Blog
What is the Average Retirement Age?
Discover the changing landscape of retirement in the US, from shifting trends in average retirement ages to evolving attitudes toward work and leisure. We’ll also explore the factors influencing retirement decisions to gain practical advice on preparing for your own retirement journey.
A 401(k) Rollover Step-by-Step Guide
Michael Hollis provides an easy step-by-step process to follow when rolling over your old 401k plan.
The Roth IRA Five Year Rule
Michael Hollis breaks down the Roth IRA 5-Year Rule for both contributions and conversions. An understanding of this rule is imperative when preparing to take withdrawals in retirement.
A Reasonable & Wise Withdrawal Strategy
Michael Hollis gives you some key considerations and ideas to optimize your retirement account withdrawals for a long, financially secure, and stress-free retirement.
Taking a Mulligan on a Roth Contribution
Michael Hollis discusses what to know regarding retirement contributions and what you can do when.
Insurance Policy Checkpoint – How to Ensure You’re Not Under or Over-Insured
The Dala Group asks our clients to send us their insurance declarations so we can help them maximize their transfer of risk and minimize their costs. We always want to ensure that your assets are protected from risks and that you are covered by the insurance you need, not the add-ons you don’t need.
Last Chance Retirement Account Savings
We’re getting to the end of the year. Have you met your retirement savings goals?
Creating a Holiday Spending Plan that Doesn’t Derail Your Retirement Savings Goals
Holiday spending doesn’t have to derail your retirement savings. You can avoid typical pitfalls by returning to your values and goals. By focusing on what truly matters, setting clear financial objectives, and communicating honestly with loved ones, you can enjoy the holiday season without sacrificing your long-term financial security. The Dala Group would love to partner with you on your journey!
Chicago, A Place to Call Home in Retirement?
Illinois and Chicago have great reasons to stay even into retirement. With a planning staying or moving to the area can become a reality.
Budget For Extended Travel in Retirement
When traveling in retirement, one of the key matters to consider is budgeting to make it happen.
How Retirees Can Better Build Up Their Fixed-Income Strategy
Based on your financial status and retirement goals, a fixed-income investment strategy could ideally diversify your portfolio and provide a steady income stream.
Should You Really Wait Until 70 to Collect Social Security?
Deciding when to collect Social Security is different for everyone. Experts will tell you to delay for as long as possible, but is that right for you?
If the Market Goes Down, Can You Still Retire on Time?
Market volatility can be unsettling, especially as you approach retirement, but you don’t have to lose sleep over it. With the right strategy—like maintaining a cash reserve and staying focused on long-term goals—you can stay on track to retire on time, no matter what the market does.
Are You Taking Advantage of Catch-Up Contributions? SECURE Act 2.0 Changes You Need To Know
The Secure Act 2.0 is making changes that are critical for any investor over 50, and high earners, to be aware of.
How Much Debt is Too Much Heading into Retirement?
As more retirees face debt, it's essential to create a proactive debt management strategy before retiring. Learn how to evaluate your debt, prioritize high-interest balances, and make a plan that fits your lifestyle and financial goals.
Planning to Retire Next Year? 5 Things You Won’t Want To Miss
Are you planning to retire next year? Before you do, make sure you cover all your bases. From deciding when to claim Social Security to creating a retirement budget, there are several key steps to take.
Important Updates About Next Year’s Social Security Cost of Living Adjustment
To counteract inflation's effects the Social Security Administration increases payments with an annual Cost of Living Adjustment (COLA). How does it affect you?
It's Medicare Season! How Can You Take Advantage of Open Enrollment?
Medicare open enrollment is a great time to enroll for the first time or adjust your current elections.