You’ve worked most of your life, and now it’s time to relax and retire in style. Ensuring that your finances are in order is one of the most important things you can do as you transition into this next, bes...t phase of your life. After all, you can’t have all that fun without the proper funds. Whether you need help building a new budget, want to learn more about investing for retirement, or are interested in returning to the workforce part time, Renew can get your financial know-how up to speed so you can start living the retirement lifestyle of your dreams.

Read more Read less

You’ve worked most of your life, and now it’s time to relax and retire in style. Ensuring that your finances are in order is one of the most important things you can do as you transition into this next, best phase of your life. After all, you can’t have all that fun without the proper funds. Whether you need help building a new budget, want to learn more about investing for retirement, or are interested in returning to the workforce part time, Renew can get your financial know-how up to speed so you can start living the retirement lifestyle of your dreams.

Group Created with Sketch.
Not sure where to start?

Read our quick-start guide for help, including which questions you should be asking as you approach retirement.

Read our quick start guide
Other topics

22 articles in Money

  • 5 tips for downsizing in retirement

    Whether you’ve been diligently stashing away 20% of your income since you received your first paycheck or only began saving for retirement in the past few years, as you get closer and closer to your retirement date, you’ll likely become eager to find opportunities for supplementing your soon-to-be-fixed income. Receiving that last regular paycheck is …

    Read More
  • What are my options for life insurance?

    As you begin your retirement planning, you may consider purchasing a life insurance policy that would provide your loved ones with some financial security in the event that you were no longer around to help with important costs. Life insurance policies can help your family and dependents cover mortgage payments, college tuition, funeral costs, and …

    Read More
  • What are health savings accounts?

    Health Savings Accounts, or HSAs, are medical savings accounts that are available to people enrolled in high-deductible health plans (HDHPs). HSAs are considered tax advantaged because deposits made to these accounts are exempt from federal income tax. The funds in HSAs will also grow, tax-free, “rolling over” to accumulate year to year (unlike Flexible Spending …

    Read More
  • What is a reverse mortgage?

    If you’re a homeowner over 62 years of age, and you’re looking for ways to supplement your income in retirement, you might qualify to convert a portion of your home’s equity into cash via a reverse mortgage home loan. Because there are no restrictions on how these funds can be spent, many seniors take out …

    Read More
  • What is long-term care insurance?

    The phrase “long-term care” encompasses a variety of services intended to improve the quality of life of people with chronic illnesses, disabilities, or debilitating injuries. Providers of long-term care help their patients maintain a certain level of independence by assisting them in accomplishing daily activities, like bathing, eating, or dressing, over short or long periods …

    Read More
  • How do I sign up for social security benefits?

    Congratulations! You’ve put in your time, and you’re finally eligible to collect those social security benefits you’ve been paying toward for so long. If you’ve already blown out the candles on your 66th birthday cake, you’re probably wondering when that first check is going to show up in your mailbox. Unfortunately, even though you become eligible …

    Read More
  • How can I make money in retirement?

    If you’re starting to worry that you should have saved more money before retiring, you’re definitely not alone. In a 2014 survey by TIAA-CREF, 47% of people 55-64 years old said they regretted not saving a larger percentage of their paychecks throughout their career. Perhaps you feel that you’ll need to supplement your income in …

    Read More
  • How will my spouse be affected by my retirement?

    When choosing a retirement date, it’s important to consider the financial impact it’ll have on your family. Timing is incredibly important when it comes to Social Security. This is because the age at which you begin collecting has a lot of implications. The age at which you retire will not only determine how much you’ll …

    Read More
  • What are pension plans?

    Pension plans are a type of retirement account. They are primarily funded by an employer who puts a set amount of money aside for their employee upon retirement. According to the Pension Rights Center, about 31% of retirees are currently receiving pension plan benefits. The number of people who have access to a pension in …

    Read More
  • How are taxes different in retirement?

    Will your tax bill get some much needed time off when you retire? Unfortunately, the short answer is no. The IRS plans to continue working full time. Don’t worry; we’re here to walk you through some of the key tax considerations you should be aware of in retirement. Social security benefits Your paycheck was already …

    Read More
  • Ways to pay for Medicare

    So you’ve chosen a Medicare plan and are ready to submit an application. Whether it’s a Medicare Supplement, Medicare Advantage, or Part D Prescription Drug Plan plan, you know about how much your monthly premium will be. But how will you pay for Medicare? There are a few different ways you can pay your Medicare …

    Read More
  • Part‑time work in retirement

    Retirement doesn’t have to mean inactivity. In fact, more retirees are working than ever before. While extra income is certainly an incentive for many, it’s not the only reason to keep working. In fact, workplace camaraderie and professional fulfillment are often cited by retirees as motivators for seeking employment. Additionally, some retirees return to the …

    Read More
  • What should I do with my 401(k) when I retire?

    So you’ve been steadily putting money into a 401(k) or similar retirement plan, and now it’s time to retire. What happens to that money now? As long as you’re above the age of 59½ while working—or 55+ and not working in some cases—that money is available for you to withdraw without any penalties. The idea …

    Read More
  • What are annuities?

    As you begin to build your retirement strategy, you may be interested in investments that will allow you to build a steady and reliable flow of income. One of the many investment options worth looking into are annuities. An annuity is an insurance product that provides a future stream of income to someone while they’re …

    Read More
  • Building a budget in retirement

    If you’re like most Americans, you probably feel like you haven’t saved enough money for retirement. Making a budget can be the best method to ensure you don’t outlive your money.  While you may no longer have an income from a full-time job, managing your finances isn’t that much different in retirement. You should be …

    Read More
  • Social Security: Explained

    Whether you’re planning your retirement or have already started the journey, beginning to collect social security benefits is a pivotal step. Throughout your career you’ve been contributing a chunk of your paycheck to this program, and now it’s about to pay off!   As a general rule, the longer you wait to begin collecting social …

    Read More

Group Created with Sketch.
Not sure where to start?

Read our quick-start guide for help, including which questions you should be asking as you approach retirement.

Read our quick start guide