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,…
Retirement Planning News, Information and Guidance
Scarcity can be a big problem in all kinds of situations, including retirement. You’re busy – probably more so than you’ve ever been. There are meetings to attend, important emails unread, and looming deadlines that seem more and more impossible with each passing day. You have absolutely no time to yourself, and you do everything…
The Big Takeaways… The way you create your lifestyle in retirement impacts your health, wealth and overall happiness. Health, happiness and wealth all rely on each other, so it’s important to not let your finances take priority over your wellbeing. You can create your own retirement plan in 5 minutes with the NewRetirement Planner. If…
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…
Blue Bird Day at Squaw with Avalanchephoto credit: Steve Chen Over the past few years I’ve had the opportunity to get to know several people who have achieved financial independence or are on the path to it. People like JD Roth, Darrow Kirkpatrick, Karsten Jaske (Big ERN), Fritz Gilbert, Dirk Cotton, Jillian Johnsrud, Jonathan Clements ,…
Episode 4 is an interview with Morgan Housel, award winning writer and venture capitalist with the Collaborative Fund. Hosted by Steve Chen, founder of NewRetirement, the NewRetirement Podcast offers interviews about the wise use of both money and time in retirement. We explore ideas and insights so that you can achieve a secure and meaningful…
One of the biggest fears you probably have about retirement is will your money last as long as you do. It is likely that you are also asking: How much can I spend? How much do I need? How much do I actually have? There are so many questions. Good news: the Stanford Center on…
In some ways, managing money in retirement gets a little easier than before. You only have the money you have, so your options are somewhat simpler and more limited. On the other hand, the rules of money management shift in retirement so it may seem more complicated to you. No matter whether you find it…
You have probably read somewhere that you need $1 million in savings to retire. While that is not entirely true, we are here to tell you that it IS possible to have a million dollar retirement even if you haven’t started saving quite yet. According to a recent GOBankingRates survey, 29% of adults age 55…
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 you can retire? How much you need to retire? Are you likely to run out of money? There is so much more to retirement planning than just having enough savings….
