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6 Ways to Get the Most Out of Social Security
Tweet Share on Facebook May 7, 2013 CommentSocial Security took a cut out of every paycheck we ever earned, and the money was used to pay benefits to our grandparents, parents and older siblings. Now, finally, it’s our turn, and it’s only natural that we want our benefits, too. Yet the rules for collecting Social Security are incredibly complicated, and vary depending on your marital status, how long you worked, where you worked and when you retire.
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How One Texas Couple Saved Their Retirement
Tweet Share on Facebook May 6, 2013 CommentRobert Coleby worked as a firefighter in Corpus Christie, Texas, for 26 years. Over the past few years, as retirement was drawing near, Coleby and his wife, Katherine, came to a realization that was a bit of a shock:
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What Does Retirement Mean to You?
Tweet Share on Facebook May 3, 2013 CommentWe each have a slightly different view of what retirement will be. At some age—historically around 65—we will stop working for a living and begin to transition into our second act. We will then have time and freedom of choice to do what we want to. But the vision of the ideal retirement is often very different from person to person.
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7 Reasons to Downsize After Retirement
Tweet Share on Facebook May 2, 2013 CommentIf you are near retirement and looking for ways to cut expenses, downsizing to a smaller home is a great option worth considering. Once the kids have moved out, you probably don’t need all that extra space anymore. Luckily, the housing recovery is starting to pick up and home prices are growing fast. Here’s why downsizing could improve your retirement finances:
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CNBC’s Ratings Decline is Bullish News for Investors
Tweet Share on Facebook May 2, 2013 CommentAccording to published reports, ratings for CNBC have dropped dramatically. Viewers of its morning business shows are down 10 percent. Big name shows like Squawk Box and Closing Bell have declined for four straight quarters. On April 23, only a pathetic 99,000 viewers watched Squawk Box.
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Consider El Cangrejo, Panama for Urban Retirement Overseas
Tweet Share on Facebook May 1, 2013 CommentIf full-fledged city living is what you’re looking for in retirement, Panama City is the only place in Central America that qualifies. It’s the only true cosmopolitan choice in the region. Compact as it is, however, Panama City is not one choice, but many.
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Why You Need More Bonds as You Get Older
Tweet Share on Facebook May 1, 2013 CommentThe Fed's stance on increasing money supply has pushed interest rates so low that some experts are jumping on the bandwagon of calling for investors to reduce their bond holdings before interest rates rise.
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5 Tips for Transitioning to Full-Time Retirement
Tweet Share on Facebook April 26, 2013 CommentWhen the time comes to retire, will you be ready to make the move? It has taken many of us 65 years to arrive at this crossroad. After years of planning and saving, some individuals will be anxious to transition into retirement with a bang, while others may fade into retirement as they are forced out of jobs. What we all have in common is that we have never done this retirement thing before. What if we are not very good at it?
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4 Financial Tips for the Sandwich Generation
Tweet Share on Facebook April 25, 2013 CommentIf you have a parent age 65 or older and provide financial support for a child, you are part of the sandwich generation. According to the Pew Research Center, nearly half (47 percent) of adults in their 40s and 50s care for both an aging parent and a child. This can be tough on your finances, and it will make retirement saving much more difficult.
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A Billion-Dollar Misunderstanding (in Gold)
Tweet Share on Facebook April 25, 2013 CommentThere are small misunderstandings, like the one chronicled by Robert Grover in his cult book, “One Hundred Dollar Misunderstanding”. Then there are really big ones.
