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Retirement Ages to Plan For
Tweet Share on Facebook September 29, 2010 CommentRetirement planning is important for every age group. But there are a few specific years in our lives when retirement decisions are especially significant. Here is a list of retirement milestones you should plan for.
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To Retire Early, Don't Have Kids
Tweet Share on Facebook September 29, 2010 Comment (26)If your dreams include retiring early, you’re going to have to save money more quickly than someone who retires at a traditional age. There’s a lot of advice out there about how to save more money: Forego a daily latte, give up cable TV, stop eating meals out, and get your books from the library. Sure, you will save a few bucks this way, which will add up over the years. But if you really want to supercharge your retirement savings, think big. Don’t have kids.
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5 401(k) Mistakes to Avoid
Tweet Share on Facebook September 28, 2010 Comment (2)Many employers offer a retirement plan, such as a 401(k), 403(b), or the government's Thrift Savings Plan. These retirement accounts offer employees a great opportunity to take advantage of tax breaks when planning their retirement. But 401(k) plans and other retirement accounts aren't without their pitfalls, which could hurt your retirement security. Take a look at your 401(k) plan and determine if you are making some of these mistakes.
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An Unconventional Retirement in Belize
Tweet Share on Facebook September 28, 2010 Comment (8)At an age when most Americans are thinking about retirement, Macarena Rose made a radical move from Florida to Belize. A single mother to two biological and six adopted children, Macarena and her youngest 15-year-old daughter left the U.S. seven years ago to launch a new life in San Ignacio.
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5 Reasons to Work During Retirement
Tweet Share on Facebook September 24, 2010 Comment (8)Many people worry that they might have to work during retirement. Almost half of workers ages 50 to 64 say they may delay their retirement and 16 percent expect to never stop working, according to a 2009 Pew Research Center survey. Here are some reasons working during the retirement years may not be so bad.
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5 Benefits of a Second Home in a Retirement Plan
Tweet Share on Facebook September 23, 2010 CommentA second home is a luxury that many people dream about. Owning a second home can also provide practical benefits. For baby boomers who are considering downsizing, relocating, or a split-living arrangement in retirement, purchasing a second home before you retire can make sense. Here are five potential benefits:
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The Good News About Retirement
Tweet Share on Facebook September 22, 2010 Comment (4)It should come as no surprise that retirees and those planning their retirement are more apprehensive about their golden years than they were five years ago. The recession has spooked everyone financially, including retirees, according to the 2010 New Retirement Mindscape II Study commissioned by Ameriprise Financial. It’s not all bad news though.
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How to Check Up on Your Retirement Finances
Tweet Share on Facebook September 22, 2010 CommentYou know the drill for spring cleaning: dig up everything you have and either throw it away or keep it. If what you pick up is broken, fix it and vow to use it from this point forward. Doing so helps keep your house clutter free and it reminds you that there are actually plenty of useful items still lying around the house. You can spring clean your retirement assets too. Here’s how to check up on your retirement finances.
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The Recipe for a Successful Retirement
Tweet Share on Facebook September 21, 2010 CommentRetirement is one of the most important financial goals you will ever set. But it's hard to know how to start planning for something that might be 30 or more years away, especially when you have other pressing financial obligations, such as student loans, a new family, or saving for a home.
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How to Find Retiree Health Insurance Abroad
Tweet Share on Facebook September 20, 2010 CommentHealth insurance coverage in your new country of residence is one of the most important issues you must address when you retire overseas. The good news is that it is possible to arrange health insurance overseas at far more affordable prices than in the U.S.
