Retirement Planning News, Information and Guidance

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…

Podcast: Penny Hoarder Founder on Mission-Based Work, the Gig Economy and Entrepreneurial Success

Episode 15 of the NewRetirement podcast is an interview with Kyle Taylor — founder of The Penny Hoarder — the fastest-growing private media company in the U.S. for the second consecutive year. We discuss how mission-based work, the gig economy and millennial financial practices could be applied to entrepreneurs and achievers of all ages. Listen…

income gap retirement bankruptcy

The First Lifelong Victims of the Income Gap Are Retiring and Bankruptcy Rates Are Skyrocketing

If you made it into the ranks of high income earners, you are probably going to be okay in retirement.  If you are part of the working class, the news is not as great. The first victims of the income gap are beginning to retire and feeling financially secure in retirement will be difficult for…

The Mid Life Crisis and Planning for Your Retirement: 5 Ways to Boost Retirement Savings in Your 40s, 50s and 60s

It’s easy to assume that financial confidence increases over time.  You make more money as you get older after all. However, the opposite appears to be true.  Recent research suggests that financial stress — not confidence — increases as we age, peaks in mid life and then gets better through our 60s.  This financial stress…

retirement stress

The Right Kind of Stress for a Secure and Super Retirement

When most people think about financial and retirement planning, feelings of stress, worry and anxiety rise in our throats. And, this stress exists for good reason. Less than 50% of people have a written retirement plan. The majority of people simply don’t have enough saved for this time of their lives. And, even if you…

cognitive bias

How to Outsmart Your Own Brain for a Better Retirement (Overcome Damaging Cognitive Biases)

Your brain is not necessarily set up in a way that makes it easy to plan a secure retirement. You have cognitive biases — faulty ways of thinking that are unfortunately hardwired into your brain — that work against you. Wikipedia lists 185 different kinds of cognitive biases. While they are all probably somewhat damaging…

retirement insurance

6 Types of Insurance for a Worry Free Retirement

Saving money is hard enough. No one wants more bills to pay, especially when you’re on a fixed or limited income.But insurance is something of a necessary evil. And certain insurance plans can help you live out your golden years as worry-free as possible — a worthy investment in your well-deserved break from workaday reality….