Category: Financial

Unretirement: A New Path to Purpose and Prosperity

More retirees than ever are heading back to work or starting a business—not out of necessity alone, but for purpose, connection, and a better lifestyle. Discover how unretirement can open new doors and why the Mississippi Gulf Coast is one of the best places to begin your second act.

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Why Real Estate Sales Fail: How to Avoid Failure

Real estate sales don’t always end with a successful closing—and the reasons why might surprise you. From financing issues and appraisal gaps to poor communication and missed deadlines, even promising deals can fall apart without the right preparation. In this article, we break down the most common causes of real estate transaction failure and show you practical steps to avoid them. Whether you’re a first-time buyer, seasoned investor, or real estate agent, understanding these pitfalls is the first step to closing with confidence.

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Best Retirement Plans for a Business Started After Retirement

Starting a business after retirement doesn’t mean you should overlook saving for the future. In fact, many retirement plans allow your business to contribute, helping you maximize tax advantages while securing your financial stability. Options like a Solo 401(k) or SEP IRA let you, as both employer and employee, contribute significantly more than traditional IRAs. If you have employees, a SIMPLE IRA or a Safe Harbor 401(k) can offer benefits for both you and your team. The right plan depends on your business structure, income, and long-term goals, but choosing wisely can provide tax savings and a strong financial foundation for your later years.

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How long will my savings last? I’m retired now!

Wondering how long your retirement savings will last? The answer depends on factors like withdrawal rates, investment returns, inflation, and spending habits. By using smart retirement planning strategies, such as the 4% rule, Social Security benefits, passive income, and tax-efficient withdrawals, you can stretch your savings for decades. Learn how to calculate your retirement longevity, reduce expenses, and explore additional income sources to ensure financial security throughout your golden years.

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Best Step-by-Step Guide to Starting a Business After Retirement

This guide outlines essential steps for starting a business after retirement, covering business name selection, registration, drafting legal documents, and creating marketing strategies. It emphasizes the importance of organization, required documentation, and consultant support through services like RetireCoast. Careful planning ensures legal compliance and prepares retirees for financial success.

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Best financing guide for starting a business after retirement

Starting a business after retirement can be an exciting and rewarding endeavor, but securing the right funding is key to making your venture a success. Whether you’re looking to launch a low-cost side business or invest in a larger operation, understanding your financing options is crucial.

This guide explores the best ways to fund your retirement business, from using personal savings and retirement accounts to securing small business loans, grants, and alternative financing methods. We’ll break down the pros and cons of each option, provide insights into risk management, and offer practical tips to ensure your financial stability while pursuing entrepreneurship. If you’re ready to turn your business dream into reality, this guide will help you find the right financial path forward.

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A complete guide to your 2025 Federal Income Taxes

Tax season doesn’t have to be overwhelming—especially when you have a clear plan. Whether you’re a retiree, small business owner, or working professional, understanding the latest tax laws and strategies can help you maximize deductions, minimize liabilities, and stay compliant with IRS regulations.

This comprehensive guide covers everything you need to know about your 2025 federal income taxes, including key filing deadlines, new tax law changes, deductions and credits, retirement account considerations, and smart tax planning strategies. Whether you’re preparing for April 15 or looking for ways to optimize your tax situation year-round, this guide will help you navigate the complexities of the tax code with confidence.

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Seniors free advice: Are solar panels worth it?

As energy costs continue to rise, many seniors are asking: Are solar panels a smart investment? The answer depends on factors like your location, electricity usage, and financial goals.

Solar panels can reduce or eliminate electricity bills, increase home value, and offer long-term savings. Many states also provide tax incentives, rebates, and net metering programs, allowing homeowners to sell excess energy back to the grid. Additionally, solar systems require minimal maintenance and can last 25+ years.

However, upfront costs can be high, and not every home is a good fit. If you plan to move soon or have heavy tree coverage, solar might not provide the best return on investment. Exploring financing options, incentives, and energy needs can help determine if solar panels are worth it for you.

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