Retirement Planning

When it comes to retirement planning, everyone’s goal is pretty much the same: save enough so that you may live comfortably in your non-working days. But for a majority of Americans, this is easier said than done. While Americans do place goals like having a secure retirement high on their list of financial priorities, their […]

Is it really possible to retire a millionaire by investing just $35 a week? Money management expert and financial author, Dave Ramsey, seems to think so. He claims that it is possible even for those of us who don’t have an abundance of disposable income.  While we may find it hard to save for retirement, […]

There’s no single way to go about planning for retirement. That’s not just true from person to person. It also changes dramatically as you age. Good retirement strategies for you at 25 aren’t the same as when you’re 40 or 60 years old. In fact, retirement planning will look a lot different, and it should. […]

The retirement calculator is an excellent retirement planning tool because it makes it easier for people to get a more accurate picture of what their financial needs will be in retirement. But this free tool can only help you plan for retirement if you actually incorporate what you learn into your own retirement planning. Below, […]

Stephan Baldwin is the Director of Business Development for Assisted Living Center, an online resource for aging care communities. You’ve worked…you’ve saved…and now it’s time to enjoy your retirement years. You may think you have enough in your accounts to get through the next 25, 35 or even 45 years (and that may be the […]

As a population, Americans are living longer now than ever before. While naturally this is good news, increased longevity of lifespan has serious financial implications for your savings and even your ability to live comfortably during retirement. But with 78 million Baby Boomers (born between 1646-1964) entering or approaching their retirement, the U.S. faces a […]

Retirement life isn’t what it looks like from the outside, not even if you’ve planned it down to the nth detail. Because of that, more than one pre-retiree has lost a little sleep worrying about what’s to come, and whether they’re ready for it. You can’t really know, but you can get a good idea […]

Early retirement isn’t an unattainable dream. It’s what you want out of life now and in retirement that determines when you can retire. An early retirement is not the easiest thing you’ll do, but the best things in life usually aren’t. Use an early retirement calculator to find out if you have what it takes […]

The more you read, the more you know, and the more you read about retirement planning, financial planning and personal finance the better off you’ll be. You could do a quick Google search and unearth more financial planning blogs geared toward retirement than you could shake a stick at. But financial advice is fairly sensitive, […]

Not everyone has a million-dollar investment portfolio that one day will turn into retirement income. For most people, retirement isn’t filled with world travel or wining and dining. It’s just another phase of life, and one that takes careful budgeting. For those of more modest means, retirement might seem scary. When you think about the […]

A typical retirement plan might be to guard your savings and investments to stretch them out through an unknown period of time. With Americans enjoying longer and longer lives, that’s a rational concern and goal. Along with managing their finances scrupulously to make it last, many people want to leave something of a legacy for […]

There is no shortage of retirement income advice.  And, anyone can make a prediction about  how much you will need for a secure retirement. Much of this guidance is based on sentiments that have more or less stayed the same for at least a few generations. But what if that advice is wrong?  It might […]

When it comes to retirement plans, what’s best for most people may not be best for you. You may sometimes need to go against traditional advice instead to create your optimal retirement plan. Consider how these common tips could affect you before deciding whether to incorporate them into your retirement plan. Rethink Retirement Advice to […]

Some things, you can set and forget. They’re better off left alone. Like roses, for example. The more you fuss over them the more they’ll grow sickly. But growing your money isn’t like raising a beautiful grandiflora specimen. Retirement planning requires attention, and it needs it regularly. You don’t have to be a financial expert […]

Single parents are powerhouses of efficiency. But one real drawback is that you might spend so much time focusing on providing and holding together the household that your own future gets put on a back burner for later. Kids might need braces, and there’s college on the horizon, too. But you can’t help everyone around […]

A whopping 86% of Americans feel there is a retirement crisis upon them, and many have little faith in the government to help. How big is the crisis? Who is to blame?  What can we do to protect ourselves? How Big is the Crisis? So, how many people are truly financially unprepared for retirement?  The […]

Retirement calculators are everywhere now, and the better ones can help you save more money. That means more retirement income when you need it, and a more effective way of getting it. The calculator idea is simple, at least from the front end. Enter your information, and out pops your summary. On the back end, […]

You might not earn as much as a professional athlete, but if you want to retire early you could face some of the same challenges. Traditional retirement planning advice doesn’t lean toward deliberately short careers and long retirements. It’s usually just the opposite. So if you’re a high earner and do want to leave the […]

The day you decide to do it is your lucky day – Japanese Proverb Have you ever thought that some folks are just born lucky? Sometimes it’s not really luck at all, but good, solid planning and a keen eye for making the right choices at just the right time. As it applies to retirement […]

Whether retirement is near or a long way off, your plans could probably use a boost. Once you’ve been in the workforce long enough, you’ll know that cost-of-living increases are a fact of life. And chances are by the time you retire, the economy will bear little resemblance to what it’s like now. This is […]

It’s no secret that Americans’ retirement security is shaky at best. But when the President is worried about our financial security, that should be a wake-up call —  no matter your political affiliation. “Too many older Americans leave the workforce without having saved enough for retirement,” Obama said during the recent White House Conference on […]

The times… they are a changin…. again…. And changing is what we are doing.  In fact, 16% of workers say the age at which they expect to retire has changed in the past year, according to the 25th annual Retirement Confidence Survey, conducted by the Employee Benefit Research Institute (EBRI) and Greenwald & Associates. Of […]

It’s never too early to think about how you’ll one day transition out and retire. Leaving the workplace for good can be a shock, regardless of whether you’re looking forward to it or not. Many people spend years planning for retirement and looking forward to the day when it arrives. But for others who really […]

No matter how much retirement planning you do, you cannot know whether your plan will work for you until you put it into action. Much like test-driving a car or trying on a shirt before you buy it, testing out your retirement plan to see if it fits can be a great way to see […]