Retirement Planning News, Information and Guidance

iStock_000037084082Small

The Best Retirement Plan: Retire Like a European Socialist in the U.S.A

While the USA is considered one of the best countries in the world in terms of living standards and quality of life, it doesn’t rank quite as high when it comes to retirement. Believe it or not, it’s the Socialist European countries who have the most secure retirements. However, we’ll show you how to emulate…

iStock_000013747669Medium

The Top 5 Overlooked Retirement Costs; Do Not Be Taken by Surprise

Research indicates that retirees are not confident that they are well enough prepared for retirement. A recent Lincoln Financial Group study reports that 53% of retirement age respondents are worried about not having enough money. So, how can you put your worries to rest? For many retirees, it may be too late to save a…

oldpele

#Worldcup Starts Today! Here is Our List of the Top 5 #Retired Footballers (Er… Soccer Players). Who’d We Miss?

With the World Cup starting today, we ranked our top 5 retired footballers of all time. Let us know if we missed your favorite retired player in the comments below.  Let the games begin!

iStock_000007041715Small

Women Face High Risk of Poverty During Retirement; How to Protect Yourself

More than half of all Americans worry they won’t have enough money during retirement, but women are more at risk of this than men. More than half (52.6%) of women age 65 and older are considered “economically vulnerable” compared to 41.9% of men in the same age group, according to the Economic Policy Institute’s 2013…

iStock_000016853710Small

How Google’s Self Driving Car Will Change Retirement

Loosing your eyesight?  Reflexes slowing down? Tire easily?   These are problems we all will face as we age and they do impact our ability to drive ourselves — a major factor for staying vital and independent. However, the rise of the “driverless” car, being innovated by Google in its most recent prototypes, could be…

fisherman

What’s the Average Retirement Age in the U.S.?

Do you know when you’re going to retire? Even if you have an age in mind, researchers have discovered a consistent gap between when people think they’re going to retire—and when they actually do. But as one generation of retirees gives way to the next, reflecting changes in the Social Security benefits age, pension system,…

Senior couple sitting on a park bench

It’s Not Too Late to Start Planning for Retirement

Have you recently retired without a comprehensive financial plan to take you through the coming years? It’s not too late to make one. A December 2013 survey from Fidelity found that more than half of Americans are at risk of not covering their essential expenses in retirement. PwC reported similar findings on its 2013 survey…

Sharing A Joke

3 Ways to Spend Less Now So You Can Retire Earlier

Many people have a countdown to the official retirement age of 65 — or whatever age you might be targeting.  However, many of us are looking for ways to retire even earlier.  Here are a few good ways to reduce your spending in such a way that you can knock a few years off your…

iStock_000017968497Small

Massive Number of Retirees to Put Pressure on Funding Retirement – Are You Prepared?

If you’re approaching retirement age, you’re in good company—millions of boomers are right there with you. In the next few decades, one out of every five Americans will have reached or surpassed Social Security’s “full retirement age” of 65, according to the most recent U.S. Census data release. “Between 2012 and 2050, the United States…

happycouple

How Interest Rates Can Have a Big Impact on Your Retirement

Falling interest rates can often signal a negative impact on a long-term retirement portfolio, as a lower rate environment means less money saved for retirement. But low rates can also have a silver lining for retirees, especially when it comes to reverse mortgages. The Federal Reserve has been keeping downward pressure on interest rates post-recession in…