5 Decisions to Make Before You Retire ››

5 Decisions to Make Before You RetireThe process of planning for retirement is a long one. Ideally, you should begin thinking about retirement on the day you start your very first job. In the early stages of your career, save as much as possible towards retirement, this will

How to Know if You’re Really Ready to Retire ››

How to Know if You’re Really Ready to RetireThe idea of retirement is a powerful one. For most people, retirement is a time to enjoy the fruits of a long and productive career, and to spend more time with family and on long-neglected hobbies. But the decision to retire is

Five Retirement Planning Trends to Consider ››

Five Retirement Planning Trends to ConsiderThe notion of retirement is still a relatively new one in human society, and the ways that we define retirement are continuing to change at a relatively quick pace. No longer can a person just prepare a simple retirement plan when they

Jump Start Your Retirement Savings Over The Next Five Years ››

Jump Start Your Retirement Over The Next Five YearsSaving for retirement is the longest financial endeavor you’ll ever undertake in your life. Whereas you may spend around 20 years raising your children, and 30 years paying off the mortgage on your home, if you start saving for retirement when you

5 Retirement Emergencies To Plan For ››

5 Retirement Emergencies To Plan ForDespite all our efforts at planning every aspect of retirement many years in advance, there are certain types of financial emergencies that can arise during retirement, and if we haven’t planned accordingly, then the consequences could be devastating. Remember that most of

What’s the Difference Between a Defined Benefit Plan and a Defined Contribution Plan? ››

What’s the Difference Between a Defined Benefit Plan and a Defined Contribution PlanJust a generation or two ago, the notion of retirement usually involved receiving a regular monthly check from your former employer after having put in 30 or more years of service. Today, individuals usually don’t have access to these types of plans,

Retirement Planning Advice for Boomers ››

Retirement Planning Advice for BoomersVery large numbers of “baby boomers” (people born in the post-World War II baby boom from 1946 to 1964) have started reaching retirement age. Some of these individuals have accumulated large nest eggs, while others may be significantly underfunded. Regardless of a person’s

Retirement Advice if You are Planning to Retire this Year ››

Retirement Advice if You are Planning to Retire this YearAre you planning to retire this year? Congratulations! For most people, retirement is a stage in life where they can change their focus from accumulating wealth to being able to start using more of that wealth to enjoy their remaining years. Regardless

Pros and Cons of a Roth IRA ››

Pros and Cons of a Roth IRAWhen saving for retirement there are many choices to make. One of those choices is to decide between a Roth IRA and a Traditional IRA. Both have their distinct advantages and disadvantages. A Roth IRA offers lots of significant benefits, including flexibility