IFW Education Center – Lifestyle
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IRA vs. 401(k): Which Is Better for Your Retirement?
Retirement is no longer a distant dream—it’s right around the corner. If…
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7 Key Retirement Milestones to Secure Your Future
Wondering what key milestones you need to reach for a successful retirement?…
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Top 7 Social Security Myths Debunked: Get the Facts for a Secure Retirement
Are you confused about Social Security benefits? In this article, we debunk…
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How The Wealthy Navigate the Future of Social Security for a Secure Retirement
The future of Social Security is uncertain, with funds potentially depleting by…
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Retirement Funds Alert: Gen Xers and the Path to Penalty-Free Withdrawals
As Generation X approaches key age milestones, many are discovering that they…
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Fifty Years Later, It’s Time to Reimagine Retirement Savings
It’s hard to believe it’s been fifty years since Congress passed the…
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What Is the $1K Per Month in Retirement Rule?
Planning for retirement can feel overwhelming, but understanding key strategies can make…
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Social Security in 2025: Three Positive Changes to Look Forward To
With the new year fast approaching, there’s plenty of good news for…
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A Controversial New Retirement Rule
Navigating retirement savings can be daunting, especially when seeking professional financial advice.…
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Bridging Wealth Gap Opportunities Through Financial Education
In a world where the reality of economic disparity is as undeniable…
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Unlocking Additional Income Streams in Retirement
Retirement often marks a significant shift in one’s financial landscape. While it’s…
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Securing Your Future: 6 Strategies to Avoid Forced Retirement
As retirement approaches, many individuals envision a smooth transition into their golden…
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Planning for the Solo Years of Retirement
For many, planning for retirement involves imagining a future with a partner…
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Mastering the Art of Living a Luxurious Life on Any Budget
“Luxury is anything that feels special. I mean, it can be a…
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Best Strategies for Lifetime Income In Retirement
Maximizing lifetime income in retirement requires a strategic approach, which often includes…
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Essential Guide: How Much to Save for Retirement to Live Comfortably
“Live life to the fullest, and focus on the positive.” – Matt…
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Unlock Steady Income: Crafting a Comfortable Retirement with Annuities
Imagine you’ve just retired, sipping your morning coffee and pondering the exciting…
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Embrace Your Purpose: Second Careers After Retirement
It’s never, ever too late to start your life; you are only…
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Debunking the Myth of the Great Boomer Wealth Transfer
Today, we’re diving into a topic that has been making headlines for…
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Military Benefits for Retirees: What Veterans Need to Know
Transitioning from military service to civilian life can be difficult, so it’s…
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Are Your Financial Decisions Making Sense for You?
When it comes to making financial decisions, we often hear the question,…
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What Are The Top 5 Retirement Mistakes You Need to Avoid & How?
Are you prepared for a comfortable and secure retirement? No matter your…
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Retirement Adventures: Top Destinations for Your Golden Years
Are you ready to embark on a life-changing journey during your golden…
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Medicare Vs. Private Health Insurance: What Retirees Need to Know
Navigating the realm of healthcare coverage can be a daunting task, especially…
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Tips for Retirees Looking to Purchase a New Car
For retirees considering buying a new car, it is important to consider…
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Glittering Prizes: Is Gold a Good Investment for Retirees?
Investing in gold is seen as a secure way to safeguard retirement…
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Traveling in Retirement: How to Budget for Your Adventures
As a senior, retirement can open up the world of exploration. You…
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Why You Should be Transparent with Your Heirs about Finances
As financially comfortable older parents, it’s crucial to ensure that your adult…
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Effective Strategies for Retirees to Prevent or Delay Dementia and Cognitive Decline
While there is currently no cure or vaccine for Alzheimer’s, dementia, or…
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Smart Money: Can You Use Your IRA To Invest in Real Estate
Are you looking to diversify your retirement portfolio and potentially achieve higher…
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Pickleball & Money?
Pickleball is the fastest growing sport in America and people nearing and…
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40+ F.I.R.E. – Understanding the Financial Independence, Retire Early Movement
Are you tired of the rat race and dreaming of a life…
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Hobbies That Earn: Passive Income Ideas for Retirement
Imagine a life where you can enjoy your retirement without worrying about…
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Life Changing Investment Strategies for a Happy & Wealthy Retirement
Are you prepared for your golden years? Planning for retirement is essential…
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How to Minimize Your Tax Liability in Retirement and Spend on What Matters
Finally! Retirement time is almost here. It is a time to relax…
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Parenting in Your 40s: The Right Time to Teach Kids about Money
The knowledge and skills necessary for managing money are critical for every…
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How to Maintain Your Fun Lifestyle While Planning for Retirement
Imagine a retirement filled with laughter, adventure, and lifelong memories, all while…
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DAY 21: IFW’s 21 Day Financial Refresh & Revitalization Challenge
DAY 21 April is ‘Financial Literacy Month’ and The IFW wants YOUR…
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Should I Pay Off My Mortgage As Early As Possible?
This weeks wisdom is going to help you answer the question “should…
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Our relationship with money and how we view it is critical!
At the Institute of Financial Wellness we are certainly focused on our…
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Making the Right Financial Choices Through Each Stage of Life!
Your personal, professional, and financial needs will change across every unique stage…
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Checking & Savings Accounts
Checking Accounts vs Savings Accounts The difference between checking and savings accounts…
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Budget Calculator: Keep Working or Stay at Home?
Making the decision to return to work after staying at home with…
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Budget Calculator: Save or Pay Off Debt
Having savings is important, especially when the savings are part of an…
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Budget Calculator: Calculate Your Net Worth
Determining how much money you are worth is like having a personal…
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Budget Calculator: Spare Change
Most people have a cup, jar or piggy bank full of change…
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Budget Calculator: Balance Your Checking Account
Balancing a checkbook is easy. Start with the balance from your last…
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Budget Calculator: How Much Am I Spending?
How many times have you asked yourself “where does our money go?”…
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Debt Calculator: Calculate a Loan Payment
Repayment of a loan requires that the borrower make a monthly payment…
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Debt Calculator: Increase Your Monthly Payment
f you’re trying to pay down some debt, you might be wondering…
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Debt Calculator: Are Credit Card Balance Transfers Worth It?
At some point in time, you are likely to receive an offer…
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Savings Calculator: What Will Your Savings Will Be Worth?
The future value of your savings plan is dependent on the starting…
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Savings Calculator: So You Want To Be A Millionaire!
Everybody wants to be a millionaire, but few have the savings discipline…
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Savings Calculator: College Costs Analysis
Saving for a college education requires advanced planning and knowledge of what…
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Home Equity Calculator: Using Home Equity for a Major Purchase
When making a major purchase, using a home equity loan or line…
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Mortgage Calculator: Loan Amount Calculator
What is a Mortgage? A mortgage is a type of loan you…
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Mortgage Calculator: How Much Money The Sale Of Your Home Will Yield?
One of the most important questions consumers will ask themselves is “how…
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Mortgage Calculator: To Rent or To Buy?
Depending on how fast prices and rents rise and how long you…
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Car Payment Calculator: Gas Guzzler Analysis
As the price of gasoline continues to rise, the question often arises…
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Car Payment Calculator: Payment Comparison
The term of your vehicle loan can make a big difference in…
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Car Payment Calculator: Comparing Monthly Payments
The term of your vehicle loan can make a big difference in…
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Debt Calculator: Consolidation Calculator
Debt consolidation loans allow consumers to transfer the account balances from multiple…
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Car Payment Calculator: Get The Numbers
Your monthly payment is based on the net purchase price of the…
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Home Equity Calculator: Equity Analysis
The amount of equity available for a home equity loan or home…
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Mortgage Calculator: Payment Analysis
Repayment of a mortgage loan requires that the borrower make a monthly…
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Budget Calculator: Cash Flow Analysis
Getting your spending under control and in line with your income is…
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Savings Calculator: Measure Your Potential
If you are already a saver, you might ask yourself the question…
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Social Security and the Self-Employed
For most people who have jobs in the U.S., Social Security contributions…
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Is Travel Insurance a Good Idea?
We all love getting away from it all and going on vacation.…
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Smart Ways to Spend Your Tax Refund
When tax time rolls around, you are likely waiting for that tax…
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Use a Side Hustle to Pay Off Debt
Many people look at side hustles as an opportunity to earn some…
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A Financial “To-Do List” When You Move
Moving is one of life’s most stressful events. What with organizing your…
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Are Your Financially Fit for Dating?
The Financial Side of Dating Dating presents an opportunity to get to…
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2022 National Senior Games Announced May 10-23
There is nothing like some healthy competition to help promote a healthy…
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Make Your Most Important ‘Financial Relationship’ Built to Last!
Before you say “I do” to that special someone, it’s important to…
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The Pickleball Phenomenon!
A Nation of Pickleballers Over 3.13 million people in the U.S. play…
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Live Your Best Life!
Happy Thanksgiving! At The IFW we are very grateful for the opportunity…
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LEAVING A LEGACY YOU CAN BE PROUD OF
Ensuring a proper legacy for your family or philanthropic values does not…
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INFLATION RISES ^ FUEL PRICES SOAR
Nobody likes inflation or high prices at the gas pump! In this…
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Top 10 Things to Consider When Selecting a Financial Professional
1. Do you like them? No matter who you do business with,…
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The Stages of Financial Life
As we transition through the various stages of life, our financial needs…
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Smart Financial Decisions
To Live Your Best Life.
Get ThereWhen it comes to financial decisions; never say “Never” never say “Always”…It…
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What is Financial Well-Being?
What is True Financial Well-Being? The Consumer Financial Protection Bureau (CFPB) studied…