East Tennessee is known for its spectacular rolling hills, the Great Smoky Mountains, bluegrass and country music, and barbecue hot off the smoker. Retirement in Tennessee has so many benefits including quality of life, housing affordability, and budget-friendly retirement perks. Quality of Life At just under 2.5 million residents, East Tennessee provides a good balance
The 60/40 portfolio, a mix of 60% stocks or equities and 40% bonds or other fixed-income offerings, has been popular throughout the past several decades. It was developed in the 1960s and grew in popularity much in part due to more stabilized annual returns than only investing into equities. However after a series of bear
As you’ve been building towards retirement, you have made many financial decisions. Some good, and perhaps some bad. You may have maxed out your credit card on clothes in your early 20s or chose the wrong payment plan for your car loan or home mortgage. Regardless, you’ve navigated many financial obstacles and gained wisdom that
As you plan for retirement, it’s important to consider tax optimization strategies to minimize your tax liabilities. Here are three key ways to optimize taxes in retirement. Consider the Tax Structure of Your State and Locality Where will you live? Consider living in a tax-friendly state like Tennessee. [1] Many states offer tax breaks for
When you think about your school years, whether your high school, college, or post-grad days, you’ll revisit memorable moments from when you had your whole life ahead of you. Schooling is all about providing students with the tools they need to achieve their future potential. When it comes to retirement planning, the same is true!
For most of your life, you’ve probably had a daily routine – from tying your tie to greeting your coworkers to loosening that tie when you get home. When thinking about retirement, not only does your daily routine change but your financial routine does too. In your working years, you made sure to have a
In a world filled with uncertainty, planning for your financial future is paramount. The decisions you make today can have a profound impact on your wealth accumulation and security in the years to come. But where do you start? How can you ensure that your finances are on the right track for the long
Retirement is a chapter of life we all look forward to – a time to relax, enjoy hobbies, and spend quality moments with loved ones. However, lurking in the shadows are healthcare costs that can cast a dark cloud over your golden years. So, how do you secure your health and finances simultaneously? In this
Have you ever yearned to escape the chaotic pace of a big city and savor a retirement filled with tranquility and natural beauty? If so, you’re not alone. Knoxville is quickly emerging as a sought-after destination for retirees seeking respite from the hustle and bustle of larger metropolitan areas. In this article, we’ll explore five
As we continue to navigate through uncertain times, retirement planning is more important than ever. For those who will soon be relying on their Social Security benefits(1) to make ends meet, understanding how the current market affects their income may be critical to their financial future. In this article, we will explore the current state
Social Security has been a crucial part of the American social safety net for nearly a century. Over the years, it has evolved to adapt to changing economic conditions and demographic trends. However, with the rapid pace of technological advancement and globalization, the future of Social Security may look uncertain. As such, it is essential
Effective estate planning is a crucial task that often gets overlooked because people are either too busy or too intimidated by the idea of planning for the future. But the reality is that estate planning is something that everyone should take seriously and prioritize. It is not just a process of preparing for the inevitable