When you start thinking about retirement, it’s likely that two things spring to mind first: how you’re going to spend your time and how you’re going to fund all the activities that you want to partake in. For a lot of seniors, the latter overshadows the former, particularly since saving for retirement isn’t as easy …
9 Ways to Manage Your Time Like a Pro During Retirement Read More »
According to a 2019 survey by Transamerica Center for Retirement Studies, two-thirds of millennials, Generation X, and baby boomer workers believe they will retire with a comfortable lifestyle. You could spend a lifetime in order to cover your retirement costs, traveling, healthcare, and hobbies but, from time to time, surprises may arise that could ruin …
Are Your Retirement Savings Safe? 6 Surprises That May Derail Your Retirement Plans! Read More »
In America, the traditional retirement age is 65. Some seniors retire way earlier while others chose to stay in the workforce for longer. In some cases, this is a must in order for them to finish saving up for years of retirement. In other cases, individuals may not need to retire if they’re in good …
Do You Want to Retire Early? Then These 10 Jobs Are the Way to Go! Read More »
Whether your retirement is years down the line or just around the corner, it’s a good idea to have a solid plan for how you’re going to spend it. A lot of people have a vision of retirement that’s really rather dream-like what with all their free time to do whatever they please. But for …
Generational wealth, also known as legacy or family wealth, is passed down from generation to generation. On this page, we’ve talked at length about how seniors can save money for a comfortable retirement. In some households, the money people save up is just enough to cover retirement costs. But what about those who wish to …
Do You Want to Pass Wealth on to Your Kids? Here’s How! Read More »
Many older American adults look forward to their retirement years. During this stage of your life, you should have enough time to forget about work entirely and focus on family, friends, your hobbies, and hopefully a bit of traveling. If you’re looking to retire soon, those goals may be a lot closer than you realize. …
Do You Want to Retire in 2021? Click for Your Final 6 Steps! Read More »
On paper, saving for retirement isn’t all that complicated, right? You simply start budgeting to make room for saving and then put money aside every month or even every week. It’s only when you look at the bigger picture that you start to realize that it’s not all cut and dry. Sure, the bottom line …
6 Differing Retirement Goals You Need to Balance Out ASAP Read More »
Retirement isn’t what it once was. You’re probably thinking of your parents and grandparents and how easy it all seemed for them, especially thanks to employer pension benefit programs. Is your nest egg going to look similar to theirs or do will you have to face a variety of roadblocks? Raising costs of living, health …
9 Retirement Statistics That Will Help You Prepare Your Nest Egg! Read More »
If when you think about moving during retirement all sorts of financial alarm bells start ringing in your head, we’d like to stop you right there! Sure, the initial financial toll might be a little daunting, what with moving costs and having to budget heavily in order to make the switch more affordable, but it …
10 Do’s and Don’ts You Have to Consider Before Moving During Retirement Read More »
Though 2030, baby boomers will be over the age of 65, a perfect time to leave the workforce, settle down and retire. That’s when most experts estimate a majority of people will retire. Now, in 2020, some 10,000 seniors retire on a daily basis, twice as many as back in 2000. With such high numbers …
13 Financial Miscalculations That Could Ruin Your Retirement Read More »
Seniors who are receiving Social Security benefits along with those who are planning on retiring soon know that with every new year, the program changes. Any changes related to someone’s finances shouldn’t be ignored, ever, which is why we’ve prepared a list of 5 things to look out for. Perhaps, given your current monetary situation, …
5 Important Changes to Social Security Benefits in 2021 Read More »
Baby boomers, it’s time to take a good, hard look at your retirement savings. The frightening reality is that 40% of people over the age of 55 have less than $50,000 while one third have even less than $10,000. Does that sound like a comfortable nest egg? Are you part of these statistics? Very few …
Caught up on Your Retirement Savings? Here Are 10 Easy Steps! Read More »
We often talk and think about our investments. The closer we get to retirement age the more an uneasy feeling takes over… do we have enough money to last us? Did we make the right calls with our investments? Should we downsize now or later? But here’s the thing! There are certain types of investments …
10 Ways to Invest in Your Retirement Without Saving Money Read More »
Financial advisors will give you differing advice when it comes to your retirement contributions. Is it ever wise to put them on pause? Some say it is, some say you’d be doing your future self a huge disservice. But let’s face it, life isn’t always perfect. There may come a time when paying for something …
Should You Ever Stop Saving for Your Retirement? 8 Financial Considerations! Read More »
Lots of people put off starting to save for retirement. We can’t blame them, even the first step is complicated. How do you know you’re picking the right account? Which investment vehicle should you choose? How will it all look decades down the line? As with anything, taking that first step is the most important …
Here’s How Your 401(k) Plan Will Help You in Retirement Read More »
