Retirement Planning News, Information and Guidance

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…

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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…

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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…

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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…

Baby boomers face some problems in retirement.

Retirement Planning: How to Address the 3 Biggest Problems Facing Boomers

If having the finances to maintain a comfortable lifestyle in retirement is of growing concern to you, you’re not alone. Baby Boomers have seen their confidence in retirement deteriorate as a result of the recent economic downturn. As the economy improves, the ability for baby boomers to reach their goals should improve with the…

Retirement calculator

4 More Questions a Retirement Calculator Can Answer

A retirement calculator gives you a snapshot of where you are now, where you’re headed, and what to expect once you get there. You could find those answers on your own, but these nifty devices are designed to make it simple and quick. Think of it like a checkup. You might have a terrific…