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

The Three Biggest Retirement Planning Myths ››

The Three Biggest Retirement Planning MythsThere is plenty of good information about retirement out there to help you identify your priorities, set realistic goals for yourself, and come up with a plan for achieving those goals. It can take a bit of time to research in order

How to Improve Your Odds of Retiring Debt Free ››

How to Improve Your Odds of Retiring Debt FreeWhen most people think about retirement the image that comes to mind is one of financial security, flexibility and freedom. One part of this equation is having a large enough nest egg to pay for your lifestyle and expenses during retirement. The

Lose These Six Expenses in Retirement ››

Lose These Six Expenses in RetirementWe tend to think of personal budgets and managing our household expenses as something that’s we do in order to be able to save for retirement. But it is also extremely important to be mindful of our expenses and cut costs during

Why “Paying Yourself First” Should Include Your Retirement Accounts ››

Why Paying Yourself First Should Include Your Retirement AccountsThe concept of “paying yourself first” is one we’ve discussed here before, so it’s likely one you’re quite familiar with. If not, the idea of paying yourself first means that you treat your savings contributions as you would any other bill or

The Retirement Equation: It’s Not Just the Size of Your Nest Egg ››

The Retirement Equation: It’s Not Just the Size of Your Nest EggAs thousands of baby boomers enter retirement each day, the topic of retirement savings is a popular one in the mainstream press and on the Internet. Almost invariably, a large percentage of the articles and discussions about retirement will focus on how

5 Habits of Successful Retirees ››

5 Habits of Successful RetireesDespite all the doom and gloom about how tens of millions of baby boomers are entering retirement without the resources to support themselves, there are still plenty of individuals who were able to successfully carry out their retirement savings and planning. Surprisingly, it’s

Retirement Advice on Whether it is Better to Pay Off Your Mortgage Early or Save More For Retirement ››

Retirement Advice on Whether it is Better to Pay Off Your Mortgage Early or Save More For RetirementMany individuals have a strong picture of what they want their retirement to look like, and in many cases that picture includes not having to make a mortgage payment each month. Owning your own home without any outstanding mortgage can provide a