Retirement Archive

Retirement in COSTA RICA or NICARAGUA for Baby boomers Imagine waking to the most spectacular ocean views on the Pacific coast. Think of spending your days enjoying sand, warm surf, or perhaps a round of golf. …

The over 55s will only be too aware that their health and fitness will likely decline at some point and may decide to downsize to a more manageable property in the years after their family …

Retirement doesn’t have to mean padding around the house doing odd jobs just to fill your days. Think of leaving the job force as an opportunity rather than a requirement of the workplace due to …

Retirement, the dream of many who hope one day the lifestyle becomes reality. But, numerous articles have been written along with the evening news blurbs explaining how savings will not meet expectations. Then again, each …

Retirement is a dream destination for most working people. Visions of vacations abroad and slow-paced days without the pressure of email notifications or meeting for the sake of meeting fill the minds and hearts of …

Today’s baby boomer retiree is a bionic retiree: younger, faster, healthier and more adventurous than the average retired person from past generations. Baby boomer retirees have the world at their fingertips; their life is full …

Life is the journey, not the destination. Is your destination a comfortable, independent retirement? A dream home? Buy an RV and travel the country collecting idiotic tee-shirts? For any dream that takes money to realize, …

Like most questions, there should never be a simple, nor single answer. Any kind of borrowing has to be matched with the nature of the debt being retired. For example, short term debts, like buying …

Rolling over a 401(k) into an Roth IRA is an important decision that can affect your long-term retirement goals. For many people in America today, a 401(k) is the only type of employer sponsored retirement …

According to the U.S. Small Business Administration, nearly 9.9 million workers in the United States were self-employed in the second quarter of 2012, and that figure does not include those whose businesses are incorporated. If you …

My first question is: Retire from what? The obvious answer would be retiring from one’s job, but a more accurate definition might be retiring from someone else’s claim on my time and resources. If I’m …

Retirement baby boomer style is about a better quality of life than their parents before them; not just in finance but in health and vitality. But, the baby boomer retirement places new pressures on the …

In order to understand when to rollover a 401(k) into a Roth Individual Retirement Arrangement (IRA) it may be ideal to introduce both concepts. To begin with they are both a type of retirement preparedness …

A lot of people struggling in difficult economic times wonder how they’re going to make ends meet now, let alone set aside money for retirement.  But if you put your mind to it, chances are …

Retirement planning is very important. In fact, it must be a priority for everybody regardless of whether or not one is an employee, self-employed or a business owner. Retirement is basically a time when you …

This depends entirely on your situation when you retire. Do you own your own home? Are you renting? If you own your own home and you are still paying on it, there isn’t much you …

Seniors, who have retired, have been returning to the job market. This is from boredom or from financial insecurity. No matter what the reason, seniors are making a comeback, after they have retired. Most Seniors …

Start early planning for retirement. Preferably this will have started with that first job. Even modest amounts of money when invested will have created large dividends when held over a long period of time. Although,it …

As we near our 50’s we feel like it is time to slow down and enjoy life more. Our kids are out of the home, we are getting closer to retirement and we feel like …

I don’t see why you have to wait until you retire to cut your food costs. It is always a good idea to cut down on costs no matter what your age is. However, once …

There is a quotation widely attributed to Albert Einstein to the effect that “Compound interest is the most powerful force in the universe”. Now, there is disagreement about whether or not he actually said that …

Studies reveal that the majority of Americans are not prepared for retirement when the time arrives.  Moreover, statistics are showing that longevity is increasing as some seniors are outliving their savings.  Rising food and health …

Retirement is a time to relax and enjoy the labour of your active days at work. However, this will be a mirage if there are no intentional financial plans to ensure a meaningful retirement. Profligate …

The Boston Globe recently conducted a study showing that more than half of baby boomers are going to have to work past their retirement age. Most baby boomers don’t have enough money saved to be …

There are several social security calculators to use when one is calculating their income online. The social security calculator is meant to help an individual estimate their benefits and also helps them to know when …

Most working people can’t afford a financial advisor when they’re just starting out, unless they start out making big bucks. Hiring a financial advisor is something that is probably more appropriate when you’re about halfway …

There’s Gold in Them Thar Bills! If this were an old western movie script the phrase “Hec’m” might just be a contraction for “Heck, Ma’m,” as in “Heck, Ma’m, there’s gold in them thar hills! …

A 403(b) plan is a retirement plan for University, civil government, and not-for-profit employees. This type of plan shares many of the same characteristics, withdrawals, contribution limits, tax rules, and investment choices as a 401(k) plan. …

Should you pay off your mortgage before you retire? Well, that sort of depends on the size of the mortgage and the retirement income.My husband and I, for example, have a shabby house that we …

Money is hard to come by, especially as you grow older. Employers are more likely to favor younger and more robust people, and the old are likely to see fewer promotional opportunities, or none at …