Countdown To Retirement (Apr 24, 2019)

Retirement marks the climax of your career and the beginning of a new life episode. Whatever your age, it should be a focal point of your financial planning. Making prudent wealth decisions over time helps to establish a solid foundation for your retirement. However, once the countdown to retirement begins, some 5-10 years out from your intended retirement date, it’s time to stop, take stock, and confirm that you’re financially and emotionally ready for your future. Here’s what you need to consider financially during the countdown to retirement.

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A Simple Way To Estimate How Much You Need For Retirement (Mar 1, 2019)

Without  a doubt, the most common question SageVest Wealth Management advisors hear is “How much do I need to retire?”

In reality, there’s no universal answer. Retirement dreams are different for everyone, and they change as life constantly evolves. However, there is a universal objective to be financially comfortable. The amount of income you need today can offer insights into what you’ll need to replicate tomorrow. If you haven’t already explored retirement planning, we offer a quick and easy chart as an initial gauge of your preparedness.

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SageVest Wealth Management Launches Retirement Resources Center (Feb 26, 2019)

Everyone’s vison of an ideal retirement differs in the details, but common goals include a comfortable standard of living, good health, and meaningful experiences with family and friends, travel, and more. SageVest Wealth Management is proud to launch our Retirement Resources Center, a one-stop shop in support of your retirement objectives – whatever they may be! Whether you’re just starting to save, nearing retirement, or already a retiree, our Retirement Resources Center provides a wealth of information.

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How Long You’ll Live In Retirement (Feb 14, 2019)

If you shake your head and laugh at the thought of living to 100 or older, it’s time to reconsider how long you’ll live in retirement. According to the Social Security Administration, almost a quarter of all 65-year old Americans will go on to live beyond 90, and 10% will live beyond 95 [1].

People are living longer – and that costs money. If you don’t plan ahead financially, living longer may also mean living leaner. Here’s what to think about when considering how long you’ll live in retirement.

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SageVest Wealth Management Menu Of Services (Jan 15, 2019)

Reviewing your finances regularly helps to ensure that all your money decisions remain aligned, both with each other and with your broader life and wealth goals. If you have finance-related questions, SageVest Wealth Management is a valuable resource. Our menu of services is extensive and we can help with a wide range of wealth considerations for you and your loved ones. 

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Age 66 – Full Retirement Age For Social Security (Jan 3, 2019)

You can claim Social Security retirement benefits as early as age 62. Many Americans do so, especially women [1]. However, claiming early means that your monthly benefit checks and, potentially, your overall lifetime payout amount, will be lower than if you wait until full retirement age for Social Security. Full Retirement Age is the age at which you become eligible to receive non-reduced benefits and, if you’re still working, are no longer subject to the earnings limit. In short, Full Retirement Age means full Social Security. 

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Age 65 – Medicare Enrollment (Jan 2, 2019)

If you’re approaching age 65, now’s the time to consider your Medicare enrollment. Medicare is the Federal health insurance program for those aged 65 and older (plus other eligible adults). With healthcare costs listed as one of the top three financial worries for most Americans [1], familiarizing yourself with the Medicare program can help maximize your entitlements. SageVest Wealth Management outlines the basics of Medicare enrollment at age 65.

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Age 62 – Early Social Security Retirement Benefits (Jan 1, 2019)

Age 62 is the earliest age at which you can start receiving Social Security retirement benefits. It’s also the most popular age to claim benefits [1], especially for women. Deciding whether to claim now or wait until Full Retirement Age is an important decision. Claiming early Social Security retirement benefits can make sense for some people. However, it permanently reduces your monthly payment amounts and can impact total lifetime benefits. Here’s what to consider before claiming early Social Security retirement benefits at age 62. 

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