Retirees’ Top Financial Concerns All Revolve Around This 1 Thing

25 Mar

Though retirement is an exciting milestone to look forward to, the idea of it can be nerve-wracking. After all, there’s a host of financial unknowns associated with retirement, and living on a fixed income leaves many seniors struggling to make ends meet. More >>

20 Best US Cities for Retirement: 2018

21 Sep

A survey of American workers earlier this year showed that two in three were at least somewhat confident they would have enough money to retire comfortably, but only 17% said they were very confident they would be able to do so. More >>

9 Retirement Planning Steps Experts Want You to Take Before You Turn 50

23 Apr

Forty percent of American workers aren’t confident that they have enough money to retire, according to a 2017 study by the Employee Benefit Research Institute. But as is the case with any challenge, the sooner you start preparing, the easier it is to achieve your goal. More >>

Do These 5 Things Right Now to Make Sure You Have Enough Money to Retire

19 Mar

For years, financial planners have espoused general formulas for determining the amount of income people will need in retirement. The most popular: the “70% rule,” which suggests that retirees will need to replace just 70% of their preretirement income to provide for their living needs in retirement. That may have been an effective guideline a few decades ago when the rule was established. However, relying on it today may be fraught with financial peril. More >>

How Millennial Leaders Can Create a Realistic Retirement Plan

26 Feb

Millennials might be accused of mindlessly spending their paychecks on avocado toasts and online shopping, yet up to 58% of them are also putting some money away for retirement. That’s the good news. The bad news is that millennial leaders aren’t saving enough, and they have some pretty unrealistic ideas about the whole thing. More >>

3 Secrets for a Better Retirement in 2018

12 Feb

Retirement, like all life stages, is a work in progress. Whether you’ve been out of the paid workforce for days or decades, there’s always room for tweaks to improve your finances—and your fun quotient. “No matter what step you’re at, take some time to say, ‘what’s next?’” advises Keith Lawrence, co-author of Your Retirement Quest.

Here are three steps for making your retirement even better in 2018. More >>

Do I Still Need Life Insurance Once I Retire? Your Questions Answered

15 Jan

Do I need life insurance once I retire? Just because you’re retired doesn’t necessarily mean you’re financially sound.

The bottom line is this: If you owe someone, love someone, or someone depends on on you financially, you need life insurance. And just because you’re retired or old doesn’t mean those three things go away. More >>

Precisely Follow This Savings Plan and You Can Retire in 15 Years

6 Nov

When you think of retirement, you most likely believe that means working until you’re in your 60’s, but here’s the thing: retirement is a financial number, not a specific age. This means that if you follow the following savings plan, you’ll be able to retire in fifteen years or less, regardless of your current age. More >>

7 Ways Retirement Planning Changes When You’re Single

23 Oct

It can sometimes feel like everything is created with couples in mind — including retirement planning. When every article, tip, and suggestion for retirement starts with the assumption that you are married, you might be forgiven for assuming that retiring solo is just a matter of cutting retirement planning advice in half. More >>

4 Financial Planning Essentials to Ease Retirement

18 Sep

When it comes to planning for retirement, it’s easy to get overwhelmed. Putting together a financial strategy can be complicated at any time of life, what with changing regulations, ups and downs in the market, and disagreements — even among the better-known investment advisers — about the best ways to save and spend money. But the closer you get to actually stopping that regular paycheck, the scarier things can get. More >>