Retirement Planning News, Information and Guidance

7 Hot Button Political Topics that Could Impact Your Retirement Well Being

“All politics is personal,” so the saying goes.  And, this year that phrase is especially true for people nearing retirement. There are a lot of hot button topics on the table that have the potential to impact your retirement well being — no matter where you stand on the political spectrum. Here we discuss 7…

when to retire

When to Retire: How to Make the Right Choice with Advice from Decision Making Expert

When to retire.  Getting the answer to this question is — by far — one of the biggest decisions of your life and a choice that can cause a lot of stress. Here are 5 tips from Dr. Ruth Chang, a professor at Rutgers University and world renowned expert on making decisions, that should help…

preparing for retirement

Preparing for Retirement: 7 Secret Training Tips for a Successful Future

When you hear “preparing for retirement,” you probably think about savings and budgeting.  However, your finances are just one aspect that you need to consider. Sure, you need to have your financial situation in check when you retire, but other aspects of your life could use some prepping as well. Here are 7 important retirement…

retirement financial literacy

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 savings and you will realize that most people are unprepared and unaware of what is needed for a secure retirement. However, a recent survey suggests that financial literacy…

how to retire

How to Retire: 5 Steps to a Secure Future — Jump In!

You want to know how to retire. Figuring out the answer to this question can feel overwhelming and sometimes impossible — especially if you are already in your 50s or 60s. It has been hard just making ends meet month after month and now you are faced with creating a plan for the next 20…

retirement tax planning 2017

Retirement Tax Planning 2017: Tips for This Year and Beyond

Tis the season… tax season that is.  And, as you transition into retirement and live in leisure, a lot changes and continues to change, especially in the realm of taxes. Retirement tax planning 2017 is critical whether you are retired already or just thinking about it. While you will probably spend less on taxes in…

How much do you need to retire?

Why “How Much Do You Need to Retire” is the WRONG Question!

You might think that the most important retirement planning question is: How much do you need to retire.  While knowing the answer to this question IS critical, there is something else you need to figure out first. You need to know: What do I want to do in retirement? Here are 9 tips for figuring…

transition to retirement

10 Exceptional Tips for the Average Joe or Jane as You Transition to Retirement

We boomers were never average.  As the “me” generation, our uniqueness is a badge of honor.  However, approximately 10,000 of us transition to retirement everyday.  And, while we each have specific goals, ideas and financial circumstances, there are some things that apply to us all. Here is some exceptional retirement advice advice for the average guy,…

The Biggest Retirement Planning Mistakes Boomers Made and How to Fix Them

Data from the Insured Retirement Institute (IRI) suggests that Baby Boomers are completely busted and busted up about their retirement prospects.  Boomers have made some big retirement planning mistakes — even beyond giving away their record collections. The results of the IRI survey reveal that Boomers have an extremely dismal view of their future prospects. …

Average Retirement Age

Average Retirement Age: Is Early Retirement Even a Thing Anymore?

Up until a few years ago, early retirement was the goal of many older Americans. However, this trend seems to have peaked. What is an Early Retirement? There is no official measure of “early retirement.”  Retirement is a word that has come to mean many different things to many different people. However, when we talk…