No matter what your retirement dreams might look like, just thinking about it won’t make your wishes come true. Don’t get us wrong, thinking about what you want to do during your golden years is the very first step you need to take in order to start planning. It’s all a bit like making a …
The Coronavirus pandemic has reached startling numbers across the globe, so it’s unsurprising that tips regarding your health and safety are surfacing online at every turn. It’s true, there are many things you can do to keep safe. Practising social distancing, washing your hands (for at least 20 seconds) and avoiding touching your face are …
7 Facts About How Corona Virus Really Affects Your Retirement Savings Read More »
Plenty of people who are approaching retirement age are wondering if they’ll be able to exit the workforce during their golden years. It’s true, some might not even want to. But for those who are looking forward to retirement, it’s important to ensure there’s enough money left over to ensure you’re comfortable and happy. What …
Every single senior’s retirement journey is different. Some work past their retirement age because they love what they do and their health allows it. Others have no choice but to keep working, typically because of precarious financial conditions. But have you ever wondered just how many people still work past the age of 65? Here …
Find Out if You Can Still Work Through Retirement in the USA Read More »
15 signs that your employer wants you to retire? If you’re thinking that it’s (mostly) illegal for anyone but yourself to decide when to take the big step. Thanks to the Age Discrimination in Employment Amendments of 1986, you’re absolutely right, with the exception of a few professions. But that doesn’t mean there aren’t some …
Does Your Employer Want You to Retire? Here Are 15 Ways to Tell! Read More »
Younger generations can always learn useful and interesting things from the stories and experiences of older generations. When it comes to millennials, they can either try to do things on their own terms and make the same mistakes over and over again or they can heed the sage advice of people who’ve already been there, …
20 Life Lessons Millennials Can Learn From Seniors Read More »
Saving for your golden years is extremely important if you want to have a comfortable and pleasant retirement. Compared to other retirement plans, 401(k) plans seem like the best option out there. What other plans allow you to make pretax contributions, tax-deferred investments and obtain free money through an employer match? Regardless of these advantages, …
12 Ways to Improve Your 401(k) Plan While You Still Can Read More »
Writing a will is a crucial part of anyone’s life, especially as we get older. It’s not only important on a personal level in terms of closure, but it’s also something we each have to do for our loved ones. Once we’re gone, our friends and family will have a difficult time not only dealing …
Want to ensure that your golden years will truly be golden? There are no two ways about it, you have to think of everything. Before you get to the cozy, comfortable side, you have to march through a lot of issues, what if’s and facts. Avoiding these could turn out to be disastrous for your …
Most people will tell you that if you’re planning to move for your retirement, you should focus heavily on finances. That’s far from wrong, but there are many other factors you should consider. Whether you’re moving to another city, state or country, we’ve prepared a list of things to look out for. But why do …
10 Best and Worst Things to Do When Looking for a Place to Retire Read More »
Retirement comes with numerous perks and advantages and it’s no wonder many people dream of retiring early and spending their newfound freedom doing the things they like, not having to spend their money on commuting or on expensive clothes for work. However, you might need to pay more for other things as you use more …
9 Costs You Should Consider When Drafting Your Retirement Budget Read More »
401(k) plans are the most popular types of employer-sponsored retirement programs, providing a whole host of tax benefits, automatic savings features and potentially free money in the form of an employer match. But 401(k) plans also come with their very own set of disadvantages, most of which you’ve never even heard of. If you want …
10 Hidden Drawbacks of 401(k)s That Will Leave You Speechless Read More »
Fake Websites or Domains When you are shopping online you should keep in mind that not all retailers are legitimate and you can easily stumble upon a fake website. Placing an order on these kinds of websites might result in you receiving a knockoff product, nothing at all or something completely different from what you …
15 Tips to Avoid Being Scammed When Shopping Online Read More »
During retirement, one source of income that a lot of seniors depend on is Social Security. Financial advisors often remark on the fact that we should consider ways of supplementing our retirement funds through IRAs, 401(k)s, pensions or other forms of savings. That is because estimates show that Social Security alone is not enough to …
Saving and spending go together like traffic and weather. That’s because before you decide how much you need to save for a comfortable retirement, you must determine how much you will spend in retirement. When it comes to retirees, it has been estimated that they require around 80% or more of their preretirement income to …
