10 Sources of Retirement Income

I think it is important to make your money work harder than you do. Money is always moving. Think about how inflation will effect your money. If you are not earning money on compound interest then you are losing more than you think. We planning for retirement, my philosophy is make every penny work for you. Invest Invest Invest....and associate yourself with friends that have money or at least the desire for prosperity...Hopefully their traits will rub off on you. No, I'm not like Oprah, but I will always take the time to communicate with real people.

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PreeShows of GA 2:34PM November 01, 2009

I was just wondering who is Emily Brandon. Whenever I read an article concerning financial advice I like to know the sources used and the background of the person writing the article. How many years did she work in the financial industry? How many families has she helped personally protect their retirement?

I googled her and came up with nothing.

I e-mailed US News and I am waiting for a reply. My suggestion to readers of all financial magazines and blogs is to know where the advice comes from or you may find yourself in a worse situation than you are now.

Mark Fried of PA 10:06AM June 18, 2009

Great article and the timing couldn't be more perfect if only the Administration was willing to follow the advice of its citizens we would as a Nation and society be much better off. Debt is the number one killer of any financial plan especially long term and compunding. You see it happen all day long in the corporate and business world, when business is down you downsize to protect yourself from all the overhead costs that are ravaging your profit margin, when a captain of a large freighter is in a battle with a storm first thing that starts going overboard is excess freight. Unfortunately we as the world's largest "consumers" are not learning the every day lessons. You cannot borrow your way into retirement, you have to plan, save and invest with your only true wealth generator, your income, and eliminate all debt as quickly possible. Then and only then when you are truly debt free and have positive cashflow from all the mentioned sources will you be truly able to retire and provide for future generations.

Luis Alvarado, Lamp Financial Services of FL 3:43PM May 18, 2009

I have two comments on this:

1) I'm a fan of the Rich Dad Poor Dad theory that you need to invest in assets - not liabilities. The author of Rich dad made his fortunes by investing in homes and businesses that produced a diversified stream of income. If more people were investing in these alternative kinds of income sources, they would be way less dependent on greed-laden corporate america to fund their retirement.

2) and for those who want to try their hand at self-directed IRAs and solo 401(k)s where they can tap their retirement funds to invest in something like real estate, they should take a hard look at if they really need a custodian. there are companies out there that enable you to administer and custodian your own self-directed account without paying huge, unneeded fees.

Jennifer of CO 2:57PM April 25, 2009