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14 Things to Consider When Renting Abroad
Tweet Share on Facebook October 31, 2011 Comment (1)No matter where in the world you decide to relaunch your life, I recommend that you rent first, rather than buying a new home of your own. Renting for at least six to twelve months keeps you mobile and flexible. It allows you to try a place on for size before committing to home ownership. And it saves you the carrying costs of being a homeowner.
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Retiring Baby Boomers Will Change Rules of Hiring
Tweet Share on Facebook October 28, 2011 Comment (2)Common practice dictates that once we reach the age of 65 our productive days in a working role come to an abrupt end. Many senior citizens are cut loose to begin living the last third of their lives as retirees without consideration for their actual ability to perform effectively.
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A System Designed to Separate You From Your Money
Tweet Share on Facebook October 27, 2011 Comment (1)The Securities and Exchange Commission announced a settlement with Citigroup on October 19. As part of the deal, Citigroup agreed to pay $285 million to settle charges that it mislead investors in connection with a $1 billion collateralized debt obligation tied to the U.S. housing market. The investment tanked shortly after it was sold, causing the investors to lose virtually their entire investment. Citigroup pocketed $34 million for structuring and marketing the transaction, but that’s not where the big bucks were made. They earned an additional $126 million by betting against the interest of its investors.
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Why We Need to Redefine Retirement
Tweet Share on Facebook October 27, 2011 Comment (4)Retirement as we know it has only been in effect for about 50 years. In the 1960s, the baby boomers started working and eventually pushed out the older workforce. Retirement communities came into being and new retirees took their pension and enjoyed their golden years. Before this, everyone but the wealthy worked until they could no longer do so.
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5 Ways to Retire on a Small Income
Tweet Share on Facebook October 26, 2011 Comment (1)We all want to be happy and comfortable in our golden years. To get there we focus on saving money every month, investing for the long term, and figuring out when we should retire.
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Why Investors Lag the Market
Tweet Share on Facebook October 25, 2011 Comment (2)Various reports have come out over the years showing that, on average, investors experience lower returns than the stock market averages.
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7 Reasons to Retire to Uruguay’s Golden Coast
Tweet Share on Facebook October 24, 2011 Comment (2)Uruguay is famous for the beautiful beaches that run the entire length of its coast, including those along this country’s Costa de Oro. This Golden Coast is a 30-mile stretch of shoreline with uninterrupted golden sands.
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Most Baby Boomers Will Work for Life
Tweet Share on Facebook October 21, 2011 Comment (4)Many baby boomers will continue to work after retirement. The decision to work during the traditional retirement years may be a choice or beyond our control. We may want to work in order to stay busy or we may need to work to replace savings lost in recent years.
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What Japan Can Teach You About Investing
Tweet Share on Facebook October 20, 2011 CommentJapan remains the world’s third largest economy. It’s amazing that it’s still standing. It has the highest GDP to debt ratio of any developed country—almost 300 percent higher than the U.S.
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Why Banks Increasing Fees Isn’t Bad News
Tweet Share on Facebook October 19, 2011 Comment (2)As if banks needed more bad press, a few of them decided to levy new fees on checking accounts. Many people are understandably upset with the move, feeling like they are catching no breaks in this tough economy. Yet, more fees won’t be all bad news, especially when it relates to our retirement picture. Here's why banks trying to make more money off of us could even help our personal finances in the long run.
