Retirement Archive

To be financially solvent, an individual must have the ability to properly attend to all financial obligations. Unfortunately, current statistics of those close to retirement are sobering. A failure to plan has put many that …

For baby boomers  ( those born from 1946 to 1964) planning for retirement is an important activity to consider and pursue. As a baby boomer retiree, here are three suggestions: 1) Discover the timeless. The timeless …

Retiring affordably  With an increase in demand for affordable retirement with the recent recession just having passed, many people are considering their options to ensure they can live comfortably on their retirement savings.  With retired …

Coming up with a money plan for your retirement is probably more difficult today than at many other times in the past. It is difficult not only because there are so many more options for …

Variable annuities are sold by insurance companies. This financial instrument gives investors another investment option when planning for retirement. Retirees can use annuities to bring in additional income during their retirement years. The process is …

Before the 1930s, financial support for the elderly was a local matter instead of a government issue. Except for veterans state and family members cared for the elderly rather than the federal government. But due …

Retiring plans vary from person to person. There are many ways to invest for retirement. When you start preparing for retiring you should start planning at a young age. You can invest in many things …

In reality, your retirement plans are based on a plethora of assumptions. You have to set an expectation on how long you will live, what kind of long-term returns are plausible through the stock market, …

A charitable remainder trust is a good way for a person or a couple to contribute to their favorite charity while guaranteeing themselves income for life. In general, these trusts can be set up by …

For many people, they dream of the day they can afford to retire. One big question for many is at what age to start collecting Social Security Income or  SSI. Most people are eligible to …

Many retirees are attracted to the idea of retiring outside of the U.S. Finding a location with a cheaper standard of living allows the pension dollars to stretch further, thus retirees can often enjoy a better …

Though there is constant and well-deserved debate about healthcare reform in the US, at approximately 78.6 years, the average life expectancy within the US sits at approximately the 75th percentile.  Granted that severe medical conditions …

You should plan and prepare for your retirement early.  There are many advantages to doing this well in advance, including the following. Investments made more in advance often yield much more If you start putting …

Retirement might not be the right time to give up working or having a job. Retirees that go back to work have different reasons such as loving the feeling and activity of working, having no …

The word ‘pensioner’ was once synonymous with the word ‘old’. Better health care, food and knowledge means that people reaching retirement age are fit, well, and vital. Some wish to continue working past retirement age …

Many a retiree today finds himself either strapped for cash or bored once the thrill of free time wears off. The answer for many seniors is to find meaningful employment, yet leave enough time to …

Many people approach retirement with wonderful fantasies of trips to exotic locations, long luxurious cruises, hanging out at the beach or golf course, shopping in great specialty shops, and pretty much doing whatever they please. …

Most American workers are covered by Social Security. You and your employer pay into the system so that you will have some money coming in every month when you get to retirement age. Normal retirement …

Social Security is a program from the government that has the intention of catering to the welfare of its citizenry through provision of basic commodities such as food, shelter and clothing. The program also facilitates …

A variable annuity is a contract between an individual called an annuitant, and an insurance company, under which an insurer agrees to make periodic payments to the annuitant beginning either immediately, or at some future …

Best Part Time job for retirees So it’s been almost seventy years and you’ve finally finished your last day of work. Not until Monday… not just from your three weeks vacation… but forever. Right? After …

Looking for a terrific place outside of the United States to retire, why not Canada? It’s just along the border. The best place in Canada to retire according to two studies is Victoria, the capital …

The best places for retirees to find work are often the least expected. Sometimes a retiree can be lucky and find ‘other’ work immediately. At other times, it takes some effort. For some, retirement means …

It is no secret that whether someone wants to limit their seasons, chase adventure, or simply lower the cost of their living that they look abroad to seek retirement. Although for some it is a …

A nest egg is a sum of money that is put aside for our future. It doesn’t matter how small that pot of cash is but it is sensible to think ahead and make provision …

IRAs were created in 1974. They were established to give individuals the ability to save money in retirement accounts or trusts in order to benefit themselves or a chosen beneficiary. There are strict guidelines for …

Approaching retirement, we all wish we had a crystal ball. How easy planning would be if we knew how long we were going to live, and how much prices were going to go up! Because …

It was reported in August that most who are already in their 50s plan to work in their retirement. Close to two-thirds of the study participants said they have fallen short of their savings goals. …

An annuity lump sum allows you to exchange the prospect of a regular annuity payment for a single lump sum payment. There are different pros and cons to such a form of distribution, and no …

Ideally, retirement is a point in your life wherein you stop working for a living. It is supposed to be a time wherein you start reaping everything that you’ve worked hard for and enjoy life. …