Author: Editorial Team

Retirement Calculator With Pension: Find the Inputs You Need!

While pensions are not nearly as common as they once were, they are a very important part of the retirement plans for many of society’s most valued workers: teachers, police officers, fire fighters and more!  However, it is surprisingly hard to find a reliable retirement calculator with pension inputs. 5 Retirement Calculators With Pension Controls:…

Overcome These 9 Big Financial Planning Mistakes (You Have Never Seen a List Like This Before)

Very few people are experts at managing their finances, planning retirement, building wealth, and ensuring a secure future. Effective money management is often perceived as being: 1) too hard or specialized, 2) not immediately important, 3) something you can tackle next year or 4) too expensive (if you think you need to hire an advisor). …

The 22 Most Foolish Financial Decisions Ever Made

Recently online, individual NewRetirement subscribers were discussing the most foolish financial decisions they had ever made. The conversations were interesting in that many highlighted a few bits of “wisdom” about being “foolish.” Foolishness Can Be a Great Learning Tool Making foolish decisions can be one of the greatest learning tools. “A wise man can learn…

19 Powerful Insights Gained by Creating a Retirement Plan

Recently on the NewRetirement Facebook group, we asked, “What is one insight you gained by going through the process of creating a retirement plan?” It is clear from the responses that creating a plan can create wealth, security, fewer taxes, an earlier retirement, and much more. The insights are varied and reflect the fact that there is…

Are You Saving Too Much for Retirement? (It’s More Common than You Might Think)

We hear a lot of horror stories these days about people saving too little, but the fact is that some people are actually saving too much for retirement. It is possible to have too much of a good thing…  It’s safe to say that my grandfather is one who saved too much because even though he lived for…

How Much Should I Save for Retirement? Average Retirement Savings Rates for Every Age

Keeping your retirement savings on track helps you meet your retirement goals. That seems like a very simple concept, and in a way it is. But living with that plan every day isn’t quite so simple. Knowing how much one should save for retirement is useful — it can motivate you to take action. And…

Be Happy: 10 Ways to Worry Less About Your Retirement

Don’t worry, be happy… about your retirement. The last few months have been an emotional rollercoaster for many people, and you may be feeling constantly stressed about your finances. You’re probably asking yourself, do I have enough money to be happy in retirement? If you are worried, you’re not alone. According to a survey conducted by John…

Retirement Planning: How to use Home Equity to Insure Your Retirement

We all worry about money and our financial future. And if you are approaching retirement, then your concerns are probably heightened. In today’s financial environment, few things are sure. In retirement, you require your existing assets to be stable and predictable, since you are not making money from work (or making less from work).For both emotional…

Thank You John C. Bogle for the Bogglingly Significant Legacy to Retirement Planning

John Bogle died on Wednesday. He was the founder of the Vanguard Mutual Fund group. However, his real legacy is not in how he built a $4.9 trillion investment company but rather how he led a new way of thinking about retirement investing. Want to be a successful investor?Just buy the haystack (and thank John…

Pros and Cons of a Reverse Mortgage During the Pandemic Crisis

For many people nearing retirement age, home equity is usually the single largest component of net worth.  And, it can be a valuable contributor to retirement and financial well being — especially during this pandemic and time of monetary strain. You can tap home equity by downsizing, securing a reverse mortgage or getting a home…

Say Hello to PlannerPlus Reporter: Look at Your Retirement Plan in a New Way!

We at NewRetirement are happy to announce delivery of some of the most requested retirement planning features: a printable report and downloadable data. PlannerPlus subscribers can now use PlannerPlus Reporter to: Download your retirement plan data into a spreadsheet for your own custom analysis Print a personalized report to peruse on your own or with…

Reverse Mortgage Myths Debunked — You Still Own Your Home and Have Home Equity

For some homeowners over 62 years old, a reverse mortgage can be a great option for improving retirement finances and quality of life. There are, however, quite a few misunderstandings when it comes to these complex financial products. In this article we will debunk a couple myths so you can more clearly decide if a…

excess income

New Feature in Retirement Calculator Helps You Identify “Excess” Income in Your Retirement Plan

We keep trying to improve the NewRetirement retirement planning calculaltor so that you can feel good about your future.  The latest improvement is a feature that lets you: Find out if you have any future “excess” income built into your retirement plan Specify if the “excess” income should be spent or saved This update could…