Estate planning is for everyone, and everyone should strategize their estate planning. Unfortunately, the misconception is that only people with lots of money should plan ahead. In reality, those with less money need to strategize just as much, if not more. You don’t have to have millions or a complicated family situation to want to… Read More »
There are so many benefits to retiring abroad, from cost of living to enhanced life experience. Have you ever considered retiring abroad? I can’t say that I had either. I can tell you that I had always pictured myself moving somewhere warmer in retirement. Having grown up and lived my whole adult life in the… Read More »
“How much money do you need to retire comfortably?” is a great question to be asking. Before answering, however, you also need to consider: “When do I want to retire?” and “Where do I want to retire?” Question #1: When or At What Age Do I Want to Retire? Of course, the answers to ‘how… Read More »
Like me, you’ve probably been dreaming of retirement. Maybe your picture includes travel to places you’ve never been before or just being able to relax with no stress. But now, you are wondering how to retire: what are the steps to make retirement a reality? This retirement transition checklist can be a great resource for… Read More »
Are you saving enough for retirement? How much money is required to retire? How long will my money last in retirement? And, have you considered what size retirement money withdrawal will be safe on a monthly basis? You really need to consider two pockets of money, or two kinds of capital, for a successful retirement. … Read More »
With the word “security” in the title, you would hope that it is pretty secure. Many people are asking, “Will Social Security be around when I retire?” And, “If Social Security runs out before I retire, what am I going to do?” — If you’ve asked those questions, you are not alone. Social Security’s future… Read More »
As soon as a person enters the workforce, they should start thinking of the endgame and ask, “How much should I be saving for retirement?” Why? Because it makes sense and being prepared is never a bad thing. The amount of disposable income you have in those early days may be limited and you may… Read More »
While the day you retire may be the “end” of a successful career, it is also the “beginning” of a new and wonderful life. There are many ways to enjoy life after retirement. It’s also possible to get stuck pondering what to do in retirement. So, here are three great questions you can begin wrestling… Read More »
You’ve planned for retirement; but what if that plan goes sideways or something unexpected comes up to delay your plan – then what? It’s important to be aware of common baby boomer retirement challenges, mistakes, and pitfalls and studiously avoid them. While any one of these retirement issues alone may not put an end to… Read More »
Developing a sense of how much money you need in retirement should begin long before you plan to retire. Still, it’s a good question to ask yourself at any point: “How much money will I need to retire?” It doesn’t take a rocket scientist to realize that calculating retirement income needs is big business. Just… Read More »