Retirement
Are you thinking of retiring abroad so that you can live comfortably on a budget? If so, you are not alone. Data shows that at least 12% of Americans want to retire abroad so that they can enjoy a higher quality of life on a modest amount of retirement savings. In this post, let us […]
Getting older can be a very expensive in the United States. Unless you begin saving for retirement at a young age, life can get progressively expensive as you get older. This is especially if you must live solely on the income generated by Social Security. More than 40% of Americans live solely on the benefit […]
As a retiree, it is financially prudent to maximize the advantage of the tax deductions and breaks available for seniors. This is one of the important ways you can save money and preserve your nest egg. Here are six of the most overlooked tax-saving opportunities for retirees. Increased standard deduction If you are 65 or […]
Are you all set to bid adieu to your full-time job in 2019? If you are just retired, there are a number of things you need to do to make sure you are well prepared for your post-retirement life. Here are seven important financial ideas that can help you stabilize your situation after your retirement.
South America is a very welcoming retirement haven for Westerners. However, many foreigners tend to flock to tourist traps or unwittingly move to cities with high costs. But there are two countries in South America that are relatively safe, feature adequate social infrastructure, have living costs, and have easier retirement visa processes. Paraguay Paraguay is […]
Retirement marks a significant life transition, where the hustle and bustle of the workforce gives way to a more leisurely pace. It’s a time to reap the rewards of years of hard work and to ensure a comfortable and financially secure future. While investment decisions during retirement should be balanced and aligned with your risk […]
One of the hardest decisions that a retiree will have to make is determining where to live during retirement. Mental and physical vitality depreciates incrementally with age. It can also be emotionally and physically prohibitive for some retirees to live on their own as they age. Financial independence is an issue as well. According to […]
For a true recreational vehicle (RV) enthusiast “everywhere” is their list of destinations. Buying or renting an RV is a popular pastime for many Americans. More than 40 million Americans go on road trips and camp in an RV every year. The typical age of an RV owner is 48. The average cost of a […]
Retirement is a transitory period in life. And it is a transition that you should start preparing for as early as possible. There are several things you should buy before you approach retirement age. For example, you should have life insurance policies and maybe even investment bonds to help secure your future. But there are […]
You turn 65, qualify for Medicare, and then home-free, right? Not really. Medicare Part A, or original Medicare, and Medicare Part B, or traditional Medicare, will cover many medical expenses for beneficiaries over the age of 65. Specifically, Medicare Part A is essential hospital insurance and Part B is medical insurance. Medicare will pay for […]
