• Money
  • Planning to Retire

Planning to Retire

June 2011


5 Surprise Retirement Costs

By |

You may be able to reduce or eliminate some expenses when you retire including your mortgage, commuting costs, and office attire. But you are also likely to encounter new costs in retirement that you may be unprepared for. Here are five expenses that may appear suddenly or significantly increase ...

Read More

TAGS:
retirement

How Retirees Spend Their Days

By |

Many people dream about how they will spend the eight or more extra hours per day they will have once they no longer need to go to work. However, Americans between ages 65 and 74 only spend about 1.7 hours more per day on leisure activities than the population as a whole, according to the most ...

Read More

TAGS:
retirement

Gen Y Takes on More Risk in 401(k)s

By |

Automatic enrollment of new employees in 401(k) plans is causing young investors to take on more risk within their 401(k) plans than previous generations did at the same age. Many young employees are invested in target-date funds by default, which tend to have high concentrations of equities for ...

Read More

TAGS:
retirement

5 Ways to Pick a Great Place to Retire

By |

A good retirement spot generally has quality medical facilities, affordable entertainment options, and plenty of scenic beauty and sunshine. Many workers are also looking for a place to retire that is more affordable than where they live now, according to a new Gallup survey of 1,099 adults with at ...

Read More

TAGS:
retirement