Kathleen Coxwell

As a founder of NewRetirement, Kathleen is passionate about delivering empowering tools and articles to people who are concerned about retirement. She works with teams of writers and designers to deliver easy to understand information that help you make the right decisions about your financial future.

Recent posts by Kathleen

retirement surprises

Retirement Surprises: What I Wish I Knew About Retirement BEFORE I Retired

Are you really ready for retirement? Will retirement be everything you expect it to be? What kind of retirement surprises are in store for you? Last year, the Society of Actuaries (SOA) updated their 2017 Risks and Process of Retirement Survey, providing insights on how Americans decide to retire and manage resources in retirement. The…

jobs for seniors

Jobs for Seniors: What Are the Best Jobs After Retirement?

So, for either financial or personal reasons you think you might want to work past the traditional retirement age of 65. Read below to get answers about the best jobs for seniors: Are there many options for work as a retiree? How do you find the right jobs after retirement? The Big Takeaways… It’s important…

fund college education

How to Fund College Education When You Are Trying to Retire

College costs can feel overwhelming — especially if you are trying to retire sometime soon (or even just save for a future retirement). How to fund college education is a critical question and families need to explore all of their options. You are not alone if you are worried about paying for both big expenses…

Social Security and Medicare: New Info About Costs and Benefits for 2019

To say that Social Security and Medicare are important to the financial well being of seniors would be an understatement.  Sixty two percent of eligible beneficiaries rely on Social Security income for more than half of their income.  And, almost everyone who is eligible uses Medicare to help fund their healthcare after 65. So, any…

QLAC

Qualified Longevity Annuities Contract: QLAC Pros and Cons

Annuities are certainly not the only solution to being financially prepared for retirement. However, they are a financial strategy you should be aware of.  In fact, research has shown that a version of an annuity, a Qualified Longevity Annuity Contract (QLAC), can boost your retirement readiness. This article explores QLAC pros and cons. They are…

retirement planning checklist

Retirement Planning Checklist: Create and Maintain a Plan You Can Feel Great About

Despite what many quick retirement calculators lead you to believe, retirement planning is an ongoing process and not something you can do in 5 minutes. Here we break down the steps for creating a plan. Use this retirement planning checklist if you want to feel great about your financial future. Whether your are fabulously wealthy…

Is Your Future Bigger Than Your Past? The Surprising Age When Happiness Peaks

You probably looked at your parents’ and grandparents’ retirement as times of slowing down.  But, if you are in your 50s, 60s and even 70s or 80s, I am willing to bet that is not how you feel about your own future. Now — the age of retirement — is an exciting time to restart…

Drip or Draw: What to Do with Stock Dividends in Retirement?

Stocks that pay dividends can be enormously appealing to retirees.  But what to do with those dividends can be confusing.  Should you participate in a Dividend Reinvestment Program (DRIP)?  Or should you just cash the check? Before answering that question, let’s learn a little more about dividends. What is a Stock Dividend? Different companies offer…

financial anxiety

Financial Anxiety Skyrockets: Why You Are Worried Even if You Have Saved More than the $14,500 Median

Is the retirement crisis real?  Whether or not you yourself are suffering, financial anxiety is acutely felt by many Americans. Research from the Employee Benefit Research Institute (ERBI) finds that the median retirement account balance for households led by someone between the ages of 55 and 64 is a mere $14,500. If you have more…

protect your retirement from inflation

How to Protect Your Retirement from Inflation (It May Be Rearing Its Ugly Head)

Inflation is a dirty word when it comes to retirement finances. We have been lucky for a while. Over the last four decades the United States has enjoyed record low inflation rates.  That might be changing and you may want to consider ways to protect your retirement from inflation — rising inflation. Is Inflation Coming?…

unhappy at work

Are You Unhappy at Work? Is Retirement the Right Answer?

Job satisfaction in the United States has been falling since the late 1980s.  Across all economic and age levels, around 50 percent of all American workers are unhappy at work according to the Conference Board who has been doing job satisfaction surveys for almost 20 years. Is retirement the answer? Are you retiring to run…

How to Prepare for these 7 Terrible Things Will Likely Happen in Your Retirement

There are a lot of things that can potentially go wrong in retirement.  Stocks could fall, inflation could skyrocket, high tides might flood your beach side retirement haven or maybe you tear your shoulder and can no longer golf or garden. None of these retirement events are out of the question, but they are not…

financial resolutions

3 Easy Ways to Achieve Your 2018 Financial Resolutions: It’s Not Too Late!

According to a report by NerdWallet, in 2018 84% of people made financial resolutions.  If you are among these planners, but haven’t quite achieved your goals, it’s not too late.  And, it can even be relatively easy!  September, October, November, December… You still have four months to achieve your 2018 money related resolutions! Here are…

Roth Conversion 2018

Why a Roth Conversion or Backdoor Roth IRA is a Good Idea in 2018

Doing a Roth conversion — also known as a “backdoor Roth IRA” — is perhaps even more appealing in 2018 than ever before. Why? Low 2018 tax rates. What is a Roth Conversion? Backdoor IRA? A Roth Conversion is when you convert money that you have in a traditional IRA to a Roth IRA. This…

Can You Recover if the Stock Market Crashes?

The stock market is enjoying a crazy long record setting expansion.  By some measures, this is the longest bull market in the history of the United States. If this fact makes you nervous, you are not alone.  No one wants their retirement savings at risk. So, Will the Stock Market Crash? Ha.  Thought you’d get…

income gap retirement bankruptcy

The First Lifelong Victims of the Income Gap Are Retiring and Bankruptcy Rates Are Skyrocketing

If you made it into the ranks of high income earners, you are probably going to be okay in retirement.  If you are part of the working class, the news is not as great. The first victims of the income gap are beginning to retire and feeling financially secure in retirement will be difficult for…

The Mid Life Crisis and Planning for Your Retirement: 5 Ways to Boost Retirement Savings in Your 40s, 50s and 60s

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.  This financial stress…

new medicare cards

9 Things You Need to Know About the New Medicare Cards

The more things change, the more they stay the same.  In response to privacy concerns about the old Medicare cards that included your Social Security number on them, Medicare is in the process of issuing new Medicare cards.  The new cards have a new number, but not much else is changing. Your wallet will hopefully…

retirement stress

The Right Kind of Stress for a Secure and Super Retirement

When most people think about financial and retirement planning, feelings of stress, worry and anxiety rise in our throats. And, this stress exists for good reason. Less than 50% of people have a written retirement plan. The majority of people simply don’t have enough saved for this time of their lives. And, even if you…

best places to retire

The Best Places to Retire 2018: Should You Stay or Should You Go?

We all love reading lists of the best places to retire.  They interest us and they make us think about what is possible in retirement. Should you relocate? Or, is staying put one of the best places to retire? Why Relocate for Retirement? Days in a hammock on the beach?  Fishing mountain streams? Long afternoons…

red dart on the center of a black and white target

Why an Investment Policy Statement is the Secret Weapon Your Retirement Plan Needs

An Investment Policy Statement (IPS) is a document that is usually drafted by a financial advisor for their client. An IPS is meant to define: Investment goals Strategies for achieving those objectives A framework for making intelligent changes to your plan Options for what to do if things don’t go as expected Keep your retirement…

cognitive bias

How to Outsmart Your Own Brain for a Better Retirement (Overcome Damaging Cognitive Biases)

Your brain is not necessarily set up in a way that makes it easy to plan a secure retirement. You have cognitive biases — faulty ways of thinking that are unfortunately hardwired into your brain — that work against you. Wikipedia lists 185 different kinds of cognitive biases. While they are all probably somewhat damaging…

jumbo reverse mortgage

Jumbo Reverse Mortgage and Proprietary Reverse Mortgage Loans

Jumbo reverse mortgages – also known as proprietary reverse mortgages – are loans designed and offered by financial institutions that enable owners of high-value homes to access greater amounts of their home equity than is available from the government insured HECM reverse mortgages. Unlike the standard HECM reverse mortgage, jumbo reverse mortgage products generally do…

retiring alone

13 Key Tips for Retiring Alone (Or, If You Become a Solo Senior or Elder Orphan During Retirement)

Sometimes it feels like the world is designed for couples.  People throw dinner parties for couples.  Most forms ask about your spouse.  And, let’s face it, retirement and aging — an era when you’ll genuinely sometimes need a helping hand — can feel kind of scary on your own. Whether by circumstances or choice, the U.S.Census…

Retirement check in

The Importance of a Quarterly Retirement Check In

Figuring out what you are going to do in retirement and how you are going to pay for it is not something you do once and just “forget about it.”  You should plan for a quarterly retirement check in. Retirement planning is kind of like owning a house — you put in an upfront investment,…