An employer-sponsored 401(k) plan can be one of the most useful tools at your disposal for saving for retirement. The combination of employee contributions, employer matching and tax-deferred growth can help you generate a significant nest egg, especially when the growth is compounded over a long period of time.
A key goal in any retirement plan is to minimize expenses so your assets last as long as possible. There are a number of cost-cutting measures you can take in retirement, such as downsizing to a smaller home or reducing your amount of discretionary spending on things like dining out and shopping.
People are living longer than ever, thanks largely to advances in medicine, health care technology, and nutrition. According to the Centers for Disease Control and Prevention, the number of people in the United States who are age 100 or older is at a record high.1 Pew Research Center found that the number of centenarians globally will grow eightfold by 2050.2
It’s that time of year again. April will be here before you know it. While April usually brings nicer weather, it also brings April 15, the standard deadline for filing your taxes. If you’re like many Americans, the task of filing your return could cause you to feel stress and anxiety, especially if you have a complicated financial picture.
Carstens Financial Group focuses on providing comprehensive asset management, estate planning and life insurance solutions. Allow us to help you secure your financial future.