Retirement
Employment options don’t increase as we get older. Your work position may not be safe, even if you have decades of employment under your belt. More than 2 million Americans were forced into early retirement recently. And of that number, 55% automatically became financially insecure as a result. If you have been offered early retirement, […]
Most people say that you regret the things you didn’t do more than things you did. Such regrets are common when it comes to retirement planning. More than 76% of retirees have at least one one regret when it came to planning for their retirement. You may have a lot more than one regret you […]
If there is one thing that married life and divorce teach you, it’s that you have to take your personal finances much more seriously thereafter. Alimony, debt, and legal fights can tie up the finances of divorcees for years after separating. And it is folly to believe that only young and middle-aged people get divorced. […]
A golden retirement does not necessarily mean pristine beaches and luxurious villas, even though that is the stereotype image that comes to mind. Your retirement means a lot more than just money alone. Here are five secrets to a truly happy and successful retirement. More than just cash While financial security during retirement is vital, […]
Economic uncertainty has become a household concern, especially for retirees striving to stretch their savings. With rising costs and fluctuating markets, managing expenses in retirement has never been more critical. A recent study by Schroder revealed that 62% of retirees have no idea how long their savings will last, and 45% report that their expenses […]
As you approach retirement, you may be considering ways to create a stable stream of income to supplement your retirement savings. One option to consider is purchasing an income annuity. An income annuity is a contract with an insurance company that provides a guaranteed stream of income for a specified period or for the rest […]
Market crashes every seven to 10 years, whatever the reason, have affected many Americans’ retirement accounts. A stock market driven economic downturn or having to withdraw funds to help out with day-to-day expenses means many account holders are wondering: Are there some smart money moves they can make to put their retirement savings back on […]
Did you just turn 50? Then you have a lot to plan for the future. And if you haven’t started planning or saving for retirement, you need to start now. More than 55% of Americans say they plan to work throughout retirement because they think they haven’t prepared enough for it. Consult a professional financial […]
Retirement is a time to relax and enjoy life, but it doesn’t have to come with a hefty price tag, especially when it comes to foreign travel. With careful planning and budgeting, it is possible to travel the world without breaking the bank. Here are five ways to lower your cost of foreign travel in […]
Retirement planning should ideally begin from the day you have your first job. However, even if you have made no special financial preparations for your retirement, you could still start on plan while retirement is just 15 years away. Consider the following steps to fortify your retirement plan over the next 15 years. Take stock […]
