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5 Overseas Retirement Mistakes to Avoid
Tweet Share on Facebook February 28, 2011 Comment (2)Retiring in another country could mean a retirement experience that is richer, fuller, and more interesting. But it’s difficult to walk away from the life you’ve known until now and create a brand new one for yourself in a place where you don’t know anyone or speak the language. Here are some of the most common retirement overseas mistakes and how to avoid them.
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5 Reasons to Save Your Tax Refund for Retirement
Tweet Share on Facebook February 25, 2011 Comment (2)If you are expecting a tax refund this year, aim to save some or all of it for the future. Here are five good reasons to use that money for retirement savings.
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Why Tax Deductions Aren’t Always a Good Thing
Tweet Share on Facebook February 25, 2011 CommentDuring tax season the words, “It’s deductible,” are often music to our ears. But just because something is tax deductible doesn't mean it's in your best financial interest. A tax deduction is not a rubber stamp of approval on how to spend your money or what debt to incur.
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3 Reasons Renting Beats Owning in Retirement
Tweet Share on Facebook February 24, 2011 Comment (2)There are many positive financial and lifestyle reasons for downsizing your residence when you retire. Here are a few good reasons to become a home renter, not a home owner, in retirement.
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Your Success Can Give Your Broker a Free Pass
Tweet Share on Facebook February 24, 2011 CommentYour broker has a lot of tricks up his sleeve. To get your money, he can be charming and attentive to your every need. He may bemoan all the burdensome forms you have to sign to open an account. To make your life easier, he will probably tell you to just sign where indicated, and he will fill in the details. He knows you are a busy person and is sensitive to your time constraints.
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5 Investments That Can Help Secure Your Retirement
Tweet Share on Facebook February 23, 2011 Comment (1)Almost every investment idea sparks a debate in the financial industry. There are generally merits on both sides of the argument because no one will ever be able to definitively prove which investment will perform well in the future.
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5 Retirement Overseas Success Stories
Tweet Share on Facebook February 22, 2011 Comment (4)Making a move to another country as part of your retirement plan leads to a new perspective, a fresh start, and, often, renewed energy and enthusiasm for life in general. Nothing is old, tired, or dull. Everything is new, fresh, and bright. Everywhere you look presents a new opportunity for adventure and challenge.
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How Retired Couples Can Argue Less About Finances
Tweet Share on Facebook February 18, 2011 Comment (1)Retired couples face money challenges that working folks don't. You and your spouse might have different views about how much money you need to retire. And people on a fixed budget look at spending and investing differently than those still on the job. Couples who still have a paycheck coming in can usually find a way to pay for extra, unexpected expenses. For retired couples, sudden expenses can be more difficult to cope with. Here are three tips to keep your relationship on track in retirement.
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Why You Shouldn’t Try to Time the Market
Tweet Share on Facebook February 17, 2011 Comment (1)Investors have a short memory and notoriously bad timing. Three years ago investors were fleeing the stock market for safety. Now investors are fleeing safety for stocks. It’s the perfect storm for financial trouble.
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4 Places to Stash Money for Tax Free Retirement Income
Tweet Share on Facebook February 17, 2011 Comment (3)A proper retirement income plan should include multiple sources of retirement income. At least one of those income sources should be non-taxable. This allows a retiree to coordinate various retirement income streams to minimize the overall taxation of that income.
