Retirement is an exciting and rewarding milestone in life. But it can also be a daunting transition. Many retirees face financial, mental, and physical challenges that they never expected. That’s why DuPont Wealth Solutions wants to help you make the most of your retirement years by telling you how to prepare for it in a healthy way.
Category Archives: Retirement
4 Things To Do With Old 401(k)s
As you move on to new opportunities, it’s important to not forget about your old 401(k) or 403(b). These accounts are likely a big part of your retirement savings! So, it’s important to know your options when it comes to what you can do with these accounts.
How To Start a Business During Retirement
Many retirees are finding that starting a business is the perfect way to stay active and engaged after leaving their full-time job. Staying afloat and being financially secure during retirement is a must for us to survive in this world. A perfect way to keep the money coming in your mature days is to start a business!
How Living Longer Will Impact Your Retirement
Biotechnology has come an extraordinarily long way since the days when antibiotics and chemotherapy were first used. As we enter this science-fiction-like age, the question becomes – “how do I financially plan to live a longer life?”.
The Risks of Bonds
You may believe your money is safe, and that you’re guaranteed to make money from your investment. While bonds are generally safer than stocks, they are by no means risk-free. In fact, bond investments are a lot riskier than you may have been led to believe.
5 Steps for Aspiring Senior House Flippers
If you’ve ever been curious about house flipping, retirement might be the perfect time to give it a try!
4 Red Flags to Watch Out for in Your Annuity Provider
A new Ohio law attempts to impose ‘best interest’ fiduciary standards onto life insurance and annuity providers. However, these standards are extremely vague and still leave from for abuse to consumers. Many annuity providers and so-called financial advisors plant their product as a solution to a variety of problems, when in reality another product is likely more useful. Below are 4 cautionary tales from clients that have come to us for help in the past. If any of these situations have happened to you or a loved one, or are currently happening, we encourage you to seek out additional financial tools and professionals.
Will Social Security Still Be Available When You Retire?
As the baby-boom generation phases into retirement, the future of social security is uncertain. There are a few strategies the government may use to close the gap in income, and you need to be prepared for each possibility.
How COVID-19 Has Impacted Retirement Confidence
Americans are feeling a distinct lack of confidence, particularly when it comes to retirement. Whether employed or unemployed, the survey found that 23% of workers are no longer certain they can retire comfortably following the coronavirus pandemic.
5 Things You Need to Know About The Secure Act
The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE) became effective Jan. 1, 2020, and many people have questions about it.
Here are the top 5 things consumers should know.