Category: Retirement
How much to save if you want to retire early
How much do you need to save to retire young? It depends on how quickly you want to retire and your target budget in …
At 83, this woman is the oldest ‘Tough Mudder’ racer in the world
Whatever you may think on first hearing the name “Muddy Mildred,” you will probably be wrong. Wait … Yeah, definitely wrong. Because Muddy Mildred is not …
How much should you contribute to your 401(k)?
Once you set up your retirement plan at work, the next natural question is: How much should I put in my 401(k)? While there’s no …
Do Americans think they can afford medical bills after retirement?
Retirement is called the golden years for a reason. After a lifetime of hard work, it’s time focus on yourself and your hobbies and passions, like …
Your 27-point retirement checklist
It’s never too early to start thinking about retirement. In fact, the more you do now, the easier retirement will be. Retirement can be …
These women are spending their retirement photographing sea snakes
Ah, grandmas … the sweet, retired dears. They are always knitting afghans and canning mysterious fruits, baking cookies, tending their azaleas and swimming a couple of …
Here’s how many Americans plan to pay for retirement
More than two thirds of employees in the United States expected their main source of retirement income to come from retirement plans, such as 401(k), 403(b) …
4 ways to protect yourself from forced retirement
While younger workers might have the luxury of finding new jobs with higher wages, the pandemic pushed many older workers to retire, according to a new …
Cheap businesses you can start after retirement
After so much planning, you are finally living off your 401(k) and are looking for another string to your bow in terms of income. However, since you’ve reached a …
How much money do you really need to retire?
There’s one thing you know for certain: you want to retire. However, the thought of calculating (and recalculating) exactly how much you need to make it happen can …
Here’s how much money you really need to retire
The venerable 4% rule isn’t as unassailable as many people think (as Ben Le Fort points out in this article). Image Credit: Prostock-Studio / istockphoto. Definitions and …
Should you really put your bonus into your retirement fund?
If you’re wondering what to do with bonus money, you’re not alone. Investing your bonus money in a tax-advantaged retirement account like a 401(k) has some tangible advantages. …
Want to retire early? You need to know about this rule first
The rule of 55 is a provision in the Internal Revenue Code that allows workers to withdraw money from their employer-sponsored retirement plan without a penalty …
9 easy ways to prepare for retirement right now
Preparing for retirement is such an essential endeavor for anyone. In America, only 50% of people calculate how much money they should save for retirement, and …
The most luxurious retirement communities in America
You’ve worked hard, and now it’s time to live the luxury retirement lifestyle you’ve wanted. Imagine waking up each morning to stunning views of the mountains …
Yes, you can pair a hearing aid to your iPhone. Here’s how
If you’re one of the 30 million Americans over 55 experiencing some degree of hearing loss, you know just how frustrating talking on the phone can …
5 investment tips every retiree should know
A lot of personal finance advice is about saving for retirement. But the need for saving and investing doesn’t stop once you’re done working; seniors also …
Want to retire abroad? Here are 9 great countries to consider
Are you an American thinking of retiring abroad? If so, you’ll want to consider this list of countries that you can move to. Each country offers …
How Biden’s new bill could help you save more for retirement
The last lingering sense of bipartisanship was on display last week in Congress. In a nearly unanimous vote, the House of Representatives passed a bill …
What are retiree loans & should I get one?
You might assume that once you’re retired, you can’t take out a loan — for a home renovation, a new car, or an emergency — …
Inherited a 401(k)? Here’s how to minimize taxes
Inheriting a 401(k) can add a wrinkle to your financial plan from a tax perspective. Under 401(k) inheritance tax rules, any assets passed on from …
How to afford senior housing & elder care
The demand for an affordable senior living option is high. According to the Joint Center for Housing Studies of Harvard University, the biggest expense of seniors is …
Can you retire at 55? Let’s run the numbers
Can I retire at 55? It’s a question you might be asking yourself if you’re hoping to make an early exit from the workforce. While normal …
Boomers may want to steal these 3 money tips from Gen Z
In a recent MoneyGeek survey, 40% of Gen Z respondents, those born between 1997 and 2021, said their biggest financial goals for 2022 are paying down …
The real differences between traditional & Roth IRAs
When saving for retirement, you’ll typically have two choices for how you’ll fund your IRA. With a traditional IRA, you’ll contribute pre-tax dollars that will grow inside the …
This is how much you should be saving for retirement
How much you need to save for retirement depends on where you live and your individual situation. You’ll often hear the benchmark of $1 million as …
40 scary facts about retirement
The traditional path to retirement was to put away a certain amount of personal savings, build a retirement fund — often with the help of an …
Boomers: Here’s where you can find the best travel discounts
Are you a senior citizen or a retired person looking for travel discounts? If so, you’ve come to the right place. In this post, we’ll share …
9 ways to make sure you’re really ready for retirement
Preparing for retirement is such an essential endeavor for anyone. In America, only 50% of people calculate how much money they should save for retirement, while …
Would you retire in a Disney-themed community?
If the recent spate of theme-park-esque retirement homes are to be believed, bingo nights are about to go the way of the dodo. Baby Boomers …
