A pretty common retirement planning question people ask is, “what’s the most important thing I can do to plan for a successful retirement?” And, the answer might surprise you… You might expect a response like, “buy low and sell high”, and although it’s a good one, it’s not the answer we’re focused on. Or [...]
Although one of the most common retirement planning questions is how much money will I need for a successful retirement, it may be more important to focus on how much income you’ll need during your retirement years. Turning your savings into retirement income involves complex and comprehensive planning as well as preparing for a number of unknown variables. One [...]
According to a recent TIAA – CREF Institute study, those individuals that have some source of guaranteed income in retirement are 60% more likely to report higher retirement satisfaction. Both immediate and longevity annuities can provide a guaranteed income stream in retirement in exchange for a lump sum payment, yet the two work in different [...]
Those old Polaroid instant cameras were the epitome of high-tech back in the day. Think about it, before that you had to wait a week or so to get your pictures developed, and now here it was in the palm of your hand within mere seconds. That camera was like an instant party; you [...]
Hopefully you’re ready to spring ahead because last weekend we moved the clocks forward for daylight savings time. Although it kind of feels like we’re losing an hour, nobody can argue with having those extra hours of daylight. Most everyone seems happier with more time in the sun. It signifies that winter is coming to [...]
Retiring early can be extremely challenging, but not impossible. You may be able to achieve your goal of an early retirement if you follow certain steps to help get you on the right path. However, it will require you to cut down on your expenses, increase your retirement savings, or find a combination of the [...]
“The first thing I’m going to do is sleep in, no more alarm clock!” That’s a common answer many people give when asked what they’ll do on their first day of retirement. And, it’s a pretty understandable response from someone who has been waking up to an alarm clock for the last 40 years or [...]
After first creating your retirement plan, you must constantly review your strategies to make certain that you stay on track toward achieving a safe and rewarding life in retirement. It’s important that you educate yourself and seek assistance from a trusted financial advisor to help achieve your personal retirement goals. In the end, planning your [...]
When was the last time you tried something new? Lately I’ve noticed a lot of people trying a new sport or hobby later in life, and finding enjoyment they never anticipated. From hiking to cooking, I come across plenty of people who are taking up new things and having a blast. People are throwing out [...]
Many of us have a favorite type of food and even a favorite meal. For instance, if I could only eat one type of food for the rest of my life I’d probably choose Italian. Everyone approaches food differently… Some people are adventurous and like to try new and exotic dishes instead of ordering the [...]
