With hints of Spring in the air after what seems like an endless winter, warm weather communities are seeming more and more attractive to retire to. Why live in an area where you look forward to a few short summer months, when you can live in warmth year
Preparing for retirement is like nearing the finish line in a marathon: after so long, the end is finally in sight. In fact, that finish line is really the starting line in a different race—and in order to run it successfully, you have to plan for it.
Will you have enough to retire on? Or, will you outlive your money? These are important questions to ask, as Americans are living longer than ever before. And a recent study shows that many feel financially unprepared to live longer.
We’ve all heard that half the marriages in the United States end in divorce. Many times after a divorce, the IRA owner forgets to change the beneficiary. In most cases, courts have ruled that the ex-spouse is entitled to the funds despite the divorce.
Social Security may be one of the cheapest annuities available. But wait...you don’t “buy” your Social Security annuity payments, right? You’re simply entitled to receive them after meeting certain requirements. Nevertheless. (Part 2 of 2)
Has the economy soured Americans’ views on retirement? A recent survey reveals that a wide range of emotions currently exist among different generations regarding retirement—spanning from positivity and contentment to anxiety and regret.
Social Security may be one of the cheapest annuities available. But wait...you don’t “buy” your Social Security annuity payments, right? You’re simply entitled to receive them after meeting certain requirements. Nevertheless. (Part 1 of 2)
Most people who have a 401K or an IRA have little idea of where their money is invested. When you ask them, “Where’s your retirement money?” they reply, “At the bank” or “With my broker.” No wonder so many people are financially unprepared for retirement.
These days we are seeing many more retirees going back to work after their normal retirement date. With the present economy, many require more income to support their lifestyle, while others become bored and need a work-related discipline in their lives.
At some point in their lives, most workers will find themselves facing several options relating to retirement benefits when they leave an employer. They need to be as adequately informed as possible in order to make the best choices.