Retirement News, Information and Guidance

Retirement

Retirement Income Myth Debunked: Dying Broke is a Bad Plan

You may have heard this little piece of retirement advice: you should spend all of your money while there is still time to spend it. Though the notion of “dying broke” may appeal to many Americans, it is not the best advice for those who are approaching retirement. People are living longer and experiencing increased…

Many of us will need long term care, but few of us will be able to afford it.

How Much Does Care Cost in Your State? 7 Ways to Plan for Long Term Care Costs

You might not like the idea.  You might try to deny the idea.  You might convince yourself that you will be the lucky one to stay healthy till your last day… However, at least 70 percent of people over age 65 will require some form of long-term care services and support during their lives, new research shows. “Unfortunately,…

Happy at Home!

Most Retirees Think That Staying Put is the Right MOVE for Retirement

Do thoughts of retirement conjure up images of a moving truck and boxes? Or does that sound stressful and no fun? If staying put sounds more appealing, you may be like the majority of Americans approaching retirement who say they actually wish to remain in the same homes, or the same areas where they have…

Three Generation Family On Country Walk Together

5 Ways to Solve Your Top Retirement Concern — Outliving Your Money

Are you worried about outliving your money? Join the club. This is one of Americans’ biggest retirement fears. More than half (57%) of CPA financial planners cited running out of money as the top concern for their clients, according to the American Institute of CPAs (AICPA) Personal Financial Planning (PFP) Trend Survey. The 2015 survey…

Working past 65

Working Past 65 — Sometimes it is Good for Your Health; Sometimes Bad

It’s no secret that many older Americans are working past traditional retirement age. Whether working later in life is due to financial necessity or a desire to stay active, it’s clear that many people are trying to retire later. A recent Gallup poll shows that nearly four in 10 Americans plan to still be working…

Planning for retirement

Planning for Retirement? Remember to Have Some Fun!

Planning for retirement should not just be about how to pay your bills once you retire. You have worked most of your adult life, and chances are, you have been waiting for retirement to come. Take advantage of the time away from work to do things that you have always wanted to do and enjoy…

Retirement

Retirement Calculators Help You Make up for Lost Time

No life is perfect, and things happen. Life happens. For whatever reason, the traditional retirement planning advice of starting early and contributing often doesn’t always work out. Many Americans get a later start than what’s ideal, but that doesn’t mean there’s no hope. There is a solution in most cases, and a retirement calculator can…

creative-desk-pens-school 900x600

Five Creative Ways To Do More With Your Retirement

Doing more with less has never been so enjoyable. That’s all, folks. For those of us over sixty, the dream of an easy retirement is now officially deader than a doornail. According to the Pew Research Center, two thirds of us are having to say farewell to the lifestyle we’d hoped to have at this…

This family party involved cleaning up Grandma's yard. We had fun together no matter what we did.

My Grandmother and Her Reverse Mortgage

In 2009 my grandmother in law was a 91 year old widow.  She had 7 children, 19 grandchildren and 16 great grandchildren.  She loved family parties, playing golf and reading. It was at this time, however, that she began to experience financial stress. Her house was worth $500,000 , but she was having trouble meeting…

What happens when old friends disagree about a reverse mortgage?

A Disagreement Between Old Friends About Reverse Mortgages

Have you ever had one of those times when you overheard someone trying to win an argument with completely wrong facts? This happened to me recently while having dinner with the family at The Old Spaghetti Factory. We were celebrating Nana’s 86th, which included nine grown grandchildren and their spouses, and six great grandchildren in…