On Retirement

April 2011


How to Save Money on Health Insurance

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If you are paying for your own health insurance, you may be able to save money by switching into a high deductible health plan and using a health savings account. According to research by the trade group America’s Health Insurance Plans, about 8 million Americans were enrolled in a high deductible ...

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retirement

Happy People Save More Money for Retirement

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More than half of Americans report having less than $25,000 saved for the future, according to a 2011 Employee Benefit Research Institute survey. An Associated Press and LifeGoesStrong.com poll found that 25 percent of baby boomers have no retirement savings at all. And the American Institute of ...

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retirement

6 Reasons to Tone Down Your Inflation Worries

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Inflation can be challenging for retirees to cope with because it will eat away at the purchasing power of your savings. You will need to spend a little bit more of your savings each year to maintain your current lifestyle. But the impact of inflation will not be as bad as some people are saying.

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retirement

Why 401(k) Loans are a Bad Idea

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Many Americans facing financial difficulties see borrowing from a retirement account as a reasonable solution. When you borrow from your retirement account, you pay yourself back with interest. While this is a tempting thought, you should realize that there are consequences to borrowing from your ...

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retirement

Why Nicaragua is a Retirement Haven

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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.

In all these years of traveling, living, and doing business around the world, only a handful of countries have gotten ...

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retirement

7 Side Business Ideas for Retirement

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Individuals 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 ...

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retirement

How to Find Health Insurance in Retirement

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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 ...

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retirement

5 Places to Retire for Under $500 per Month

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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.

It's important to note that, for these bargain rents, you won’t be getting a palatial or luxurious ...

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retirement

Cutting Small Expenses Can Mean Big Returns

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Investors are always searching for something that will correlate with high returns. Typically, they search for a broker or adviser who can pick stocks, time the markets, or recommend the next hot fund manager. Unfortunately, there is no evidence anyone has these skills and abundant data indicates ...

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retirement

Delay Retirement by Redesigning Your Job

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Many older Americans say they want to retire because they dislike working, but finances force them to stay on the job. Others would like to work longer but hate their job. Then there are those who would enjoy working longer if they could reduce the demands, stress, or boredom associated with their ...

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retirement

Why Saving For Retirement Isn’t Enough

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The basic rules of personal finance are simple to understand: Spend less than you earn, save for the future, and repeat the process. In principle, it sounds easy. But there is more to retirement planning than just saving whatever you have left over at the end of the month. Here are several other ...

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retirement

5 Ways to Hedge Against Retirement Unknowns

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There are several aspects of your retirement plan that are beyond your control. Things like investment returns, life expectancy, future tax rates, and inflation all will have an effect on whether you have enough money to retire comfortably. Since you can't fully predict any of these variables, here ...

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retirement