Every year, falls among older Americans result in about 3.6 million emergency room visits and 1.2 million hospital stays, at a cost of roughly $80 billion. Nationwide, 41,000 senior citizens die from falls annually, according to the Centers for Disease Control and Prevention.

When securing your financial future, one key strategy is investing in tax-efficient savings accounts. Tax-free savings accounts, as the name suggests, offer a unique advantage by allowing you to grow your money without the burden of taxation.

This comprehensive guide will delve into the various tax-free savings accounts that can help you build wealth while keeping the taxman at bay.

Retirement is the largest financial goal most people will ever have. We tend to focus on the dollar amount you need to cover your costs, but there's more to it than that. You need a strategy for balancing your immediate financial needs with your long-term goals. You have to decide which accounts are best for your savings and which investments can help your money grow quickly without exposing you to too much risk. Then, you have to make adjustments over time to keep yourself on track.