Retirement Archive

According to some financial advisors, people who are planning for retirement should compute their average yearly expenses, then save 25 times that amount.  By withdrawing 4% of the total nest egg every year, a retiree …

How much can you contribute to an IRA in 2011? The answer to this question depends upon your age, the type of IRA, your income, your marital status, and the source of the contribution.  How …

Once you retire, your expenses, income and the budget take on a whole new dynamic. You are no longer receiving a full-time paycheck, and more times than not, the income you are receiving is only …

Although paying off your mortgage before retirement is generally thought of as a good idea, there are some considerations that should be taken into account. The biggest consideration regarding your mortgage and your overall retirement …

Individual Retirement Account (IRA) is a type of tax advantaged retirement savings plan. Some Americans use IRAs as their principal vehicle for retirement savings. Others use IRAs to supplement their employers provided retirement plans.  There …

You are ready to retire now! You have made up your mind, told the boss, had your farewell dinner, and now you are terrified. Even with all the preparations you have completed before you left …

How to cut heating costs. If you have retired then cutting costs may be a major concern of yours. Nothing is getting any cheaper these days especially the escalating heating costs. One way to keep …

401(k) retirement plans that do not offer a selection of index funds may not afford employees the same financial advantages as 401(k) plans that do. According to the Securities and Exchange Commission, index funds are …

When you purchase an immediate annuity, or have your deferred annuity mature, the annuity provider requires that you select a settlement option. This settlement option determines what happens to your annuity funds if you die …

It is easy to believe that investing for retirement means starting a retirement plan or building a retirement fund. The reality is that people must both save and invest for retirement. Understanding the difference between …

Retirement is in the foreseeable future. All your life you’ve given some thought to what it would be like. As the time approaches, there’s a mixed sense of panic and excitement. If you’ve planned for …

It is never too early to plan for retirement. The landscape of the world of retirement accounts changes as you reach retirement age. Tax benefits begin to disappear. Tax implications become more plentiful. Retirement is …

When a company goes bankrupt they have two options. Either to reorganize an try to stay in business by reduction costs and attract investors, or they can choose to liquidate. Either way the individuals who …

Don’t leave the decision up to other people. It’s expected that once you reach a certain age you retire. Society is geared towards your eventual retirement. Left to its own devices it will automatically retire …

The challenges that you face as a self employed person in establishing a better retirement might be greater than those who are employed. There are no employers retirement plan to begin with and you are …

Retirement and “lower income” are words that strike fear into the hearts of many people who have not planned ahead throughout their adult working lives. With the realization, there is a certain amount of near …

I work in the field of retirement finances, and I’ve read a few of the Helium articles on this subject. I’m going to get a little technical about saving for retirement, but first let me …

Perhaps one of the most common misconceptions in the world today is that the US government operates on a level of transparency with its people, especially when it comes to government retirement programs/entitlement programs like …

The question, which hangs over Social Security’s continued funding, is an easy one to answer. In the short term, Yes and over the long term, No! The reality is that, even before our ongoing Economic …

Freelancers are self-employed and as such cannot depend upon employer contributions to save for retirement. Freelancers, like all self-employed persons, must finance their own retirement savings. Freelancers who do not save for retirement will find …

Every Monday morning, as we drag our weary bodies from the bed and prepare to begin another week of work, the concept of early retirement may appear as the proverbial light at the end of …

When you retire, there may be a significant decrease in income and the income may be fixed.This makes it  important to be in a state that is tax friendly to retirees. Federal taxes will be …

To accomplish any task, goals are needed to develop guidelines and benchmarks to reach toward in order to come close to and then achieve the goals. When discussing goals to work for to establish your …

Most young adults today – university students and 20-something professionals – have short-term plans for their future. They think more about what they will have accomplished by the time they reach the age of 40. …

This is a transcript of the April 2010 edition of K-Voice™, your 401(k) participant audio counselor. Health care reform is now the law of the land. You might be asking yourself: what does that have …

This is a very interesting, open-ended, and politically loaded question… and I love it, since operates on three distinct levels of perceptual social responsibility and thought! Consequently, let us multi-track together along the lines …

Unfortunately, the threat of inflation is very real. It is more or less a given that the cost of goods and services will continue to rise and get to higher levels by the time you …

What’s the best way to motivate Americans to save, invest and prepare for retirement? Some behavioral-finance experts suggest using a carrot. Others suggest using a stick. And still others suggest using a combination of carrot …

Social Security is a program that was established based upon: misleading arguments, intentional falsehoods, and outright Social-Fascist propaganda… it is both highly detrimental to our overall society, and to the individual Americans involved specifically… and …

When to draw Social Security is a matter of health and economics coupled with whether you are ready to quit or cut back on your gainful employment. Solving these three issues will simplify the decision …