Even careful, dedicated savers don’t always have a strategy in place to meet financial needs during retirement. “Many times, they’re just putting money aside and hoping it will work out,” said Jeff Photiades, wealth management advisor with Northwestern Mutual in Manchester, New Hampshire.
When Capt. Robert Sage began researching retirement communities, he ranked the five factors that were most important to his decision. As a retired U.S. Navy veteran who served for 30 years, proximity to military services and facilities placed third on his wish list. (Being close to his kids was No. 1, and affordability was No. 2.)
Alaina Tweddale is a Philadelphia-based freelance business writer who has been writing about money for more than 15 years. Along with GOBankingRates, her work has appeared on major sites like MSN.
One of the best ways to save money on taxes this year is to make sure you're taking advantage of every possible deduction you qualify for. And depending on your occupation, you might qualify for more.