Making Money Into Our Golden Years
Thursday, May 6th, 2010Let’s face it: These days, economic uncertainty is higher than ever and our once-safe retirement years may not be so safe, after all. Social Security is going broke, Medicare is projected to go broke by 2017. Add it all up and making money into our golden years might actually be something that is a mandatory [...]
Important Changes to Your Retirement Income
Saturday, July 4th, 2009One dollar can’t buy as much as it used to – and it’s not just the time span of a few decades that make this true. Those coming upon their retirement ages are starting to discover that their retirement income won’t stretch as far as they once thought; unfortunately in rare cases, many retirees might [...]
5 Unique Retirement Income Streams
Sunday, May 10th, 2009What’s in your retirement savings plan? Though you most likely have income from just one source now, which would be your job, most Americans will have the big “three” retirement income sources after they stop working – Social Security, 401(k) or IRA, and company pension. However, you are not limited to just these sources of [...]
4 Retirement Tax Facts You Need to Know
Tuesday, April 14th, 2009Taxes are as definitive during your golden years as they are when you are preparing for retirement. Though there are some great tax benefits while you save for your retirement, there are some facts you should keep in mind that will allow you to plan ahead to reduce your tax burden when you finally begin [...]
How to Manage a Potential Pension Freeze
Sunday, April 12th, 2009As the American economy continues to affect the bottom line of big businesses, larger employers are finding ways to save money by cutting employee benefits. One of the ways to save money is by establishing a pension freeze for all employees. What Happens in a Pension Freeze? A pension freeze does not mean [...]
Real Estate Investment: A Strong Foundation For Your Retirement Savings
Saturday, January 24th, 2009Given the current state of the economy, you might be surprised to learn that real estate investment is still a viable financial option for retirement, especially as the housing market continually dips to new dramatic lows. However, if you’re smart about your investment research – and are far away enough from retirement to wait long-term [...]
How to Rebuild Your Retirement Nest Egg in 2009
Wednesday, January 21st, 20092008 proved to be a tremendous bear market for Wall Street. With investor confidence at an eight year low and stocks continuing to see loss in value, some 401(k) and IRA accounts have lost upwards of 20% or more of their pre-2008 value. With these types of losses felt across the board, how can you [...]
Common Factors Affecting Retirement Income
Tuesday, January 13th, 2009When it comes to planning for your retirement income, it’s easy to overlook some of the common factors that can affect how much you’ll have available to spend. If you don’t consider how your retirement income can be impacted by investment risk, inflation risk, catastrophic illness or long-term care, and taxes, you may not be [...]
Closing a Retirement Income Gap
Sunday, January 11th, 2009When you determine how much income you’ll need in retirement, you may base your projection on the type of lifestyle you plan to have and when you want to retire. However, as you grow closer to retirement, you may discover that your income won’t be enough to meet your needs. If you find yourself in [...]
Myths and Facts about Social Security
Tuesday, January 6th, 2009Myth: Social Security will provide most of the income you need in retirement Fact: It’s likely that Social Security will provide a smaller portion of retirement income than you expect There’s no doubt about it–Social Security is an important source of retirement income for most Americans. According to the Social Security Administration, more than nine [...]
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