Retirement News, Information and Guidance

Social security

How I Boosted My Social Security Benefit by $100,000

If you are like most people facing retirement, you are figuring out how to generate enough income in retirement and feel confident that it will last as long as you need it to.  This article will talk about two of the biggest levers you have – when/how to claim social security and using home equity…

Retirement

Are You Prepared to Pay Your Taxes in Retirement?

You’ve spent your life, or a good portion of it, preparing for retirement. You’ve educated yourself about Medicare in all its many types, Social Security, and all of your savings plans. But have you thought about taxes? Retirement will certainly bring about surprises. You’ll spend more in one area than you predicted, and less in…

Annuity calculator

How to Use an Annuity Calculator

A well-appointed retirement portfolio isn’t dependent on one source of income to sustain you. A much safer approach is diversification. That way, if one source falls flat you’re not left high and dry. Annuities are one way to diversify, but they should be approached with a lot of caution. With an annuity calculator, you can…

Personal finance

Expert Interview with Ray Advani of Tie the Money Knot on Personal Finance and Relationships

There are plenty of personal finance sites out there that tell us how to save, spend, borrow and invest money, but Ray Advani says there aren’t too many that discuss how these things are impacted by relationships. That’s why he started Tie the Money Knot back in 2012. He wanted to start a conversation about…

Preparing for retirement

Expert Interview with Art Koff About Preparing for Retirement

Preparing for retirement begins much earlier than one’s twilight years. In fact, most retirement professionals recommend planning for retirement as soon as possible. Art Koff from RetiredBrains.com understands that retirement is a major life change, but knows that with proper planning, retirement is something to enjoy. Retirement can be a scary situation for many. What…

Stay health and save the right way are good ways to afford healthcare in retirement.

Retirement Planning: Why You Should Use Your Health Savings Account to Save for Retirement

It’s no surprise that paying for health care expenses — Americans’ greatest financial concern — can quickly deplete retirement savings. Today, health care costs for retirees average more than $9,000 annually, according to Ameriprise Financial. Based on the average life expectancy in the U.S. (78.8 years), that means you could pay more than $124,000 in…

Expert Interview with Miron Lulic on Planning Your Retirement the Right Way for NewRetirement.com

Miron Lucic always thinks ahead. On his blog SuperMoney, he’s constantly on the cutting edge of retirement planning, among other financial topics. He laid out for us how to plan for your retirement while balancing your other financial needs. What are some mistaken beliefs about retirement planning you often see? Probably the most common misconception…

senior cyclist

Early Retirement Forum: Resources, Discussion and Tools for Those Interested in an Early Retirement

There is a lot of interest in early retirement.  In the right circumstances it can offer amazing quality of life.  Here we have amassed a series of articles on early retirement, some tools that could be useful to you and — at the bottom — is a commenting section to be used as an early…

Retiring Too Early: It Could Happen to You

Am I Ready to Retire? Ask Yourself These 3 Questions to Find Your Retirement Readiness!

While financial and health concerns are a major part of the retirement decision, it’s important to ask yourself questions that go far beyond financial preparedness to determine at what age retirement is right for you. Americans are living longer than ever. At age 62, the current earliest eligibility age for receiving Social Security retirement benefits,…

Planning your retirement

Expert Interview with Kurt Rosentreter on Planning Your Retirement

President Theodore Roosevelt once said, “Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty.” And if you consider retiring in your golden years a goal worth having, well then you better be prepared to work for it, says best-selling author Kurt Rosentreter, senior financial advisor for Manulife Securities….