Retirement Planning

Peter and Steve discuss what the next 30 years might bring us and how that could impact our lives and the lives of future generations.

Online retirement forums are great options for discussing money and getting answers to financial planning questions.

Retired athletes too often face financial ruin. According to authoritative reporting by Sports Illustrated, approximately 78 percent of NFL players either go bankrupt or face some serious financial stress within two years of ending their playing careers, while 60 percent of NBA players are broke within five years of retiring from the game. More recent…

Steve and Roger discuss an agile process to truly rock retirement, not just survive it. Make the most of this period of life.

Episode 54 of the NewRetirement podcast is an interview with Paula Pant, the Founder of Afford Anything, a personal finance site, and host of the Afford Anything Podcast with 15 million downloads. (congrats!) Paula’s core belief is that you can “Afford Anything but not Everything”, and every decision has a tradeoff. We’re going to discuss…

 At age 47 I was jobless, emotionally broken after an abusive marriage, and running through savings to keep a divorce attorney in my corner. Grieving my mother’s death and terrified that my disabled adult daughter and I would end up homeless, I couldn’t see any kind of future for myself. Within five years I had…

This post is about a price increase taking effect on Tuesday, March 2, 2021, why we’re making the price change and our vision going forward.  (NOTE: If you are a current paying subscriber, your fees won’t change.) Read below to learn more about us and why we need to increase prices. We appreciate your support…

How are you going to pay for retirement? How is everyone else doing it? What is the average retirement income for 2021? Has it changed a lot from past years with the pandemic? Are you anywhere close to average? 2020 was a devastating year for the finances of many households. And surprisingly, it was also…

There are a lot of hurdles to overcome when figuring out how to retire early — before 65. However, early retirement health care is one of the most fiscally challenging. Medical care is going to be expensive no matter when you retire, but the picture is more serious for those who retire early, by choice…

Authors Amanda Lambert, a geriatric care manager and consultant, and Leslie Eckford, a licensed clinical social worker and RN with a focus in mental and geriatric health, have published Choose Your Place, Rethinking Home as You Age. The book is great for anyone who is thinking about retirement and is willing to consider where they…

Episode 52 of the NewRetirement podcast is an interview with Ben Carlson — Director of Institutional Asset Management at Ritholtz Wealth Management — and discusses whether we’re in a bubble, how to invest in a bubble, and Carlson’s new book, Everything You Need To Know About Saving For Retirement. Listen Now: Don’t miss out on…

Keeping your retirement savings on track helps you meet your retirement goals. That seems like a very simple concept, and in a way it is. But living with that plan every day isn’t quite so simple. Knowing how much one should save for retirement is useful — it can motivate you to take action. And…

Episode 51 of the NewRetirement podcast is an interview with Melissa Fredette — former President of Postgraduate Programs at Hult International Business School — and discusses what she learned during her journey to FI and as she transitions into retirement before 50 using a portfolio of rental properties. Listen Now: Don’t miss out on future…

As you look for signs of recovery from the economic turmoil of the pandemic, you’ll want to keep your eye on a few economic indicators that are usually seen as bad news. Why? Well, because in the topsy turvy world we live in today, bad news may actually be good news. Rising Unemployment Rising unemployment…

The 50th NewRetirement podcast! This time, Steve Chen is joined by guest Dana Anspach — Certified Financial Planner™, author, and the founder of Sensible Money — and discusses her practice and approach to retirement income planning. Listen Now: Don’t miss out on future episodes: subscribe on iTunes subscribe on Stitcher And, join our private Facebook…

Financial planning is probably not on your top ten list for how to spend your time. However, getting your hands around your finances and planning a secure future retirement can make you feel great. And, it doesn’t have to be hard. Here is your complete retirement planning guide. This simple eight step plan will help…

Episode 48 of the NewRetirement podcast is an interview with JL Collins — a best-selling author and financial independence guru — and discusses the what, why, and how of Financial Independence as well as Collins’ book, “The Simple Path to Wealth”. Listen Now: Don’t miss out on future episodes: subscribe on iTunes subscribe on Stitcher…

Are you wondering how to to retire overseas? If so, you’re in good company! Retiring Overseas Has Almost Doubled in Popularity Retiring abroad has become increasingly popular.  According to the Social Security Administration, the number of retirees who draw Social Security outside the U.S. jumped 40%, to more than 413,000 between 2007 to 2017. And,…

You’ve worked diligently and paid your taxes along the way. When retirement finally arrives, you deserve to collect at least some tax-free retirement income without Uncle Sam coming back for more. With a bit of strategic planning, it’s possible to enjoy much or even most of your retirement income tax-free. The following seven sources are…

The Ulysses Strategy (Ulysses is the Latin name for Odysseus) is a method financial planners developed to keep savers and investors from listening to the sirens’ call that could wreck their financial ship. The Story of Ulysses and the Sirens In “The Odyssey,” the great adventurer Odysseus spends ten years trying to get home safely…

A study from a team of researchers at Oregon State University shows that the longer you wait to retire, the longer you will likely live. So if you are planning to put off retirement until after 65, get your retirement plan ready — you’ll want to make sure you have planned to afford the extra…

When most people think about financial and retirement planning, feelings of stress, worry, and anxiety rise in our throats. This stress — while unpleasant — exists for good reason. Stress serves a purpose. Less than 50% of people have a written retirement plan. The majority of people simply don’t have enough saved for this time…

If you are in the countdown to retirement – marking the days until you can launch into the next stage of your life –  this checklist is for you. In the past, many people thought of retirement as a time of life when things slowed down. Now, retirement is more of a blast off into…

ADVERTORIAL Financial planning is probably not on your top ten list for how to spend your time. However, getting your hands around your finances and planning a secure future retirement can make you feel great. And, it doesn’t have to be hard. Here is your complete retirement planning guide. This simple eight step plan will…