I can suggest dozens of questions that when answered, will define your retirement. And I can suggest more questions that when answered, will re-define your retirement. While money and having enough is important, there are other things to consider if you want your retired years to end with few regrets. For example, how will you …
Category: Retirement Planning
Ideas to help preserve and grow your money
Defined Benefit Pension Plans and Retirement
In days past, if you were fortunate, your full time job included what is known as a defined benefit pension plan. Your ‘benefit’ was determined, or defined, by how long you worked for that employer, your age when you retired, and how much you were making when you retired. That last element might have been …
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6 More Regrets to Avoid in Retirement
Yesterday I asked if you were feeling lucky. The idea being that if things work out for you, your journey end will arrive with few regrets. Before you conclude I’m trying too hard to deny you years of fun and games, I’m really focused on helping you enjoy a worry free and financially secure retirement. …
6 Regrets to Avoid in Retirement
Are you feeling lucky? As you reach the end of the road, worrying about what might have been has little purpose. Before you get there, you’ll likely pass through three phases. I refer to them as the the GO-GO years, the SLO-GO years, followed by the NO-GO years. When the average life expectancy for a …
Focus on Retirement Goals or Investments?
Have you got enough money? Is there a point in time when making new guesses about your retirement funds become an exercise in futility? Sure, you could probably work a few more years and have a few more bucks in the bank, but at what price? I’m reminded of the Social Security dictum that everything …
Equity-Indexed Annuities As a Retirement Strategy
My Comments: With this topic, we’re dealing with mixed messages, both are in a foreign language. On one side are the brokerage firms and investment professionals whose expertise is probably exceptional, telling you what’s the best thing to do with your money. On the other side are insurance professionals whose income is largely a function …
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Why You Should Create a My Social Security Account
Can you believe it??? Capitalism and socialism working together? Whoever caused that to happen should be voted out of office… What were those bas**rds thinking? Actually, there are more than 60 million Americans today who rely on monthly checks from the Social Security Administration. And believe it or not, there is a damn good website. …
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Americans Know They’re Not Ready for Retirement. But It’s Worse Than They Think
No one likes bad news. When it arrives almost daily, there is a tendency to treat it as noise and tune it out. When it involves retirement, tuning it out is easy since for most people, retirement is years away. Without a sense of urgency, it’s just another time consuming and relatively meaningless waste of …
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Don’t rely on retirement to make you happy
There’s a lot of talk about retiring early. As someone now in their late 70s, I find it hard to get my mind around the idea. I attempted to retire at about 70, found myself terminally bored, and un-retired. With any luck, I’ll keep working about 30 hours every week for the rest of my …
The new math of saving for retirement may boil down to this one, absurdly simple rule
It may sound simple, but making it happen for you may be very complicated. I think we’d all like less stress in our lives, but taking one simple step today to eliminate a major stress point in our future may be unrealistic. Nevertheless, this is worth thinking about. And if you can get yourself committed …
Helping Define Your Financial Future 