If you're over 60 and your retirement plan is in solid shape, not every financial decision needs to maximize investment returns. Sometimes the best "returns" come from peace of mind and a bit more joy. This article highlights four moves worth considering: 1. Tackle big expenses while still working That new roof or car replacement? Do it now so you won't have to pull from your portfolio in early retirement. 2. Pay down your mortgage The math might not always favor it, but I've never met anyone who regretted entering retirement debt-free. 3. Build liquid reserves in a taxable account Less tax-efficient than retirement accounts? Yes. But the flexibility is worth its weight in gold. 4. Splurge a little now Take that big trip. Invest in experiences you've been putting off. You're still earning income and healthy enough to enjoy it—timing matters. Here's what is worth noting: If your numbers are good, it's okay to shift some focus from pure optimization to actually living the life you've been planning for.
Did you know financial wellness can affect your physical health too? Studies have tied financial confidence to a lower risk of stress-related cardiovascular issues. Reach out for a financial health check-up.
How will the One Big Beautiful Bill Act impact your finances? RBC Economics reveals the "barbell effect" that won't be felt evenly across the population.
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Over 60? These 4 Financial Moves Might Offer Your Best ‘Return’ on Investment
If you're over 60 and your retirement plan is in solid shape, not every financial decision needs to maximize investment returns. Sometimes the best "returns" come from peace of mind and a bit more joy. This article highlights four moves worth considering: 1. Tackle big expenses while still working That new roof or car replacement? Do it now so you won't have to pull from your portfolio in early retirement. 2. Pay down your mortgage The math might not always favor it, but I've never met anyone who regretted entering retirement debt-free. 3. Build liquid reserves in a taxable account Less tax-efficient than retirement accounts? Yes. But the flexibility is worth its weight in gold. 4. Splurge a little now Take that big trip. Invest in experiences you've been putting off. You're still earning income and healthy enough to enjoy it—timing matters. Here's what is worth noting: If your numbers are good, it's okay to shift some focus from pure optimization to actually living the life you've been planning for.
Read MoreDid you know financial wellness can affect your physical health too? Studies have tied financial confidence to a lower risk of stress-related cardiovascular issues. Reach out for a financial health check-up.
How will the One Big Beautiful Bill Act (OBBBA) impact Americans this year? We’re anticipating a distinct “barbell” effect that won’t be felt evenly across the population. RBC Economics’ Michael… | RBC Economics
How will the One Big Beautiful Bill Act impact your finances? RBC Economics reveals the "barbell effect" that won't be felt evenly across the population.
Read More