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 calculator with pension

Retirement Calculator Including Pension

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 including pension. Whether you have a state retirement pension,…

Winter Got You Down? Make a Sunnier Climate a Retirement Reality

Rain. Snow. Sleet. Cold. Once the coziness of winter holidays passes, dark weather can weigh heavily on our psyches.  However, when you retire, you have more freedom to seek and enjoy sunnier or more temperate climates. What’s holding you back? Here are nine tips, tricks and things to consider when thinking about a warmer location…

preparing for retirement

Feelin’ Groovy? Slow Down. Don’t Move Too Fast Preparing for Retirement

It seems that we are “feeling groovy” these days about our retirement prospects. Groovier and groovier over the past few years in fact. The Employee Benefit Research Institute’s (EBRI) retirement confidence survey reports that the percentage of workers who feel very or somewhat confident about having enough money to live comfortably in retirement has been…

types of reverse mortgages

How Many Types of Reverse Mortgages Are There?

Reverse mortgages are often talked about as a means to increase cash flow by tapping into home equity in retirement. But have you heard the full story? Do you know there’s more than one type of reverse mortgage? There are many types of reverse mortgages.Does one open the door to financial security for you? There…

life after retirement

Prepare for Life After Retirement: 4 Ways to Find Meaning and Purpose for this Stage of Life

While we’re in the daily grind of working for a living, we often visualize life after retirement as happy, stress-free relaxation.Getting a little R&R is certainly important, but there is a limit to the amount of napping, puttering around the house and daytime television a person can take. Without a plan for life after retirement,…

stock market correction

How Much Should You Worry About a Stock Market Correction? Numbers and Tips for Weathering a Financial Storm

The past month has seen some wild dips in the stock markets. Nothing yet too terribly miserable for most, but enough to make us jittery. Should we be worried about a stock market correction? The easy answer is yes. After all, investing in the stock market is inherently risky and today’s world feels more unpredictable…

how to become a millionaire

How to Become a Millionaire… AFTER Retirement…

How to become a millionaire? Increase your wealth? AFTER retirement? Um… No way you might say. So many retirement articles talk about how to make ends meet in retirement. And, most of us are indeed worried about running out of money and ask: “Will my savings really last as long as I do?” However, maybe…

year end tax advice

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

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 2018 tax burden. Below are four key end of year tax strategies to help you keep more money — including information on new tax rules and how the tax planning…

retirement year end checklist

Your Year End Retirement Checklist: 15 Tips to Get Ready for a Great 2019 and Beyond

Feeling frazzled by holiday fanfare? Do you also have nagging worries about your retirement plans? One of the best ways to control stress of any kind is to make a list and check it twice. And we have done that for you. Here is a handy yearly retirement checklist — 15 things you should do…

2018 Medicare Open Enrolllment

Last Days for Medicare Open Enrollment for 2019: 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 2019 Medicare Open Enrollment season is upon us and will last from Oct. 15 to Dec. 7. Now is the time to assess your…

The Retirement Calculator for Married Couples (or Any Couple)

Retirement planning is complicated.  Retirement planning when you are married — or part of any kind of committed couple — is doubly complicated.  You need to use a retirement calculator for married couples.  Or, a retirement calculator for couples. When you are part of a couple, there are literally double the financial considerations. Furthermore, your…

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

Checklist For Retirement Planning: 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 checklist for retirement planning if you want to feel great about your financial future. Whether your are fabulously…

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…