Retirement
The United States often has millions of jobs vacant, even if millions are out looking for work. That means if you are retired and looking for work, your odds of finding something usually are pretty good. However, there are three ways you should consider how your retirement might be affected by going back to work. […]
Many Americans are retiring abroad to save money and make their retirement savings last longer. Over 413,000 American retirees access their Social Security benefits outside of the United States. However, many Americans are wary of retiring abroad. They will have to adjust to new cultures, downgrade standard of living lifestyles, and learn a new language. […]
Working full-time or part-time as a senior citizen can be self-defeating in a world where the cost of living standards is always rising. The median salary for most senior citizens working in 2018 was barely $22,000. However, the typical retiree needs at least $45,000 annually to cover their living expenses. If you are age 65 […]
Planning for retirement is a crucial financial milestone, and it requires thoughtful consideration of investment strategies to ensure a secure future. While equities have their place in a retirement portfolio, bond funds offer stability, income, and diversification. In this blog, we will explore five different types of bond funds that can play a pivotal role […]
Retirement is a well-developed plan for post-working life. But, as Mike Tyson once said, everyone has a plan until they get punched in the face. Many Americans don’t have enough money to retire. Or even if they want to, they waited until the last moment to start thinking about it. Unfortunately, even for those among […]
Planning for a secure retirement requires diligent savings and strategic financial decisions. One powerful tool available to individuals aged 50 and above is catch-up contributions to their 401(k) retirement accounts. Catch-up contributions allow you to make additional contributions beyond the standard limits, providing an opportunity to boost your retirement savings. In this blog post, we […]
If you want to make it big as an entrepreneur, you have to follow the footsteps of successful entrepreneurs who have been there, done that. Similarly, if you want to plan for your retirement, wouldn’t it make sense for you to follow the advice of actual retirees, rather than a financial advisor or an investment […]
If you have retired or if you are planning to retire in the near future, it’s fundamental to modify your investment strategies so that you can maintain your lifestyle during your golden years. Since you will no longer have a salary to rely on, you need to do everything you can to stretch your savings […]
The effects of retiring without a clear and suitable retirement plan can be disastrous, as borne out by the fact that Americans are filing for bankruptcy in ever-increasing numbers. Since 1991, the number of individuals filing for bankruptcy has doubled in the age group of 65 and above. After working hard all your life and […]
Workers in their 50s and 60s are facing the prospect of getting laid off just before the retirement door is about to open in front of them. According to a recent study at the Urban Institute and ProPublica, more than half of workers find themselves up against this new challenge after age 50. The research […]
