Can I Retire Early?
Friday, May 15th, 2009It may surprise you in this current economic climate that people are still thinking about retiring early, but there are an increasing number of people who fully expect to be able to retire and pursue their hobbies or volunteering for an extended period following their careers. What are the secrets to being able to lower [...]
Beware Inflation!
Sunday, May 3rd, 2009“Inflation is taxation without legislation” – Milton Friedman Most people underestimate how much inflation will affect their retirement plans. Just like compound interest, the effects of a relentless year on year accumulation are significant. For instance, if you retire at 65, and think you may live until 90, which is not unusual nowadays, you [...]
Retiring to a Community
Wednesday, April 22nd, 2009For many seniors, the idea of retiring to a community is one which they do not relish. Most people’s retirement plans include staying at home, perhaps with some visiting nurse or assistant if health needs require, and not moving into a different environment. Sometimes this is based on a financial decision, as the cost [...]
How To Make Your Retirement Savings Last
Wednesday, April 22nd, 2009Thanks to major advances in the health sciences, life expectancy has never been greater than ever. With the average baby boomer expected to live to 77 and beyond, there’s never been a more well-positioned generation to enjoy a long and comfortable retirement – but are your retirement savings up to standard? With the oldest baby [...]
Why Invest?
Wednesday, April 15th, 2009Why is it that everyone thinks they need to invest for their retirement, to the extent that you feel guilty if you are not putting money away regularly? After all, you can do various things after reaching retirement age to give you income, such as taking out one of those reverse mortgages they keep advertising, [...]
Where Are You Planning to Retire?
Wednesday, April 8th, 2009It is surprising to me how many people I speak to who think that when they reach retirement age they will sell the family home and move to a new area that has appealed to them in the past. The idea of a Florida retirement, for instance, is one that is deep rooted in the [...]
The Realities of Real Estate
Friday, March 20th, 2009I was looking through some websites yesterday that listed property for sale in Florida. A Florida retirement is one of those ideas which many people have in mind as retirement approaches, and quite a few people like the concept of retirement living in a sunny and warm climate. You may also be interested in investment [...]