by Leif Jensen | Jun 25, 2025 | Retirement |
The situation may sound like bad luck, but it’s a reality for many older Americans. About 1 in 5 people over the age of 50 have no retirement savings at all, according to a recent report from AARP. This alarming statistic highlights a growing crisis in retirement...
by Leif Jensen | Jun 2, 2025 | Retirement |
Do you have longevity in your family? I don’t but my wife does. Though I am getting closer to beating the age of my closest male relative, every day. Yet as lifespans lengthen, wages are not keeping up with inflation, and even a decent nest egg may not go far...
by Leif Jensen | May 21, 2025 | Retirement |
We are an aging population. A aging population that really did not save enough money for our retirement. So, it’s not entirely surprising in Vermont, where about 26% of residents 65 and older are still working—the highest share in the U.S. The state is at the...
by Leif Jensen | Jan 15, 2025 | Retirement |
The average retirement age in the United States has been rising in recent years. While some people are able to retire relatively early, even in their 40s, others work well into their 70s and 80s. Currently, the average retirement age is 65 for men and 63 for women....
by Leif Jensen | Dec 4, 2024 | Retirement |
I am getting more and more questions on the taxation of Social Security. One taxpayer who waited till 70 to collect has been hit with a huge tax bill because of the taxable amount of Social Security. The federal taxation of Social Security benefits can be complex....
by Leif Jensen | Nov 20, 2024 | Retirement |
Retirement seems to be a topic on many people’s minds lately. I have a doctor who is retiring next year, and several clients have asked me about the tax implications of their own upcoming retirements. I’ve even been asked about my own retirement plans,...
