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6 Reasons to Make a Retirement To-Do List
Tweet Share on Facebook October 27, 2010 Comment (1)Many people work hard all their lives, while thinking, discussing, and dreaming about their retirement. But not many people actually know what they want to do after they leave behind their 9 to 5 job. Many individuals think they will figure it out later. Starting a retirement to-do list well before you tell your boss you are done can motive you to save for retirement. Here are some reasons listing your post-retirement goals can help make retirement planning easier.
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Why You Need to Invest In What You Know
Tweet Share on Facebook October 26, 2010 Comment (2)I can't think of anyone better to look to for investment advice than Peter Lynch or Warren Buffett. Lynch and Buffett are legendary investors who have amassed billion dollar portfolios through sound investment strategies, one of which I want to share with you today.
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The 3 Best Places to Retire in Panama
Tweet Share on Facebook October 25, 2010 Comment (7)Panama is one of the world’s top retirement havens. However, in this country, you have three dramatically different lifestyle options to choose among: the city, the beach, and the mountains. Here are the best places in Panama to live each of these retirement lifestyles.
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3 Reasons to Start an Emergency Fund Before Saving for Retirement
Tweet Share on Facebook October 22, 2010 Comment (2)We talk a lot about saving for retirement and rightfully so. But many people get started with retirement savings without establishing a baseline of financial security for themselves: an emergency fund. A sound financial practice is to have 3 to 6 month's worth of living expenses in an easily accessible account to help you in case of an emergency. Here are three reasons to set up an emergency fund prior to investing for retirement.
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3 Ways Your Home Can Help Fund Retirement
Tweet Share on Facebook October 21, 2010 Comment (2)Earlier this decade, many homeowners overbought or over-borrowed, treating their home as if it were an ATM. This dangerous attitude was premised on a false belief (or hope) that constant increases in home values and home equity were a sure thing.
Then 2008 happened.
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The Importance of Negotiating Your Salary
Tweet Share on Facebook October 20, 2010 CommentCareer advice and retirement may seem like polar opposites of each other. The start of retirement is usually thought of as the end of our career. Yet, wealth accumulation is one of the most important parts of achieving your dream retirement. To generate more income you need to boost the size of your paychecks. Here are three reasons to negotiate your salary this year.
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Your 401(k) is Not a Savings Account
Tweet Share on Facebook October 19, 2010 CommentOne of the positive affects of the recent recession was the general shift from spending to saving. The realization that not all jobs are secure made people think twice about how much they spend, resulting in a higher savings rate than our nation has seen in years. With more attention focused on saving money, it becomes necessary to understand where you should save and how to set savings goals. For most people, there are three types of savings goals: short-term, medium-term, and retirement savings.
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Retire Overseas Success Stories
Tweet Share on Facebook October 18, 2010 Comment (2)There are many reasons to think about retiring in another country. In some beautiful, sunny, friendly, and safe places around the world, a modest retirement nest egg could buy you a comfortable, interesting, and adventure-filled retirement lifestyle. But could you really do it? Can an average person leave family, friends, home, and hearth behind and take off for exotic foreign shores at this stage of life? Here are some retire-overseas success stories from readers.
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3 Ways to Get Free Money for Retirement
Tweet Share on Facebook October 15, 2010 CommentYou could be getting free money to put towards your retirement savings. It's true. And I'm not talking about free money from government grants or unclaimed property, like those late-night infomercials promise. This is real money and a lot of it. Here are three easy ways to get free money for your retirement.
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6 Self-Deceptions that Can Ruin Your Retirement
Tweet Share on Facebook October 14, 2010 CommentWhen you create a retirement plan, honesty and reality are the best policies. But sometimes we deceive ourselves by thinking that we will save more money for retirement when we are older or that our children or a former employer will take care of us in retirement. Here are six retirement planning misconceptions that could destroy your chances of a comfortable retirement.
