Retirement Planning News, Information and Guidance

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…

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…

Retirement planning

Expert Interview with Colin Williams on Expert Retirement Planning for NewRetirement.com

Colin Williams has worked almost every aspect of the financial planning industry, starting as a financial advisor and working his way up to top management at major financial firms. Currently, he’s sharing insights on personal finance and retirement planning as the founder and key contributor to Humble Savers. He spoke with us about planning retirement…

Retirement planning

How Much Money Do I Need to Retire? It Depends on These 3 Factors

Retirement isn’t a static thing, and your retirement needs aren’t either. How much will you need? Nobody can say with 100 percent accuracy. There are too many factors to consider. But good retirement planning advice helps you cover all your bases. Retirement spending isn’t the same from person to person, but neither is it the…

Retirement calculator

5 Questions a Retirement Calculator Can Answer for You

Using a retirement calculator can help ease some of the stress of retirement planning. One of the biggest questions people want an answer to is “When can I retire?” There’s a lot to factor in — it hinges on everything else, but a retirement calculator can help. No retirement calculator is perfect, but it can help…

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Expert Interview with Claire Tak on Planning for Retirement for NewRetirement.com

As one of the top editors at My Bank Tracker, Claire Tak is an expert in retirement planning and figuring out what you need to save. She spoke with us about how to plan for retirement the right way. What are some common misconceptions you see about retirement planning? One of the biggest misconceptions folks…

Retirement financial planning

Study Shows Retirement Plans With Advisors Yield Better Results

Retirement plan advisors help make the plan more efficient. It almost seems to go without saying. Retirement plan advisors help retirement plans perform better. And that’s what a recent study by EACH Enterprise, LLC, and Transamerica Retirement Solutions Corporation has revealed. A survey of retirement plan sponsors that work with an advisor found that over…

Retirement planning

What Can Fantasy Football Teach You About Retirement Planning?

One of your favorite pastimes could teach you a lot about retirement planning. Retirement planning isn’t a game, but it doesn’t have to be dull, either. You can make it as interesting as you want without risking too much, and you might also learn a thing or two by taking some calculated chances. For example,…