News, Information and Guidance

how to plan retirement

How to Plan for Retirement? Just Imagine It — 7 Ways to Achieve a Secure Future

No matter your age — how to plan for retirement is likely a topic that you have pondered and done at least little something about.  You may have saved some money, thought about the best locale for golf (or whatever hobby you will have), figured out when to start Social Security, talked with a financial…

Best of Retirement News

Thumbs Up for the Best Retirement Stories from 2017

Below are the best retirement stories from 2017 — the articles on NewRetirement that our readers liked most from the last year. The 8 Skills You Need for a Fantastically Happy Best Retirement It is not millions you need to be happy in retirement, you need skills. Huh? What skills? Explore the 8 traits that…

Year End Tax Advice

Don’t Forget Required Minimum Distributions and Other Year End Tax Advice for Retirees

Ah, the holidays. The festive time for family gatherings, great food, a little sparkle… and year end tax advice.  As if the season wasn’t hectic enough, this is the time you need to make sure that you do everything you can to minimize your tax burden. Make room in this hectic season for following year…

reverse mortgage

Who Owns Your Home When You Get A Reverse Mortgage?

Many folks think that getting a reverse mortgage means they are selling their home to a lender for a reduced value and that the lender gets the benefit of the future appreciation of the home. This could not be farther from the truth. Reverse mortgages are not scams. They are loans — a business agreement…

grateful retirement

Are You Retirement Age? 7 Reasons to Feel Grateful and Be Thankful this Holiday and Always

Whether you have saved enough money to feel secure about retirement or not… There is still plenty to be thankful for this holiday season (and ever more). Feel grateful. It gets easier as you age and it improves your health. In fact, as you get older, your ability to feel grateful actually increases. Research indicates…

reverse mortgage purchase guidelines

Can Your Wishes Come True? New Reverse Mortgage Purchase Guidelines Make it Easier to Buy a New Home

Reverse mortgage purchase guidelines were recently eased, making it much easier to use this loan type to buy a newly constructed home. A Home Equity Conversion Mortgage, more commonly known as a reverse mortgage for purchase or an HECM for Purchase (or even H4P) is a specific type of reverse mortgage loan that lets you…

retirement book club

Start a Retirement Book Club or Any Club: You Are Apt to Live a Longer Life!

A fairly large percentage of retirees experience a drop in well-being after retirement.  According to researchers, between 10-24% of retirees feel stressed in the years following their departure from work. Starting or joining a retirement book club — read books about retirement and share your thoughts — may be just the answer. Actually, any club…

tax plan proposals and retirement

8 Federal Budget and Tax Plan Proposals that Could Impact Your Retirement

Today, Republican leaders in the House of Representatives unveiled a new tax plan.  They also recently introduced a budget proposal.  Neither of these bills are a foregone conclusion.  However, both the tax plan and budget have items that could significantly impact your retirement. Here are 8 budget and tax proposals you might want to keep…

The Grapes of… Roth Conversion: A Fruitful Strategy for Retirement Wealth

Tax deferred? Tax free? Tax advantaged? It might sometimes feel a bit taxing to think about the tax implications of a Roth conversion. However, it is probably worth your brain power because a Roth conversion can be tremendously beneficial in the right circumstances. What is a Roth Account? A Roth account is a type of…

2018 Medicare Open Enrolllment

2018 Medicare Open Enrollment: 10 Tips for Getting Great Coverage

Tis the season…  No, it is not quite time to decide whether you’ll say Happy Holidays, Merry Christmas, Bah Humbug or none of the above.  It does, however, involve shopping! The 2018 Medicare Open Enrollment season is upon us and will last from from Oct. 15 to Dec. 7. Now is the time to to…