Retirement Planning

A Hidden Retirement Risk: The Cost of Avoiding Healthcare and Long-Term Care Planning

Blog, Blogs, Healthcare, Long-Term Care, News, Retirement Planning / Simplicity Wealth Blogs

For many Americans approaching retirement, the focus is often on investment balances, Social Security timing, and creating reliable income streams. And those things are important! But there is a financial retirement risk that can often go underestimated or forgotten that deserves closer attention: healthcare and long-term care costs. As unpleasant as the topic may be, […]

A Hidden Retirement Risk: The Cost of Avoiding Healthcare and Long-Term Care Planning Read More »

The Real Estate Puzzle: Navigating Liquidity, Equity, and Market Volatility in Retirement

Blog, Blogs, Investing, News, Real Estate, Retirement Planning / Simplicity Wealth Blogs

For many Americans, the American Dream concludes with a paid-off home and a sense of financial independence. However, as retirees enter their golden years, a common financial paradox often emerges: being house-rich and cash-poor. While a primary residence might represent a significant portion of a retiree’s net worth, this asset is inherently illiquid, meaning you

The Real Estate Puzzle: Navigating Liquidity, Equity, and Market Volatility in Retirement Read More »

From Gold to Fiat Currency to Your Retirement

Blog, Blogs, History, News, Retirement Income, Retirement Planning / Simplicity Wealth Blogs

For centuries, the concept of money was inextricably linked to something tangible. Whether it was silver coins in ancient Rome or the British pound sterling, the value of currency was anchored to the physical world. Perhaps the most famous of these anchors was the “gold standard,” which defined the world’s economy for generations. But today

From Gold to Fiat Currency to Your Retirement Read More »

Rethinking the Million-Dollar Retirement Benchmark

Blog, Blogs, Financial Planning, News, Retirement Planning / Simplicity Wealth Blogs

If you search for retirement advice online, you’ll often find that $1,000,000 seems to be a recurring target number. But is that a goal you should be saving for, or is it outdated advice? Q: Where did the $1 million retirement benchmark come from? A: Historically, $1 million became the goal when it was popularized

Rethinking the Million-Dollar Retirement Benchmark Read More »

Are Annuity Misconceptions Hurting Your Retirement?

Annuities, Blog, Blogs, News, Retirement Planning / Simplicity Wealth Blogs

When you think about retirement income, Social Security might be the first thing that comes to mind. But many pre-retirees are realizing that Social Security was never designed to replace a full salary. In fact, it typically replaces only about 40% of pre-retirement earnings. To bridge that income gap, many who are considering annuities hesitate

Are Annuity Misconceptions Hurting Your Retirement? Read More »

5 Pillars of a Well-Constructed Retirement Plan

Retirement Planning / Becca Mack

A well-planned retirement is not a single event, but a comprehensive strategy built on several interconnected pillars. As we look ahead for 2026 and the years to follow, it’s more important than ever to ensure your plan is built for stability and flexibility. Beyond simply saving money, a truly successful retirement blueprint addresses five critical

5 Pillars of a Well-Constructed Retirement Plan Read More »

Gratitude, Goals, and the Golden Years: Planning Your Ideal Retirement Lifestyle This Thanksgiving

Lifestyle, Retirement Planning / Becca Mack

Thanksgiving is just around the corner! The trees are filled with vibrant leaves, the air is crisp and fresh, and some of us are planning the big dinner menu. Family and friends will be gathering together to share stories of the year and enjoy delicious food and each other’s company. For those approaching retirement or

Gratitude, Goals, and the Golden Years: Planning Your Ideal Retirement Lifestyle This Thanksgiving Read More »

The Role of a High-Yield Savings Account in Retirement

Investing, Retirement Income, Retirement Planning / Becca Mack

A high-yield savings account has long been a go-to tool for savers looking to earn a little extra interest on cash reserves while keeping funds accessible. But the role it plays can shift dramatically as you move from your working years into retirement. While higher interest rates compared to traditional savings accounts can make it

The Role of a High-Yield Savings Account in Retirement Read More »

How Can I Recession-Proof My Retirement?

Economy, Retirement Income, Retirement Planning / Becca Mack

When people think about retirement, they often imagine years of relaxation and freedom. But for many retirees and pre-retirees, that vision comes with an underlying concern: what happens if the market takes a downturn? Recessions are an unavoidable part of the economic cycle, and while you can’t control when or how severe they are, you

How Can I Recession-Proof My Retirement? Read More »

What Is a Required Minimum Distribution (RMD)?

Retirement Income, Retirement Planning / Becca Mack

If you’ve spent decades building up your retirement savings in tax-deferred accounts, you may have heard the term Required Minimum Distribution (RMD). But what exactly does it mean for you, and why is it so important to plan for it? Let’s break it down. What is an RMD? An RMD is the minimum amount you

What Is a Required Minimum Distribution (RMD)? Read More »