Whether you’re in your thirties or fifties, retirement is a time of your life that you should be thinking about early. It’s not enough to let the government take care of a pension plan as …
Having a low amount of income is not a hindrance for you to retire graciously, financially free and securely. Planning and preparing for retirement will take time, hence the earlier you start to plan and …
There is a significant challenge to starting to invest for retirement. Article after article attempts to boil it down to a single commandment: ‘Thou shalt invest for retirement no matter how young you are.’ The …
Success in retirement as well as success in life is due mainly to attitude, the ability to accept responsibility, knowing that life is seldom fair and not expecting it to be, finding a vocation that …
As the world churns, it becomes necessary to rethink the whole concept of what it means to retire. Instead of considering it a time to sit back and relax, we need to take it by …
408 (k) plan also called as Salary Reduction Simplified Employee Pension Plan. The plan is available to companies that run with below 25 employees. The scheme allows the employees to make contributions in order to …
To work or not to work after retirement Retirement infers no longer working, does it not? Not necessarily, as the reality of retirement reveals life as it pertains to retirees that have a different status, …
An individual’s income needs during retirement are based on a number of factors that can be very unique per individual. A solid self-analysis is needed, which can take some thought but the good thing is …
Saving for retirement in a down economy is no different than saving when the economy is good. It may be a little more challenging, but it still takes discipline and long term planning to achieve …
Retirement is a major step in a person’s life journey. While Social Security provides some protections for elderly people, it is important for people to save for retirement throughout their lives. Fortunately, there are a …
Conventional wisdom dictates that once you reach age 65, you are supposed to have a huge retirement bash, get a coin or a tie and then sit on your couch watching daytime TV in a …
Home owners insurance. Due to market fluctuations, your house might be worth less than it was even a year ago. While that looks badly, the thing to keep in mind is that you are probably …
Retirement happens to some whilst they are people completely unprepared. Certainly when we are young we don’t want to think about retirement, but rather get on with their lives and live for today. This attitude …
Facts about healthcare coverage and retiree benefit programs are crucial. Finding good sources for information or asking questions, and developing an understanding of the basics about healthcare reform and retiree benefits can help seniors and …
Social security may be able to take care of a few of your bills in your retirement years but a lot of people now realize that it is neither realistic nor smart to rely on …
Starting a new job can be an extremely exiting, yet daunting time. You find yourself faced with learning new policies and procedures, getting to know new people (and remember their names) within your organisation. It’s …
The economy is in a constant state of flux, and while retiring to a tropical island may have been in the plans for many, it may not be the reality they face. What is surprising …
In Canada, a Registered Retirement Savings Plan (RRSP)is used as a special savings account designed to encourage people to put away money for their retirement. The account is registered by the government for the contributor …
Making the right choices about retirement is personal and unique to each person. Time spent considering the options available is never wasted but needs to be carried out in a logical way. Dreams held throughout …
Your Social Security retirement benefits are based on the highest paid 35 years of your working life, capped and adjusted for inflation. Divide the total by 420 to obtain the average monthly income during these …
As a part of your retirement planning, have you considered a post retirement job? Continued income from a post retirement job can have a very positive impact on your retirement finances. Let’s do a fast …
When someone is planning on retiring, it is important that there is a plan as to what retirement will consist of. Furthermore, the plan should include how much money is needed to cover the cost …
Retiring is every employee’s dream, but in today’s economy, with many retirement accounts having been affected by the recession, it can seem to loom just out of reach on the horizon. There are options that …
Workers when anticipating retirement from a long held job, will know how they want like to spend their next five, ten, or fifteen years. Many will look for another job. And for most, this will be …
Retirement is one of these things people fail to prepare for adequately. This leads to many elderly people leading miserable lifestyles wallowing in poverty. The saddest thing is that these individuals are frail and cannot …
Try Croatia! The country is waiting for acceptance to the European Union and civilization standards, security, comunications and legal system have reached the western level. It is located in the very center of Europe, Zagreb …
Living on a pension very often means that budgeting is necessary, particularly as the budget cuts of the government seem to affect those on a pension the worst. And unless you have put a lot …
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 …
In Canada, where social security is one of the best in the world, an “investment vehicle” such as the Registered Retirement Savings Plan (RRSP) would seem like overkill. This is especially true with the presence …
When you reach retirement age as an employee it is usually recommended that you stop being actively employed. This is mainly due to the fact employers and governments recommend a certain age limit when one …