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The Six Biggest 401(k) Mistakes
Tweet Share on Facebook June 9, 2010 Comment (89)Your 401(k) for your retirement is like a screw driver for an assembly. It will help a great deal, but you still have to put in the effort to use the tool properly. 401(k)s bring millions of people in the U.S. many steps closer to a comfortable retirement. But like everything else in life, 401(k)s don’t provide absolute retirement security. Here are six mistakes many people are making with their 401(k) plan.
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5 Surprising Retirement Truths
Tweet Share on Facebook June 8, 2010 Comment (10)You’ve been working for decades, picturing the day when you will finally have no boss to answer to. You’ve fantasized about all the time you will have, all the things you will do, and how your life will be so dramatically different.
Not so fast. Retirement may not be exactly what you expect.
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Tax Breaks for Retirement Investors
Tweet Share on Facebook June 8, 2010 Comment (12)It is up to you to plan for your retirement. Thankfully, the government has given us some nice tools to help plan our retirement and get some nice tax breaks in the process. These retirement accounts often work in conjunction with Social Security and with each other, giving you several options for retirement saving.
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6 Reasons to Retire Overseas
Tweet Share on Facebook June 7, 2010 Comment (98)Look beyond Florida and Arizona and your retirement options get exciting. There can be much more to life than the way you’ve been living it. By considering retirement choices overseas, your days can become full of discovery and adventure. You can reinvent not only your life, but yourself too. What did you want to be when you grew up? Here’s your second chance.
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You Can't Borrow Your Way Through Retirement
Tweet Share on Facebook June 4, 2010 Comment (7)It's a simple truth, but one for which many people need a reminder. You can't borrow your way to wealth and you can't borrow your way through retirement. Fortunately, it's not difficult to get started . All you need to do is make retirement saving a priority and begin investing. These tips can serve as a reminder to keep your retirement planning on track.
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Retirement Versus Financial Freedom
Tweet Share on Facebook June 4, 2010 CommentRetirees have some of the same characteristics as those who are financially free. But I have come to think of retirement and financial freedom as very different things. I view retirement in the United States as a phase in one’s life after they have invested 30 plus years into employment. Retirees may have enough money coming in each month primarily from Medicare and Social Security benefits. As a result, they no longer need to work.
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Filling Up 8 Extra Hours in Retirement
Tweet Share on Facebook June 3, 2010 Comment (15)Quick, what’s the first thing you think of when you read the word retirement? Skydiving? Climbing Mount Everest? Saving the world? You’re thinking non-stop excitement, right? Or maybe you’re thinking hammocks, shuffleboard, and Bermuda shorts with black knee socks.
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7 Affordable Places to Retire Abroad
Tweet Share on Facebook June 2, 2010 Comment (814)Retirement can be about elevating your standard of living and enriching your lifestyle, even if you have only a modest nest egg. And retirement can begin at any time and any age. To do this you need to shift your perspective and look beyond our own borders.
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5 Reasons to Start Investing for Retirement Today
Tweet Share on Facebook June 1, 2010 Comment (2)I'm not going to try and persuade you that our economy isn't shaky. But I actually think you're missing out if you aren't consistently saving for retirement right now. I will make an appeal to the long-term investor inside each of you and lay out these five reasons why there's no better time than today to start investing for your retirement.
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3 Retirement Worst Case Scenarios To Avoid
Tweet Share on Facebook June 1, 2010 Comment (76)Retirement won’t be enjoyable if you are constantly worried about outliving your money. Your first retirement planning goal should be eliminating this money stress. You can do this by financially preparing for worst case scenario retirement events that are reasonably foreseeable. These are three worst case scenarios that this baby boomer is planning for.
