Retirement

Despite over ten months of pandemic in 2020, Northern Nevada is in an enormous period of growth. The Economic Development Authority of Western Nevada (EDAWN) has continued to work with quality companies attracted to the region for the tax benefits, work-life balance, welcoming community, and more. Thirty companies in total have relocated or expanded their…

What will the New Year mean for Reno’s market? With a real estate boom in 2018, particularly here in Reno, 2019 could bring a bit of a turn. Various year-beginning circumstances, such as the government shutdown, could have an impact on this year’s market. However, experts aren’t anticipating any drastic turns for the worse. Doug…

Today’s college graduates are projected to retire 13 years later than today’s retirees. Certified Financial Planner Carina Diamond of SS&G Wealth Management suggests a three-pronged approach to younger clients: Cut debt, invest more and make sure you have an emergency fund. Why is this happening? Yes college grads get that expensive piece of paper that…

Don’t wait until the last minute, this is what you need to know about buying a home for retirement. The baby boomers are at the point of retirement, some choose to travel and live a life of leisure, others are excited to relocated and downsize or find a house that is perfect for their new chapter of…

How much savings will allow you to retire in comfort? Retirement desires differ per individual. Do you want to golf every day? Travel the world? Shack up on Lake Tahoe? “People who have a retirement savings goal – even if that goal is a product of back-of-the-envelope-calculations – are vastly more likely to retire comfortably than…

Retiring can be exciting and nerve-wracking… keep it happy! You have waited for retirement for so many years, but sometimes it is not the easiest transition for everyone. There are so many variables and moving parts, even if it’s just adjusting to life with more free time, that making sure you remain happy can seem…

After retirement it is important to make your retirement funds last. There is a new type of annuity called a Quality Longevity Annuity Contract, or QLAC (pronounced “cue-lack”). This type of annuity allows you to put away money now and save the payments for retirement. If you invest your money in a longevity annuity that…

Supporting parents as well as children can be a monetary strain, but it doesn’t mean you can’t retire on time. The “sandwich generation” are adults that are supporting adult (possibly college-age) children as well as aging (possibly sick) parents, and make up about 15 percent of middle-aged adults. This generation is in for some tough…