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Most people underestimate the likelihood of needing long-term care. The reality is, a significant portion of the population will require assistance with daily activities as they age. This can be a huge financial burden, but there are steps you can take to plan ahead.

Preparing for retirement during your career as a university professional can be both exciting and daunting. While there is much to look forward to as you approach this major milestone, it’s easy to make some critical planning mistakes.

A complex financial life leaves more room to miss key things, may needlessly enhance tax liability, and potentially leaves fewer assets behind for heirs. For those edging closer to retirement, the biggest questions are: How do I begin to simplify my financial life? What does simplification even look like? 

During the transition from university employment to retirement, you leave the benefits “umbrella” that university employment provides. Learn how to replace four important benefits you will lose when you retire from the university.

Navigating significant life transitions is among the most difficult scenarios people face. From a financial planning perspective, these life events can have an impact on retirement income planning, taxes, investments, and estate planning.

With so many people offering financial advice, how can you know who to trust? Here’s a six-step checklist to help evaluate a financial planner.
Gain insight into whether your planner’s priorities mirror your own.

In our experience working with the university community, we’ve noticed six retirement-related mistakes that higher-education professionals often make. It’s best to address these mistakes now, rather than after you leave the university’s safety net of salary and valuable benefits.

Medicare is a federal health insurance program that provides coverage to millions of Americans. Understanding the basics of Medicare is essential for anyone who wants to make informed decisions about their healthcare coverage. Here are six things you need to know.

Will 2023 be the year you retire? If so, it’s time to understand how much you need to maintain your desired lifestyle, how to budget successfully, improve your cash flow, if needed, and be able to handle additional expenses as they arise.  

As university professionals approach retirement, they leave behind the sheltered environment of a university setting and enter a world that resembles self-employment. They will have to pay themselves regular salaries, find health and life insurance coverage, and take full responsibility for their financial security for the rest of their lives. This report provides guidance on preparing for this transition.

In today’s fast-paced and highly competitive world, it’s easy to get caught up in the idea that your job should be your top priority. Your work is important, but it shouldn’t consume your entire life. Establishing clear boundaries is essential to maintain a healthy work-life balance. After all, a fulfilling life outside of work is just as crucial as a successful career.

We have found much of the uncertainty of retirement falls into one of three categories: financial, family, and emotional. With these tips, we believe you will be better prepared to success fully adjust to the post-career phase.