If you split your time between a high-tax state and a low-tax state, one common question is, “Can I change my residency to save money on taxes?” The answer is – it depends.

An increasing number of individuals decide to stay active in the workforce during retirement. While they may depart from their longstanding roles or careers, they don’t completely disengage. Instead, they seek out fresh opportunities, potentially finding greater fulfillment along the way.

Making financial preparations for retirement can seem overwhelming, especially with the amount of information available to help you with this task. It can be difficult to figure out whose advice you should follow and what strategies would best align with your financial goals.

Having meticulously planned and saved throughout your life, you’ve reached the moment of retirement! The excitement is palpable, but there might be lingering concerns about ensuring your assets cover all your needs.

What happens to your retirement accounts when you die? It can be easy to overlook this simple question. But it might be one of the most important decisions you need to make.

How much do you need to save for retirement? It’s not an easy question to answer because the inputs to the retirement success equation depend on an individual’s current and future situation.

After a long and fulfilling career, it’s not always easy to determine the best way to transition to retirement. Should you stop work completely, or continue to work or volunteer part-time? See how Bill reached a decision that worked for him.

Once the kids are out of the house, many empty nesters are faced with too much free time. When considering what to do, one popular option for retirees is travel.

As their retirement approaches, most people tend to focus heavily on the financial element of their planning. But the financial capacity to retire is merely one area of several critical elements involved in effective retirement planning.

One way to help ensure you’re getting holistic feedback on your retirement plans is to form your own retirement “dream team” — a sort of personal board of directors to assist you as you transition away from work.

When you write your eulogy, you get a clear picture of how you think about yourself. These insights can help you gain perspective into what the rest of your life could look like. Consider it the first draft of your retirement plan.

Anne Mank, Savant’s director of financial planning, and Joe Marmorato, private client group planner, explore the potential implications of SECURE 2.0 on your retirement planning and financial security.