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Retirement fund is losing money and home values are going up. The fund is around $85,000-$90000. The balance on our home is $34,000 and we want to make $20,000 in improvements.
Whether you should draw from retirement to pay for home improvements is a personal decision, but carefully consider the implications before making any decisions. 4 questions to ask yourself before ...
The cap for this home improvements extends to $2,000 per year. Solar Panels and Other Renewable Energy Sources Homeowners can receive up to 30% back in the cost of a solar panel installation in ...
Image source: Getty Images. The average American aged 65 to 74 has about $609,000 in retirement savings, according to the Federal Reserve. If you're nearing retirement and pretty much have no ...
In 2025, an average of 11,400 Americans will turn 65 every day; that amounts to 4.18 million people -- the highest on record. So, we can expect, most likely, a record amount of people retiring this...
Whether that means waiting until full retirement age or even until age 70, the longer you wait, the higher your benefit. Nischay Rawal, CPA, managing partner at NR CPAs , pointed out that the ...
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According to the U.S. Census Bureau, about half of Americans ages 55-66 have no retirement savings at all. If you're one of them, you're facing an uphill battle as you look toward life beyond your...
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