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Ireland Becomes an Affordable Retirement Locale
Tweet Share on Facebook February 7, 2011 Comment (14)I first recommended the Emerald Isle as an overseas retirement haven 25 years ago. A young editor, fresh out of university, I was enchanted by what this beautiful, magical land of patchwork fields, ancient fortresses, and hospitable, fun-loving folk had to offer.
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Should You Pay Off Debt or Save for Retirement?
Tweet Share on Facebook February 4, 2011 Comment (1)When you first get started managing your personal finances, many people are faced with an intimidating to-do list. You need to make a budget, create an emergency fund, reduce debt, get insurance, buy a house, invest, save for retirement, and save for your children's college costs. It's hard to know where to start. Oftentimes people give up or get stuck deciding between these big goals. One especially tricky choice is deciding between retirement savings or debt reduction. Should you delay your retirement savings until your debts are paid off?
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3 Retirement Myths That Jeopardize Your Security
Tweet Share on Facebook February 4, 2011 CommentMuch of the conventional wisdom about retirement is not based on facts. If you accept these fictions as fact, you take greater risks with your future than you realize. Here are three retirement myths that could jeopardize your retirement security.
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4 Advantages of a Phased Retirement
Tweet Share on Facebook February 3, 2011 CommentI am hoping for a phased retirement in which the transition from full-time employment to not working at all is gradual. My goal is to have a planned decrease in paid work and corresponding increase in unpaid activities. I suspect that there are many others who have the same idea. The reasons are simple: It can be difficult to financially and emotionally adjust to going from full-time employment to no employment in a single leap.
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The Arrogance of Trading
Tweet Share on Facebook February 3, 2011 Comment (1)There is a huge industry based on helping investors trade. Online trading is big business, with many firms competing for your business. Online trading firms offer major incentives to encourage trading, including discounted commissions, real-time data, colorful charts, pattern recognition tools, market motion detectors, and all kinds of screens that will help you sort out the bad stocks, so you can trade only the good ones.
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5 Tips for the First Year of Retirement
Tweet Share on Facebook February 2, 2011 CommentI had a long list of things I wanted to do when I retired. There were the hobbies I never had time for, the home projects I had been meaning to get to, and so many new activities to explore. One year later I hadn’t even made a dent in that list. Shouldn’t retirement be easier than working? Your only job now is, well, nothing. Here are some tips to help you through the first year of retirement.
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The 9 S’s of Retirement Success
Tweet Share on Facebook February 2, 2011 CommentA successful retirement requires action. But many people start saving so late in their career that they effectively eliminate their chances of a comfortable retirement. Here are nine S’s to follow that will help you achieve your retirement goals.
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How to Prioritize Retirement Savings
Tweet Share on Facebook February 1, 2011 Comment (3)Saving enough money for retirement is one of the biggest challenges baby boomers and later generations are facing. Even with the rising cost-of-living, many individuals earn enough money to fund their retirement. However, many people don’t save because they have misplaced priorities. For example, they may be spending more than they can afford to, or they may be saving for the wrong purpose. Here is how to fit retirement savings into your current budget.
