The laws governing your NYSLRS retirement benefit can be confusing. Sometimes a small misunderstanding can have a big impact on your finances. So base your financial decisions on retirement facts, not common myths. Retirement Myths vs Facts My NYSLRS pension is like a 401(k)-style retirement savings account and I will get my contributions back when […]
Explore 9 hallmarks of being middle class and what is the one thing anyone of any class can do to advance.
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In some ways managing money in retirement will be easier and in other ways it will be harder. Here are 10 tips for getting it right.
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Monetary retirement investments are critical. Investing in your future health and happiness will pay the important dividends.
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The decade of July 2024, or at least it feels that way, is finally coming to an end. I have a great collection of resources to provide a break from the political news and current events of the day. I start with timeless lessons about risk management, simplifying finances, and finding balance in life. We’ll...
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We’ve written about how divorce may affect your pension. However, as a NYSLRS member, you have other benefits divorce may affect. If your ex-spouse will receive a share of your retirement benefits, domestic relations order (DRO) must be filed with NYSLRS. A DRO is a court order specifying how your pension should be divided as well […]
Here is what you need to know about Social Security and working: taxes, penalties, when to start benefits, and when to stop work.
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Think Olympic glory is only for people who are quite young? Think again! Learn about the athletes who are in their 40s, 50s and 60s.
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Run don't walk toward life after retirement. Research says it will be the best time of your life. Explore 8 tips to get ready to retire now!
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In New York State, retirement benefits are marital property and can be divided when a marriage ends. Your pension could be affected in any of the following ways as a result of a divorce: How Your Pension Can Be Divided in a Divorce The most common method for dividing pension benefits is known as the […]
Better than a "to do" list, discover how a "to-be" list can align your daily actions with your long-term values and aspirations.
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Here are a 18 possible retirement surprises. Make a plan and be prepared. Though the biggest surprise might be that you'll make it work no matter what.
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More than 14 years after passage of the Affordable Care Act (ACA), I still encounter folks who are waiting longer than necessary to retire. Many of them are convinced retirement is out of reach financially until they hit Medicare eligibility at age 65. Given the prohibitive cost of private health insurance, these would-be retirees continue...
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Everyone wants to know how much is enough. Here are 10 ways to find out how much savings or income is needed for happiness.
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Everyone knows they should start saving for retirement as soon as possible. What people know they “should” do and what people actually do is not the same thing. According to AARP, nearly half of American households headed by someone age 55 or older have no retirement savings. What is someone far behind on retirement savings...
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