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Texasfinancialandretirement.com news digest
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5 years
Could you retire if you won $2 million in a lottery?
Could you retire, comfortably, if you won a lottery prize of $2,000,000?
Maybe.
Let’s just agree up front that if you won the grand prize in Powerball or Mega Millions, you could definitely retire, if you wanted to do so. That’s not really much of a stretch at all.... -
5 years
What’s a Health Savings Account and how could it help during retirement?
You might want to include a Health Savings Account (HSA) as part of your retirement plan.
An HSA is designed to allow you to make tax exempt contributions to pay for your own health expenses – for now and also for the future. As long as the funds are used to pay for qualified medical expenses, you aren’t taxed on the distributions.... -
5 years
Retiring in 2018 or early 2019? Do these things.
If you’re expecting to retire in the next six months or so, there are some things you might want to think about first.
Create a budget for retirement
Some expenses will increase and others will likely decrease as you move into your retirement years. Have you put together a good budget to incorporate those changes when you retire?... -
5 years
2 big reasons you may not want to retire at 62
Half of all Americans would like to retire at 60, but the most popular age to retire and begin receiving Social Security for American workers is 62. However, that may not be the best idea for many people, even if it seems like it is possible.
There are many reasons why this might be the case, but here are a couple of the biggest ones....
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