Articles
Browse insightful articles by GoodLife Home Loans about solving the common challenges and concerns of retirement
How Much Do I Need to Retire at 62?
Many Americans have the life-long goal of a comfortable retirement, but don’t know how much it costs to retire or how much they should have saved by the time they leave the workforce. We’re committed to helping seniors live The GoodLife in Retirement, so click on a link below to read about these topics related to planning for your future.
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.
Help for Seniors
The vast majority of Americans are not prepared for retirement (not including those forced into retirement), with as many as 78% of people reporting they’re either “somewhat” or “extremely” concerned about having enough money to live out their retirement years in comfort.
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...
Retirement Income Planning and Management Strategies
TABLE OF CONTENTS How much do I need to save? What should my retirement plan look like? How do I plan out my withdrawals? During your...
Find out if a GoodLife Home Loans Reverse Mortgage is Right for You.