Retirement News, Information and Guidance

If a reverse mortgage is right for you, it can offer great financial relief.

New Reverse Mortgage Calculator: How to Assess Your Suitability for these Loans

A reverse mortgage is a loan.  You are borrowing against your home equity.  However, unlike traditional mortgages, with a reverse mortgage you do not have to pay back the money you have borrowed as long as you are living in the home. Housing is usually both the most costly expense as well as the most…

Financially literate

Expert Interview with Jason Vitug on Being Financially Literate for NewRetirement.com

If you ask Jason Vitug, financial literacy is the single most important issue in America, impacting our life and economy. “The unfortunate reality is that we aren’t taught about money at school,” he says. “We learn how to calculate the circumference of a circle but not about compound interest.” And while government organizations and nonprofits…

Retirement Planning Does Not Need to be so Scary. Create a Good Retirement Plan and  Overcome Your Fears

Overcome Your Fear of Running Out of Money: 3 Steps for a Secure Retirement

Americans fear running out of funds in retirement even more than public speaking, suggests a recent report.  So, how to overcome that fear?  Should you imagine yourself in an old folks home with everyone else in their underwear (like pretending your audience is naked when you are making a speech)? Um… no.  Those images probably…

Dividend investing retiring early

Expert Interview with Jason Fieber on Dividend Investing and Retiring Early for NewRetirement.com

Jason Fieber is a man with a goal: He wants to retire at 40. Just how he’s making that happen is the thrust of his site, Dividend Mantra. He spoke with us about making the goal and making it work. It’s a goal of yours to retire at 40. What are the strategies you use…

Improving your financial literacy

Expert Interview with Vince Shorb on Improving Your Financial Literacy for NewRetirement.com

Vince Shorb’s answer to the question “How literate are Americans when it comes to their money?” is sobering. “Most Americans are financially illiterate,” the CEO of the National Financial Educators Council says. “They never received a financial education and lack the knowledge necessary to make financial decisions that are in alignment with their goals.” Money…

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5 Pro Athletes Who Lost it All & 4 Tips to Avoid Their Retirement Planning Mistakes

Approximately 78% of NFL players either go bankrupt or face some serious financial stress within two years of ending their playing careers, while 60% of NBA players are broke within five years of retiring from the game, Sports Illustrated estimated in a 2009 article. While professional athletes may reach superstardom in the arena, their lives…

Spend the right amount of time planning your retirement -- it is your life!

How Much Time Should You Spend On Retirement Financial Planning?

Would you believe some people give retirement financial planning less attention than planning a vacation, choosing a restaurant or buying a television? It’s a bit scary, but it’s also true according to some recent research. Retirement isn’t an event, and it’s not something to buy. It’s your life and your future. If you want to…

Retirement planning for beginners

Expert Interview with Christopher Holdheide on Retirement Planning for Beginners for NewRetirement.com

Christopher Holdheide knows from personal experience how tough it can be to handle your finances; he was inspired to become a financial services expert and found his personal finance blog Stumble Forward thanks to buying a time share he just couldn’t get rid of. Personal experience informs his perspective, and he was happy to share…

Dealing with dementia is not easy.  Make a financial plan to ease the burden.

How to Deal with Dementia or Alzheimer’s: 5 Retirement Financial Planning Steps

More than 5 million people have Alzheimer’s today, and as the baby boomers age, by 2050 that number is projected to triple. Additional research from the Alzheimer’s Association shows that last year millions of family and friends provided 17.7 billion hours of unpaid care — care valued at $220.2 billion — to loved ones with…

Portrait Of Three Generation Family On Beach Holiday

How to Get Out of Debt? The Financial Gurus Answer

Retirement planning is a lot easier with the weight of debt off your shoulders. Some debt is almost unavoidable, but that doesn’t mean you can’t clear it away, and smooth your path forward. All it takes is a plan, and the stick-to-itiveness to see it through. If you’re trying to hone in on the best…