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Why Nicaragua is a Retirement Haven
Tweet Share on Facebook April 18, 2011 Comment (10)Retiring overseas may be a more mainstream idea today than it was a quarter-century ago when I began covering this beat. But the idea of retiring in Nicaragua is still controversial.
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Do Retirees Need Financial Advisers?
Tweet Share on Facebook April 18, 2011 Comment (1)Retirees live on a fixed income, hopefully have financially independent children, and have a straight-forward financial mission: Not running out of money while alive. You’re focused on maintaining and spending down your nest egg, more than growing it. So, once you retire, do you really need a financial adviser anymore?
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5 Reasons to Love the Roth IRA
Tweet Share on Facebook April 15, 2011 Comment (2)One of my favorite tools that you can use to save for retirement is the Roth IRA. Allow me to express my enthusiasm for this excellent retirement savings tool. Here are five reasons to love the Roth IRA:
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A Simple Trick to Boost Mutual Fund Returns
Tweet Share on Facebook April 14, 2011 CommentAs an investor, you are probably frustrated when you read the stellar returns advertised by top performing mutual funds. Even if you owned those funds, your returns are typically far less than those advertised.
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7 Side Business Ideas for Retirement
Tweet Share on Facebook April 14, 2011 CommentIndividuals who have worked for several decades often have mixed opinions about the idea of starting a second career. "No one will ever hire me," or "What can I actually do?" are common reactions. However, there are a variety of ways to turn skills from your former career into a part-time income stream after retirement. Here are some post-retirement business ideas.
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How to Find Health Insurance in Retirement
Tweet Share on Facebook April 13, 2011 Comment (4)I retired at 44, two decades before I would become eligible for Medicare. Second only to the concern about whether I would have enough money to carry me through retirement was my concern about obtaining health insurance. My worries were justified. The first insurance broker I contacted told me that my husband and I were uninsurable. Here’s how to make sure your health care bills will be covered in retirement.
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What the Budget Crisis Can Teach Us About Retirement Planning
Tweet Share on Facebook April 12, 2011 Comment (1)Earlier this month the budget situation nearly forced the government to shut down many of its operations. Had the government not reached a deal on a last minute budget extension, most government workers would have been left without a paycheck until the situation was resolved. Thankfully the crisis was temporarily averted and the government has more time to work on a more complete resolution. Though the national budget is much more complex than personal budgets, there are several takeaways we can learn from this situation and apply to our personal retirement planning.
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5 Places to Retire for Under $500 per Month
Tweet Share on Facebook April 11, 2011 Comment (26)Housing is likely to be one of your biggest retirement expenses. One way to approach your search for the ideal overseas retirement haven is to focus on retire-overseas choices where housing is cheap.
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5 Ways to Torpedo Your Retirement
Tweet Share on Facebook April 11, 2011 Comment (2)Couples who work hard all their lives often eagerly look forward to retirement. But working for 30 or more years doesn’t guarantee that you will be able to retire comfortably. Here are five common retirement planning errors that generally torpedo your ability to retire.
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5 Elements of a Solid Retirement Savings Plan
Tweet Share on Facebook April 8, 2011 Comment (1)No retirement plan is perfect. There are plenty of things out of our control that could negatively impact our ability to save for retirement. However, there are certain things that every retirement savings plan should have. Here are five necessities for a solid retirement plan:
