Can the Chaos of 2020 Really Assist Your Retirement? | Sensible Change: Private Finance

Use 2020 as a push for creativity

If you’re reading this, you made it through the year, which is all anyone can really ask of you at this stage. It’s been exhausting for everyone. But it is also a time to reflect on the ways in which we can still make the most of 2020 — not only from a logistical perspective, but also from a learning standpoint.

Keep strong cash reserves, buy enough insurance, and take advantage of the small tax law changes that can make your life a bit easier down the line. Get creative in your planning: If you want to work in a different capacity, untethered from an office or an employer, make it happen in 2021. If you want to take a blowout trip post-vaccination, do it. Think of 2020 as a great opportunity to think about what next year will hold. Make sure to plan for it.

The $16,728 Social Security bonus most retirees completely overlook

If you’re like most Americans, you’re a few years (or more) behind on your retirement savings. But a handful of little-known “Social Security secrets” could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $16,728 more… each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we’re all after. Simply click here to discover how to learn more about these strategies.