Retirement News, Information and Guidance

best retirement plans

Best Retirement Plans: Definitive Ranking of the 25 Best Ways to Spend Retirement

So, what are the best retirement plans? Well… there is no wrong way to spend retirement. Without the grind of a job, you typically have the freedom to allocate your time however you wish. However, these 25 ideas and lifestyles just might rise above the rest as the best ways to spend your retirement. The…

Early retirement

5 Steps for Defining Your Retirement Drawdown Strategy

If you’re reading this, you’re likely someone who: saves money, has built up some assets and is starting to think about how to create a retirement drawdown strategy — a plan for how to turn your assets into income that will last for life.  (Nice work!) Having a sound retirement drawdown strategy and keeping to…

decision to get a reverse mortgage

Should You Tell Family or Heirs About Your Decision to Get a Reverse Mortgage?

The only people you NEED to tell about your decision to get a reverse mortgage are those who are living in your home with you.  However, there are many benefits to sharing your decision with other family members – especially potential heirs. Here are 5 reasons why you might want to tell your loved ones…

retirement at 65

Is Retirement at 65 Ridiculous?

“Retirement at 65 is ridiculous.  When I was sixty-five I still had pimples.” — George Burns It seems that George Burns was onto something.  More and more older Americans are working well past the traditional age of 65 and there is good reason. According to the Bureau of Labor Statistics, the overall U.S. work force…

7 Creative Ways to Retire: Even Without Adequate Savings

If you think you haven’t saved enough for a truly secure retirement, think again.  The impossible could become possible with these 7 creative ways to retire. 1. Take a Mini Retirement or Gap Year If you are emotionally or psychologically ready for retirement, but your finances are not quite there, you might consider exploring taking…

stocks too high 2017

Stocks Are Too High?

“As the major stock indexes have, one-by-one, broken through their previous record highs in recent months, it has been interesting to observe that the dominant reaction among many investors has not been one of celebration but, rather, anxiety.” While the above may sound like current events, it’s actually an excerpt from an April 2013 client letter….

best places to be retired

Where Are the Best Places to Be Retired? (The U.S. Currently Ranks 17th Worldwide)

So where are the best places to be retired? According to a new study, 2017 Global Retirement Index Report from Natixis Global Asset Management, the top 10 overall countries that rank highest overall are: Norway, Switzerland, Iceland, Sweden, New Zealand, Australia, Germany, Denmark, Netherlands and Luxembourg. The United States fell 3 places this year and…

retirement investment plan

6 Competing Priorities that Make a Retirement Investment Plan So Complicated — Especially After You Retire

Saving for retirement is hard.  However, when you are still working, creating a retirement investment plan can be comparatively straightforward.  The goal is to simply grow the money. But watch out! When you retire, your investment goals become multi faceted, layered and — let’s face it — down right complicated. You still want your money…

what is a reverse mortgage and how does it work?

What is a Reverse Mortgage and How Does it Work?

If you are retired or nearing retirement, you have probably asked yourself, “what is a reverse mortgage and how does it work?” Reverse mortgages can be confusing. Here are some straightforward answers about what they are, how they work, who qualifies and much more… What is a Reverse Mortgage? Let’s start with the basics: what…

retirement coach

Do You Need a Retirement Coach? 6 Ways a Life Coach Can Help You Have a Better Retirement

You’ve saved money, but are you really ready for retirement? Or, as a particular type of retirement coach might say, “Are YOU READY??!!????” Using a life coach for retirement might sound crazy. But, it’s not. While some people prepare for the financial aspects of retirement, it is not clear how many people develop clear plans…