Retirement Planning News, Information and Guidance

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Baby Boomers Retiring: The Big Difficulties Facing This Generation

Baby boomers are retiring in droves. According to the Pew Research Center, the oldest members of the baby boomer generation came into retirement age in 2011, and for the next 19 years, 10,000 more boomers will turn 65 each day. The baby boomer generation faces unique challenges as they approach retirement. Unlike their parents,…

How to plan retirement

How to Plan Retirement When You Don’t Really Have a Plan

How to plan for retirement?  It is a question a lot of people ask, but not as many answer. Planning for retirement isn’t easy — and if you’re like most people, you’re probably putting it off.  A recent survey by Wells Fargo found that only 69 percent of middle class respondents aged 40-59 (the…

Retirement Income Planning is Not Out of Reach

Retirement Income Planning: Americans Want Lifetime Income but Are Not Sure How to Get It

Eighty-four percent of Americans say having a guarantee of monthly income for the rest of their lives is important to them, yet nearly half (44%) are unsure if their current retirement plan offers them the option of receiving a monthly paycheck in retirement, a new study shows. In addition, having guaranteed money every month…

Retirement

Retirement Planning: The Emotional Toll of Transitioning to Retirement

Like any other transition, retirement presents some unique challenges. Though retirement is a major life stage, there isn’t often much discussion about the emotional impact these changes can have on a person. In the end, preparing yourself emotionally for retirement can be just as important as financial preparation. Emotional Adjustment in Retirement Most people…

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The Best Retirement Plans: 41 Tips for a Healthy, Wealthy and Happy Retirement

Think retirement is about sitting with your feet up and watching the rest of the world whiz by? Possibly, but many people think retirement and plan for embarking on one of life’s greatest adventures. This is the time to do what you want with the experience-laden good sense to appreciate it. Having the best…

Retirement planning

Why Retirement Planning is Different for Women

It’s relatively common knowledge that women tend to have a longer life expectancy than men. But the common knowledge is also backed up with data. According to the Social Security Administration, a man who is 65 years old today can expect to live to 84.3 years. But a woman who is 65 can expect…

Retirement calculator

The 5 Best Retirement Calculators

Retirement planning has never been more complicated. But then again, it’s never been so simple. With so many changes in the economy and uncertain times ahead, you might think you need a degree in finance to get it right. But fortunately, there’s a tool called the retirement calculator that helps clear the murky water….

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Retirement Travel: 9 Concrete Ways to Make Your Dreams a Reality

Retirement seems to be the universal time to think about traveling extensively, but travel can be expensive, especially if you want to cross the oceans. If your retirement funds aren’t as much as you’d like them to be, you might believe that you’re stuck in the same town doing the same things year after…

Fraud

Why Seniors are More Vulnerable to Fraud

It’s fairly common to believe that while a scam might happen next door, it certainly won’t happen any closer to home. But unfortunately, it happens every day. Who wouldn’t want to win a trip to the Bahamas or get an exclusive deal on an investment? That’s exactly what con artists count on to help…

Surf through your mid life crisis with a solid retirement plan.

The Mid Life Crisis and Planning for Your Retirement: 4 Ways to Boost Retirement Savings in Your 40s and 50s

It’s easy to assume that financial confidence increases over time.  You make more money as you get older after all. However, the opposite appears to be true.  Recent research suggests that financial stress — not confidence — increases as we age, peaks in mid life and then gets better through our 60s. The U…