Articles
Browse insightful articles by GoodLife Home Loans about solving the common challenges and concerns of retirement
Is Retirement Income Taxable? 5 Taxes on Retirement Income Explained
Although you may no longer earn a traditional paycheck during retirement, you’re more than likely subject to income tax on the money that does come through the door. Failing to budget for state and federal retirement income taxes can cause headaches and stress, so it’s important that retirees learn about their financial obligations prior to owing penalties and late fees.
A Complete Guide to Reverse Mortgage Estate Planning
TABLE OF CONTENTS How do reverse mortgages affect estate planning? What is the purpose of estate planning? What does estate planning...
What’s the Average Monthly Retirement Income in 2021?
Understanding Monthly Retirement Income Needs As you prepare for retirement, you may wonder if your savings are on track to maintain your...
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