The Parady Blog
At Parady Financial, we belive that education is paramount!
The Secret to a Stress-Free, Satisfying Retirement
Retirement is meant to be a relaxing, enjoyable season of life in which you can kick your feet up and enjoy the fruits of your labor. However, many retirees have accumulated plenty of savings but are so afraid of outliving them that they overcorrect into frugality. In...
How Much Savings Is Enough?
Over the years, many wise people have said that “cash is king”. The phrase refers to the concept that money (cash) is more valuable than any other type of financial tool, such as stocks or bonds. Having liquid funds available can be vital because of the flexibility it...
Navigating Retirement Taxes: Expert Tips for Financial Success
Retirement is an exciting chapter in life. After decades of hard work, you finally get to relax and enjoy your time. However, to truly make the most of your retirement, it's crucial to navigate your options carefully, especially when it comes to taxes. Making smart...
Your Guide to a Joyful Retirement: Practical Tips for Stress-Free Living
Key Takeaways: Create a budget, maintain an emergency fund, and diversify income sources (Social Security, pensions, savings, investments, and annuities) to ensure financial stability and a stress-free retirement. Plan for health care by understanding Medicare,...
Is a Roth IRA Conversion Right For You
As you approach the Golden years, it is important to prioritize your efforts to untax retirement income and reduce future Medicare surcharges. IRMAA, (income-related monthly adjustment amount) is a fee you pay on top of your Medicare Part B and Part D premiums, if you...
When Is A Roth IRA Conversion Right For You?
As you approach the Golden years, it is important to prioritize your efforts to untax retirement income and reduce future Medicare surcharges. IRMAA, (income-related monthly adjustment amount) is a fee you pay on top of your Medicare Part B and Part D premiums, if you...