Retirement News, Information and Guidance

Baby boomers face some problems in retirement.

Retirement Planning: How to Address the 3 Biggest Problems Facing Boomers

If having the finances to maintain a comfortable lifestyle in retirement is of growing concern to you, you’re not alone. Baby Boomers have seen their confidence in retirement deteriorate as a result of the recent economic downturn. As the economy improves, the ability for baby boomers to reach their goals should improve with the economy,…

Reverse mortgages can help you build wealth.

How a Reverse Mortgage Line of Credit Boosts Retirement Savings

How could a reverse mortgage be a great financial planning tool? A little-known feature of reverse mortgages is being recognized by financial planners as a way for people 62 to have an additional revenue stream in retirement. Nearly 78% of all older adult households do not have sufficient resources to sustain them through their retirement…

Retirement calculator

4 More Questions a Retirement Calculator Can Answer

A retirement calculator gives you a snapshot of where you are now, where you’re headed, and what to expect once you get there. You could find those answers on your own, but these nifty devices are designed to make it simple and quick. Think of it like a checkup. You might have a terrific diet,…

molly feex

Expert Interview with Molly O’Brien of Feex About Hidden Fees

Hidden fees are like a hairline fracture in your retirement plan – undetectable at first, but able to grow and spread to undermine all of your financial preparations. FeeX began when co-founder Uri Levine detected $230 in hidden fees on his credit card statement. He went after these fees with a vengeance in the vein…

Retirement

Retirement Solutions: What Can Be Done about Soaring Car Insurance Rates?

Once you turn 70, car insurance is a whole new and potentially expensive ballgame. This could be the most wonderful time of your life, at least if you’re prepared for what’s up ahead in the road. But if you prefer to drive without a map, there might be some expensive surprises on your journey through…

Questions to Ask a Financial Planner

Questions to Ask a Financial Planner – The Key to Confidence and Success for Every Meeting

Have you ever met with a financial advisor?  Many people are afraid to use financial planning services.  Do you identify with any of these fears?  Are you: Afraid that your finances are insufficient? Afraid you will feel stupid? Afraid that you won’t know what to say? Or how to answer certain questions? Try not to…

Enjoying a relaxing dinner at home

Expert Interview with Lynette from Cleverly Simple About Fun, Frugal Living

Lynette Rice knows what it takes to live life to the fullest without overspending. That’s why she created her own website, Cleverly Simple, and shares what she knows with readers. Here, Rice shares some tips with readers looking to save money, cut back on overspending, and find ways to save on everyday items. Cleverly Simple…

Retirement savings

Expert Interview with Ryan Monette on Prioritizing Retirement Savings

We asked financial advisor Ryan Monette what the biggest mistakes Americans make when saving for their retirement were, and he told us it’s listening to whoever said to save 8 percent to 10 percent of your wages right away. He’s joking a little. Saving something is better than saving nothing, of course. But Ryan doesn’t…

Retirement

National Retirement Risk Index Prompts Standard of Living Concerns

The closer you get to retirement, the more you’ll wonder whether you’re really prepared for it. But the National Retirement Research Index (NRRI) does more than wonder. It determines how many households are considered “at risk” of lacking the finances to keep their current lifestyle once they retire. When you’re younger, it’s easy to think…

Best Places to Retire

The Best Retirement Cities: Move Here to Live and Age Well

There are hundreds of places across the country where you can choose to live when you’ve finally saved enough and are ready to retire, but some areas are better for your retirement than others, regardless of whether you’re into urban city living or small town peace and quiet. The Best Cities for Successful Aging, a…