More Wisdom, Less Worry
Written by Dre Griggs
Hi, it’s Dre Griggs with Obsidian Wisdom. Today, we’re answering the question: How do I choose between a large lump sum or a pension for retirement? If you’re considering this choice, you’re probably a public sector employee. Only about a fifth of people working have access to a pension, and the majority of those are […]
Written by Dre Griggs
Hi, it’s Dre Griggs with Obsidian Wisdom. Today, we’re answering the question: What is the best age to retire? When you’re thinking about retirement, it’s all about being able to withdraw from the rat race of trading time for money. Retirement means you have enough money to purchase all your time back and decide how […]
Written by Dre Griggs
Hi, it’s Dre Griggs with Obsidian Wisdom. Today, we’re discussing five misconceptions about happiness I had to let go of. In your retirement, it’s very important that you’re enjoying yourself—not only with what you’re doing, where you’re going, but also with the people you’re with, the relationships you build, and the experiences you have. Balancing […]
Written by Dre Griggs
Hi, it’s Dre Griggs with Obsidian Wisdom. Today, we’re answering the big question: How is Social Security taxed in retirement? The Reality of Social Security Taxation You and I both know it would make sense if Social Security wasn’t taxed, right? We’ve already paid into the fund, and now we’re just getting back the money […]
Written by Dre Griggs
Inflation is one of those silent financial threats that many retirees don’t talk about often enough. Although it has gained more attention recently due to double-digit increases in the past few years, understanding how to combat inflation during retirement remains critical. As inflation rises, the cost of living increases, meaning your retirement funds may not […]
Written by Dre Griggs
Are you wondering what constitutes a good monthly retirement income in 2024? Join me, Dre Griggs from Obsidian Wisdom, as we delve into the details of retirement income and explore strategies to ensure a comfortable and financially secure retirement. Understanding Average Retirement Income in the US The average retirement income in the United States for […]
Written by Dre Griggs
Retirement is not just an end to a career; it’s a beginning of a new chapter full of opportunities for exploration and self-discovery. Travel and adventure can significantly enrich this phase of life, offering a unique blend of joy, fulfillment, and lifelong learning. Hi, I’m Dre Griggs with Obsidian Wisdom, and today we’re diving into […]
Written by Dre Griggs
Long-term care planning is a crucial aspect of ensuring your future well-being and peace of mind. In the final video of our series on the importance of long-term care planning, we delve into the intricate world of financial and legal considerations. Join us as we explore the essential factors that play a significant role in […]
Written by Dre Griggs
In the realm of retirement planning, one crucial aspect that often gets overlooked is long-term care preparation. Long-term care can have a significant financial impact on individuals, with costs ranging from $35,000 to $45,000 per year on average. While long-term care insurance is a common solution, it may not be suitable for everyone due to […]
Written by Dre Griggs
Retirement marks a significant transition in one’s life journey, opening up a new chapter filled with opportunities for growth, self-discovery, and continuous learning. In this blog post, we dive deep into how life changes after retirement and the importance of embracing change and reinvention during this phase. Reevaluating Beliefs and Expectations Retirement offers a unique […]
