Author: Kathleen Coxwell

Going Back to Work After Retirement: The Good, the Bad, and the Ugly

After a lifetime of working and saving, you’ve finally come to the point where you feel comfortable enough to retire. Though the long-winding path to reach this milestone was supposed to bring more peace of mind; instead, now that you’ve left the workforce, it has precipitated a fear of outliving your money. “The main financial…

What Do Financial Advisors Do? (And Do I Need One?)

The best financial advisors offer many benefits to their clients. However, many of us think that they only provide advice on investments to extremely wealthy people. Financial advisors can offer you confidence, security and a secure retirement plan.Here are six things that financial advisors do to benefit clients of all levels of wealth. 1. Financial…

retirement solution

Retirement Solutions for the 7 Worst Retirement Mistakes

If you are thinking about retirement, congratulations! This is a big decision. Did you make the right retirement preparations? Have you avoided the worst financial mistakes? Do you have the right retirement solutions? A strong retirement plan can mean the difference between outliving your retirement savings and being able to sustain your lifestyle for as…

retirement plan

Make Sure Your Retirement Plan is Ready to Slide into Home Plate

Financial planning for retirement starts sliding into home plate after 50. If you’re lucky, you’ve spent a lifetime preparing for it. You’ve maxed out your tax-deferred investment options, amassed dependable investments, curbed spending, kept debt manageable, and created a sizable nest egg to provide a comfortable retirement income. Not everyone has that benefit, though, which…

Retirement plan

401(k) Rollover: To Keep or Not to Keep Your Ex-Employer’s Retirement Plan

If you’re leaving one job and moving to another, or if you’ve lost or quit a job, there’s a decision to make. Should you keep your money in your ex-employer’s retirement plan, or should you move it? The answer lies in whether the old plan is performing well, or whether you’d be better off cutting…

achieve a secure retirement

How Real People Achieve a Secure Retirement and How You Can Too

Most people think that retirement planning is complicated and time consuming and maybe even futile. Too many people believe that a secure retirement is beyond reach. However, we have proof that improving your retirement plan is achievable and that it can even be easy and relatively speedy. Recent analysis revealed that a large percentage of…

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Baby Boomers Retiring: The Big Difficulties Facing This Generation

According to the Pew Research Center, the oldest members of the Baby Boomer generation came into retirement age in 2011, and for the next 19 years, 10,000 more boomers will turn 65 each day. The Boomers face unique challenges as they approach retirement. Unlike their parents, most Boomers are not able to rely on pensions…

Retirement

Pennies Add Up: Saving for Retirement in Little Ways

Using tools like your employer’s 401(k) or automatically taking money out of your paycheck are tried-and-true methods for successful retirement planning. But if you can look for less obvious ways to boost your retirement savings, you’ll reach your long-term goals much quicker. Here are some little, yet highly effective, ways to save extra money for…

Retirement planning

Warren Buffett’s Retirement Planning Advice

Warren Buffett earned his nickname honestly. The Oracle of Omaha’s success at investing is legendary, and he has ranked among the world’s wealthiest people time and again. But Buffett isn’t your typical wealthy business magnate. His retirement planning advice isn’t just for the rich and famous – it works for everyone. He’s known as frugal,…

Seniors Are More Vulnerable Finacial Scams: Here’s What You Can Do

It’s fairly common to believe that while a financial 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…