom

One such account is an IRA, which anyone with earned income (i.e., a paycheck) can open. The annual limits for traditional and Roth IRAs are 8% higher in 2023, rising to $6,500 from $6,000. Note that catch-up contributions for investors who are age 50 or older remain unchanged at $1,000. It’s important to remember people aren’t always realistic about when retirement happens.

Money management

Retirement planning

The longer you wait to start, the farther behind you will be. Many older people can’t wait for the day when they finally call it quits on their careers and retire. Still, constantly worrying about finances … Read More