Over the last 30 years, the divorce rate for couples over 50 has doubled, according to the Pew Research Center. There are many theories about the primary causes of this trend, including empty nest syndrome, boredom, and growing apart. No matter the reason, deciding to divorce later in life can have significant implications on your retirement plan, specifically your Social Security benefits.

This is a common question when you’re ready to plan your retirement income. Many people want to start Social Security payments as soon as they’re eligible at age 62, but did you know that if you wait, your benefits could potentially increase 8% annually?

Watch the video “5 Tax Traps in Retirement Income Planning” to learn expert strategies on taxation. Get practical tips from Savant Wealth Management.

Social Security’s rules for collecting benefits are complicated. Benefits for widows are calculated differently than traditional retirement benefits, so you need to be aware of a few key rules and strategies.

Watch the video “When Can You Afford to Stop Working?” to learn expert strategies on retirement. Get practical tips from Savant Wealth Management.

One of the many complex decisions you’ll face as you approach retirement is when to claim Social Security benefits. This decision can have a significant impact on your financial well-being in retirement.

Retirement planning in Hilton Head, SC involves more than choosing a date. Learn how coastal lifestyle, income, healthcare, and legacy goals may shape your plan.

Relocating to Hilton Head in retirement may involve more than a change of address. Explore tax, income, and financial planning considerations.

Now is the perfect time to revive your resolutions and financial goals. It’s never too late to refocus, regardless of the time of year. Don’t be hard on yourself if you haven’t made as much progress as you expected. Remember, you did your best and now you’re ready to get back on track!

Few things turn a retirement plan upside down more than a divorce. You may be worried you will have to abandon your retirement plan if your 401K is divided in a divorce, and you very well may be right.

As a retirement coach, I’ve seen firsthand how a lack of financial confidence can steal the very independence we celebrate on July 4th.

A happy retirement is about more than money, it’s built on confidence, purpose, relationships, and thoughtful planning.