Retirement Expenses & Cash Reserves: Financial Planning Guide Announced

Oct 17, 2023

Assets, an online resource for financial advice and information, has released a guide to retirement planning, focusing on the five-year period before retirement begins.

New York, United States - October 17, 2023 /PressCable/ —

The recently announced guide outlines the top points to consider for people who are approaching retirement age, including how to increase cash reserves for emergencies, estimate the total amount of retirement funds that will be needed, and evaluate tax exemptions.

More information can be found at https://assets.net/the-5-years-before-you-retire-retirement-planning-when-you-need-it-the-most

At a time when the median age is increasing and more people are moving towards retirement, the newly released guide is designed to assist people who are in the later stages of their working life as they take steps to secure a comfortable future.

Data from the U.S. Department of Labor shows that careful retirement planning is critical for people who wish to maintain financial stability in their later years, as the average person will spend 20 years of their life in retirement. The guide from Assets focuses on the final five years before retirement and identifies important topics for planning as individuals approach the post-work era.

“Retirement planning is one of your most important financial decisions,” says a company spokesperson. “It’s even more vital to begin this process early on so that when you reach retirement age, you can enjoy your retirement years with peace of mind and financial stability.”

The guide presents straightforward strategies for reducing debt and learning more about different types of investment funds, including diversification across various markets and asset classes.

Readers will also learn more about practical tips for increasing their cash reserve, which is important for emergencies and unexpected expenses, and can also serve as a source of supplemental income once retirement begins.

With years of experience in financial planning, the Assets team explains how to calculate a person’s estimated amount of money needed for a comfortable retirement, such as recording monthly income and expenditures, noting down any variable costs, and calculating additional income from pensions, Social Security, or 401(k) accounts.

The guide also addresses the topic of taxes and how they can affect retirement planning in later years, with a focus on maximizing tax-deductible contributions in the five years leading up to retirement and being mindful of any taxes owed on the sale of company stock or personal property.

Interested parties can find more details at https://assets.net

Contact Info:
Name: Scott Hall
Email: Send Email
Organization: Assets
Address: 60 W 23rd St Suite 638, New York, NY 10010, United States
Website: https://assets.net/

Source: PressCable

Release ID: 89110596

If there are any deficiencies, discrepancies, or concerns regarding the information presented in this press release, we kindly request that you promptly inform us by contacting [email protected]. Our dedicated team is committed to addressing any identified issues within 8 hours to guarantee the delivery of accurate and reliable content to our esteemed readers.

More News

Oct 23, 2026

Hội An innovates for a new era of sustainable development

The tourism hub needs to utilise a Destination Management Organisation (DMO) to deal with increasing overcrowding and mass tourism, as well as the resulting presssures on the environment and infrastructure.

Oct 23, 2026

Gehlee Dangca, formerly of K-pop group UNIS, releases first solo single 'Closer'

Gehlee Dangca has released her first solo single, “Closer.”

Oct 23, 2026

Barbara Palvin on runway return after giving birth: 'Every postpartum journey looks different'

Barbara Palvin stunned the world when she walked the Victoria's Secret runway just six weeks after giving birth to her daughter with husband Dylan Sprouse.

Oct 22, 2026

How AI microdrama Yanbian Qingmei is driving interest in an ancient Chinese calligrapher

While the Tang dynasty (618-907) is synonymous with a golden age of Chinese arts and culture, its glittering reign was fractured by one of history’s most devastating civil wars. Today, the life and work of the revered Tang dynasty calligrapher Yan Zhenqing, a key figure in that 1,200-year-old tragedy, are capturing the attention of millions, partly thanks to an AI microdrama. The series titled Yanbian Qingmei, which roughly translates to Green Plums by the Inkstone, has accumulated more than 100...

Oct 22, 2026

How Cantopop diva Paula Tsui defined an era with her contralto voice and polka dot dresses

This is the 88th instalment in a biweekly series profiling major Hong Kong pop culture figures of recent decades. With her signature polka dot gowns, umbrella skirts and velvet-deep contralto voice that defied the high-pitched norms of her era, Paula Tsui Siu-fung did not just become a Cantopop superstar; she defined the very archetype of the Hong Kong diva. Over a career spanning more than five decades, her record-shattering live performances and unprecedented album sales have cemented her...

Oct 22, 2026

What's new in Singapore? Fresh spots to eat, experience, and explore

Upon landing in the Little Red Dot, you'll be greeted by the world-class Changi Airport, named the World's Best Airport for 2026 by Skytrax for a second year in a row.

Oct 22, 2026

Janeena Chan, Teejay Marquez make self-care a priority with BlueWater Day Spa

Taking a break can be just as important as putting in the work. For Janeena Chan and Teejay Marquez, finding time to rest and care for themselves is a conscious choice that helps them navigate demanding schedules. As BlueWater Day Spa ambassadors, they encourage others to make wellness a priority, from enjoying massages to establishing routines that allow the body and mind to recharge. For Chan, an event host whose work requires adaptability and constant interaction with people, self-care means setting aside time to recover after a busy schedule. Actor and model Marquez, on the other hand, follows a routine that combines adequate sleep, exercise and regular massages to help him manage the physical demands of his profession. Rest and reconnect More than just delivering lines onstage, each event hosting for Chan comes with a different audience, setting and atmosphere, requiring her to prepare thoroughly while ensuring that guests remain engaged and comfortable. “I love getting to meet different people from all walks of life and that it’s always a different setting and playground each time. As the master of ceremonies, you are responsible for the tone of the event and for the energy that you put out there,” Chan said in an interview with The Manila Times. With the demands of her work, Chan considers scheduled breaks essential. She makes time for massages at BlueWater Day Spa, where she said treatments help ease muscle tension and discomfort. “Scheduling days where I can be off and be allowed to relax is definitely a must. My non-negotiables are having my favorite massages at BlueWater Day Spa. Their therapists are all so well trained at removing all the knots in my tired muscles and alleviating the pain in my body,” Chan said. When visiting BlueWater, she prefers treatments that allow her to relax without worrying about her workload. She particularly enjoys the spa’s signature Traditional Filipno massage or the Authentic Chiang Mai Thai Massage which she said helps address areas of discomfort after a hectic week. “I usually look for massages that will really target my pain points in my body, like yung mga lamig. I love their signature hilot massage, and knowing that I can turn my brain off for a few hours and just soak in the satisfying pamper session at BlueWater Day Spa,” she said. For Chan, spa visits are also an opportunity to spend quality time with her mother and manager, Sally Chan. “Actually, it is my favorite bonding activity together with my mom and manager, Mommy Sally. We spend most of our time working together, so getting to be pampered together is such a treat that we always look forward to,” she said. She added that the spa’s atmosphere makes the experience particularly enjoyable. “The spa really sets a conducive atmosphere where we can really rest, unwind and feel rejuvenated right after,” Chan said. Her partnership with BlueWater also reflects her advocacy for wellness and health awareness. Chan, who said she experienced Bell’s palsy 10 years ago, hopes to use her platform to encourage people to pay attention to their well-being and avoid taking their health for granted. “I’m truly so grateful to be their new ambassador, and I feel like it’s also such a fitting partnership because I am such an advocate for wellness, being a massage and spa fan myself,” she said. “Also, being a Bell’s palsy awareness advocate, having half my face paralyzed 10 years ago due to stress and lack of real rest, it’s all a great opportunity for me to use my voice in reminding my community to not take their health for granted and prioritize their wellness,” she added. Building recovery into routine Like Chan, Marquez recognizes that maintaining a demanding career requires attention to personal well-being. “Despite all the shoots and events I attend, I always make sure to get at least eight hours of sleep daily. I also find time to work out for one to two hours and treat myself to a really good massage at least once a week to help my body recover,” Marquez said. His approach to self-care has evolved as he has become more conscious of his health. “For me, self-care is a reward I give myself after a series of demanding schedules. Especially now that I’m not getting any younger anymore, I’ve learned to prioritize my health and wellness,” the actor noted. Marquez was already a regular client of BlueWater Day Spa before becoming an ambassador. He said the treatments and personalized service have kept him returning to the wellness establishment. “Being a BlueWater brand ambassador is truly meaningful to me because it aligns with something I genuinely value: self-care, relaxation and overall wellness. This partnership is more than just representing a brand. It’s about promoting the importance of taking a step back, recharging and giving ourselves the care we deserve,” he said. “I’m a big fan of massages, so my favorite treatment at BlueWater Day Spa is the Athlete’s Massage. It’s the perfect treatment to relieve muscle tension, help my body recover and recharge after a long day. It’s definitely one of my go-to treatments,” Marquez said. For people who struggle to make time for themselves because of professional demands, Marquez advises putting health first. He views personal well-being as an investment that should not be sacrificed for work. “My advice is to always prioritize your health and well-being above everything else. At the end of the day, our body is our greatest investment, especially when our work demands so much of our time and energy,” he said. Indeed for Chan and Marquez, prioritizing wellness means recognizing that caring for oneself is essential to showing up for work, family and the people who matter. Branches and services BlueWater Day Spa offers a range of treatments, including Traditional Filipino Massage, Traditional Balinese Massage, Swedish Massage, Chiang Mai Thai Massage, Athlete’s Massage, and body scrubs. Hand and foot treatments are also available. Guests may visit BlueWater Day Spa at Eton Square along Ortigas Avenue in Greenhills, San Juan (0917-815-6659), open daily from 2 p.m. to 11 p.m.; One Banawe Plaza on Banawe Street in Quezon City, (0947-896-5075), open daily from 2 p.m. to 11 p.m.; at Estancia Mall at Capitol Commons in Pasig, at 0917-881-0092, open Monday to Thursday from 11 a.m. to 9 p.m. and Friday to Sunday from 11 a.m. to 10 p.m.

Oct 22, 2026

LOOK: Replica of Marvel's Infinity Gauntlet with real gems heads to auction in Abu Dhabi

The replica, created by East Continental Gems, contains six real gemstones: a ruby, garnet, sapphire, amethyst, emerald and yellow diamond. Each represents one of the Infinity Stones.

Oct 22, 2026

HBO Max K-drama Make Me Tingle: Nam Ji-hyun, Kim Jae-young lead tame sex romcom

Lead cast: Nam Ji-hyun, Kim Jae-young South Korea finds itself at an interesting juncture in its social evolution in the mid-2020s. Following the success of works such as the 2016 book Kim Ji-young, Born 1982 and its hit 2019 film adaptation, which brought the country’s gender inequality into sharp focus, the imbalance remains stubbornly stark. People now recognise this imbalance and are unafraid to label it for what it is – “patriarchy” is no longer a dirty word. Yet change has been slow. South...

Oct 22, 2026

From New York to Jeju Island: an American joins South Korea’s famed female free divers

By Lee Hae-rin For American Kylie Genter, a day at the beach is no longer a day off for sunbathing and swimming. Instead, it is a place where she prays for her safety before diving into the waters to gather abalone and shellfish for a living. What others see as a holiday destination has become, to her, a workplace and a landscape of possibilities. Since she began diving as a haenyeo – female divers who harvest seafood by hand – in January 2024, the work has changed how she sees the sea. Finding...

Oct 22, 2026

The cost of being okay

In the Philippines, mental healthcare is not just something Filipinos pay for when they get sick, but rather a recurring cost that must be balanced against food, utilities, and other necessities.

Oct 22, 2026

RK Bagatsing shares what makes relationship with Jane Oineza work

RK Bagatsing shared the secret to his long-term relationship with Jane Oineza.