Category: Retirement Planning
It wouldn’t be a lot of fun to run out of money. What is the number one concern about retirement? Running out of cash is the answer. However, there are steps you can take to reduce the chances, according to the AARP Bulletin’s article “4 Steps to Make Your Money Last a Lifetime“. Some guidelines […]
If you are fortunate enough to have an employer match, the end results are even better. The IRS has raised the contribution limit for a 401(k) plan by $500 next year and it can make a difference over the years in your retirement fund, according to The New York Times in “I.R.S Is Raising 401(k) […]
Strong finances and a full social life can often be the keys to success. There can be happy retirements and there can be challenging and perhaps even unhappy retirements. However, the state of those years is often created long before retirement age arrives, according to U.S. News & World Report in “Retired and Loving It? […]
Many retirement strategies are often presented in Hollywood. Even though it is an unlikely source of planning for retirement, the movie industry often leads to the thought process about the later years of life, according to USA Today in “Hollywood can inspire you to save more in your 401(k) for retirement“. If you remember Jack […]
There are ways to make both members of the couple knowledgeable about finances. There can be a high cost to the surviving member of a couple if the member who passed away was the person who handled all of the household finances, according to The Wall Street Journal in “When One Spouses Handles Finances“. The […]
Planning for retirement may be a hard job. However, it can turn into some joyful years later in life. Planning for your retirement is not only a big job but a really important and serious job that can be used to create a pleasant and even youthful retirement that has a good chance of being […]
Decide where you want to locate and then study the opportunities and drawbacks. So, you are retiring. Where do you want to live? What’s the attraction? What is the cost of living? Taxes? Medical facilities? The list is long but there are some factors to look into that can be helpful in the decision making, […]
It doesn’t just kick in. You have some work to make it happen. Retirement is a general word that includes Medicare, Social Security and many other retirement options and those can become challenging and confusing, according to newsok.com in “The ABCs (And D’s) of Medicare and other retirement questions answered“. Both Social Security and Medicare […]
The market may be ready for an adjustment and you and your retirement plan should be as well. We know that sooner or later, there will be a market correction. However, if you are getting anywhere near retirement, you need to be prepared to make adjustments to your retirement plans, according to the Associated Press […]
As it turns out, your adult children may be helpful in making the transition to retirement. Your adult children may be interested in helping you create a retirement plan that works best for you and your family, according to Next Avenue in “How Your Adult Children Can Help You Plan for Retirement“. Here are three […]