Which Are the Most Tax Friendly States for Retirees 2020?
Are you in a tax friendly state for retirees? Explore the best states for taxes and review the income and sales tax rates in all 50 states.
Latest Posts
What is a Health Savings Account? And, Why It Can Be a Great Retirement Savings Option
What is a Health Savings Account? Explore 4 ways it saves you money and why you might want to use one for retirement savings.
Estate Taxes: Where You Live is a Big Factor for How Much Your Heirs Will Pay
Trump promises cuts to federal estate taxes. But, unless you are very wealthy, what your heirs pay depends on where you live. Learn your state’s policies.
The 21 Big Retirement Mistakes that Most People Make and 21 Easy Fixes for a Better Future!
At least 50% of all Americans make many of these 21 big retirement mistakes. Which problems do you have? Here are 21 easy fixes. Act now!
Making Friends in Retirement (and Before)
Making friends in retirement can be difficult, but incredibly important. Get tips for forming meaningful and joyful relationships.
What to Do When Stocks Go Down: 10 Surprising Moves
Are you trying to figure out what to do when stocks go down? Check out these 10 tips. Numbers 3, 7 and 9 are particularly useful!
Podcast: David Stein — Money for the Rest of Us
Episode 36 of the NewRetirement podcast is an interview with David Stein — a former institutional money manager and current world-class podcaster with 12 million downloads, author and speaker — and they discuss his new book Money for the Rest of Us: 10 Questions to Master Successful Investing. Listen Now: Don’t miss out on future…
14 Reasons Why Retirement Jobs Are the Best!
Retirees and other working seniors are learning that retirement jobs can be more than just work. Here are 14 reasons to consider working after retirement.
Getting Old is for Making Money! 10 Super Surprising Facts About Financial Success Later in Life
You might be surprised by the facts of being an entrepreneur after 50! Financial success later in life is FAR more common than you might think. Can you guess which of the following statements are fact and which are fiction? Most Entrepreneurs Worldwide are 55-64 FACT According to the Global Entrepreneurship Monitor (GEM), the highest…
The 12 Best Life Expectancy Calculators and Why You Should Use One When Planning Your Retirement
Your longevity is one of the most significant unknowable factors that determine how much you need for retirement, how much you can spend, how much time you have to do the things you want to do and more. Estimating your longevity using one of the best life expectancy calculators can be a good way to improve…
Retirement Income Strategies: 18 Ideas for Lifetime Wealth and Peace of Mind
We’ve spent our whole lives working, spending the money we earn and hopefully saving a little too. When we retire, everything we have ever experienced about managing our own finances gets turned upside down. We no longer earn as much or any money from work. We have to figure out how to make do with…
Purposeful Ideas for Retirees Seeking a Second Career or a Big Life Change
Lots of people “retire” to a whole new second career or a very different way of life. In fact, for the majority of retirees, retirement no longer means pursuing a life of leisure. Retirees today are finding new purpose for their “golden years.” Some people want to change their life completely. Others just want a…
Is a Financial Advisor Worth It? 10 Tricks for Developing a Worthwhile Relationship
A lot of people wonder if a financial advisor is worth it. Are they really worth the time, expense and hassle. It can be a sizable expense and you don’t want to make mistakes or feel uncomfortable about the process. If you decide you could benefit, it is important to choose an advisor that is…
Do You Have a Planning Mindset? It May Be the Right Route to a Happy Retirement
So much of life is determined by your mindset. How you think about things can result in how things are and will be. Recent research from Wells Fargo has found that “planning is actually everything.” And, particularly true if you want to feel great about your financial future. Planning Mindset: They Key to a Happy…
3 Mental Blocks Preventing Your Secure Retirement
There are all kinds of things we say we want to do, but very often we don’t get them done. For example, maybe you want to exercise more, read “War and Peace,” or develop an adequate plan for a secure financial future… but are you actually succeeding? Apparently, it is not enough to want to…
Can You Do Better than Average on this Quiz of Your Retirement Financial Literacy?
Retirement financial literacy is low. Most of us do not know very much about the fundamentals of how personal finance works. Just look at the average retirement income and you will realize that most people are unprepared and unaware of what is needed for a secure retirement. However, a survey suggests that financial literacy is…
15 Scenarios to Try with a Comprehensive Retirement Calculator! Discover Real Ways to Strengthen Your Finances
Did you know that a truly comprehensive retirement calculator can do A LOT more than answer the questions most of us know to ask: When can I retire? How much do I need to retire? Am I likely to run out of money? There is so much more to retirement planning than just having enough…
Jumbo Reverse Mortgage and Proprietary Reverse Mortgage Loans
If you interested in getting money out of your home and your home is worth more than the average, you should know about the jumbo reverse mortgage.
New and Useful: Retirement Planner Now Has Additional Withdrawals Strategies, Tax Enhancements and More…
The NewRetirement team is always scrambling to add new and useful functionality to the NewRetirement Planner. This week we are introducing additional withdrawal strategies, better handling of capital gains on after-tax accounts, and faster, more detailed Inspector charting. Log in now to start using it or learn more below. Withdrawal Strategies You can now choose…
Average Retirement Income 2020: How Do You Compare?
How are you going to pay for retirement? How is everyone else doing it? What is the average retirement income 2020? Are you anywhere close to average? Although the economy has been booming, many of us are going to come up short for retirement income — even if you can optimize your assets to turn…
The No Regret Retirement: Make Sure You Are Happy with the Big Decision
Retirement is a big deal. It is a major life transition and just like you didn’t want to choose the wrong college, marry the wrong partner, take the wrong job, or have too many kids, you want a retirement without regret! Here are a few tips to make sure you are happy and satisfied with…
Podcast: Larry Swedroe — A Successful & Secure Retirement
Episode 35 of the NewRetirement podcast is an interview with Larry Swedroe — director of research for Buckingham Strategic Wealth. They discuss his new book, Your Complete Guide to a Successful & Secure Retirement, and what he’s learned helping people plan for their future over his 20+ year career in financial services and wealth management.…
Important: New SECURE Act Brings Big Changes for Retirement Planning
The SECURE Act — formally known as the “Setting Every Community Up for Retirement Enhancement” Act — is designed to help people better use retirement savings and save more. However, it also has some big tax implications related to leaving behind an estate. It is important that you are aware of these changes and you…
65 Retirement Tips for a Healthy, Wealthy and Happy Retirement!
If you want to have a good retirement, you need to figure out what that means to you. Do some life planning for retirement, set goals and use these retirement tips to create a plan that allows you to achieve exactly what you want. What do most of us want? It is usually pretty simple,…
Podcast: Scott Rieckens — Playing with FIRE
Episode 34 of the NewRetirement podcast is an interview with Scott Rieckens — two-time Emmy-nominated filmmaker and F.I.R.E. (Financial Independence, Retire Early) enthusiast. Steve and Scott discuss Riecken’s new documentary: Playing with FIRE. Scott and his family have made huge changes in their lives in order to get on track for FIRE. This is their…