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7 Non-Financial Ways to Improve Your Retirement
Tweet Share on Facebook May 18, 2011 CommentCompound interest is one of the major reasons you need to start saving for retirement early. Given enough time, even a small nest egg will grow enough in value to be an asset that can fund a comfortable retirement. But saving money isn't the only thing we need to do to prepare for retirement. Here are some non-financial ways to improve your retirement security.
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The 7 Virtues of Retirement Planning
Tweet Share on Facebook May 17, 2011 CommentInvesting is an imperfect science. In the ideal situation investing would come with a script and we could plug some numbers into an equation and determine which investment would be the perfect fit. Then we would wait out the returns and retire with a large bank account. But we are typically left to our own devices to find the best arrangement for our retirement planning. This can lead to the temptation of looking for shortcuts, not paying attention to our investments, being greedy, or any of the other 7 deadly retirement sins. However, we do have guidelines to help us with our retirement planning. Consider these seven virtues of investing.
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5 Critical Issues When Retiring Overseas
Tweet Share on Facebook May 16, 2011 Comment (2)Before you begin to reinvent your life overseas, you need to figure out what you want your retirement experience to be like. You need to evaluate your priorities, preferences, and the aspects of living in the U.S. you are unwilling to give up. Here are five fundamental issues to consider while formulating a retire-overseas plan.
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How to Keep Credit Card Debt from Hurting Your Retirement
Tweet Share on Facebook May 16, 2011 CommentNo one wants to retire with debt, and certainly not credit card debt. But that's the reality of many soon-to-be retirees who have faced the recent economic downturn. Housing prices, unemployment, and rising health care costs have left some prospective retirees with a bit more debt than they hoped to have at this point. Many people approaching retirement with debt hope to avoid the less-than-ideal solutions of dipping into your retirement accounts or delaying your retirement. Here are some tips for getting rid of your excess credit card debt before you retire.
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3 New Retirement Rules You Can’t Ignore
Tweet Share on Facebook May 13, 2011 Comment (5)Some people do everything right, play by the rules, and still end up unprepared for retirement. That’s because the retirement rules have changed quite a bit over the past generation. Make sure you are aware of these changes in order to adequately prepare for retirement.
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How to Find Retirement Volunteer Opportunities
Tweet Share on Facebook May 12, 2011 CommentMany prospective retirees picture themselves leaving a paying job and using their free time as a volunteer. But finding a volunteer position suitable for a retiree may not be as easy as we anticipate.
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Why You May Be Able to Predict the Market
Tweet Share on Facebook May 12, 2011 CommentUncertain economic times bring out the worst in investors. The anxiety caused by market turbulence drives investors into the arms of financial experts all too willing to share their opinions on the direction of the markets or specific investments to bullet proof your portfolio.
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How to Sleep Better at Night in Retirement
Tweet Share on Facebook May 11, 2011 Comment (1)Retirees have plenty of money worries that could be keeping them awake at night. Some people wonder whether their fixed income will keep up with rising costs, while others are concerned that they will spend down their savings too quickly. Here are some financial strategies that could help you sleep a little better at night.
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10 Reasons to Work Part-Time in Retirement
Tweet Share on Facebook May 11, 2011 Comment (4)When I announced my retirement, the reaction to my news was mixed. Some people were excited, while others were worried that I wouldn’t have enough to do, or enough money with which to do it. This was quite different from the response I received a few years later when I told those same people that I had decided to pick up a part-time consulting gig. This time, the reaction was uniformly positive, which illustrates the first of many reasons to work part-time in retirement.
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7 Deadly Retirement Sins
Tweet Share on Facebook May 10, 2011 CommentThe seven deadly sins are famous in religion and literature. They are recognized as capital sins that often lead to other, often related, vices. There are several definitions of the seven deadly sins and they can be applied to many aspects of life. Here is how the seven deadly sins apply to retirement planning.
