Mini Retirements – And Other “Alternative Retirement Options”

2019-03-13 22_03_15-Morning Walk photo by Fancycrave (@fancycrave) on UnsplashIt’s hard to imagine that what is perhaps most people’s primary financial preoccupation today – retirement – was not always a common thing. In fact, today’s article notes, there was a time when this life stage that everyone strives to achieve today was not considered desirable! Today, the question is not so much whether retirement is desirable but what type of retirement is most desirable for you. Along with the well-known traditional and early retirement options, the author outlines three “alternative retirement options” – temporary retirement, semi-retirement and mini retirements – and the advantages and disadvantages of each. For more, CLICK HERE.

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Delving Into “The Nastiest Hardest Problem In Finance”

2019-03-11 08_23_28-Rubik’s cube photo by Olav Ahrens Røtne (@olav_ahrens) on UnsplashToday’s article calls it “the nastiest hardest problem in finance”: retirement spending strategies. And unfortunately, despite the complexity inherent in retirement spending strategizing, it is often subject to simplistic rules of thumb, most notably the 4% rule. The author outlines the dangers associated with the 4% rule, how it “can go very badly”, and the implications of this for the FIRE (financial independence, retire early) movement. For more, CLICK HERE.

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2 Stocks To Help You Retire Rich, Whatever Happens With Social Security

2019-03-07 22_12_27-20+ Amazing Rich Photos · Pexels · Free Stock PhotosNoting the troubles ahead for Social Security, the author of today’s article warns “Don’t count on the government, your employer, or anyone else to pay for the lifestyle you want to enjoy in retirement. It’s truly up to you.” To help you in this endeavor, he proceeds to highlight two stocks that have been rewarding shareholders with massive gains – and are positioned to continue doing so for decades to come. For these two stocks – including a $94 trillion investment opportunity centered around the global expansion of the middle class – CLICK HERE.

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Give Your Retirement A Stretch With This Tax-Saving Strategy

2019-03-01 23_27_52-Pls no. photo by NeONBRAND (@neonbrand) on UnsplashDoes a couple hundred thousand dollars more in retirement savings sound like something worth having? Of course! And today’s article highlights a strategy – developed by a Baylor University finance professor – that may offer just that. For more on this strategy to “stretch your retirement” – the driver of which “is to protect as much money as possible from taxes that can jump sharply after age 70-1/2” – CLICK HERE.

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Financial Planning vs. Retirement Planning – And How Understanding The Difference Can Be Critical To Your Retirement

2019-02-23 22_44_02-WindowThink financial planning and retirement planning are one and the same? Think again. “Understanding the difference between financial planning and retirement planning can be critical to developing a retirement income strategy,” explains the author of today’s article, with one financial adviser cited describing the difference between the two as “the difference between people at work versus money at work.” So how does retirement planning differ from financial planning, why is making this distinction important to your retirement – and how can you benefit from retirement planning software? CLICK HERE.

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When It Comes To Outliving Your Money, This Is “The Single Biggest Risk You Face”

2019-02-22 07_13_53-WindowThe retirement expert cited in today’s article calls them “the single biggest risk you face in outliving your money”: out-of-pocket healthcare expenses and costs for long-term care. These expenses can now total over half a million dollars, “almost four times more than the typical couple nearing retirement has saved in their combined retirement accounts”. Given this, the author outlines several steps retirement savers can take to help avoid having their golden years torpedoed by this risk. For more, CLICK HERE.

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Retirement Funding Strategies: To Bucket Or Not To Bucket?

2019-02-19 07_55_10-WindowWhen it comes to retirement funding strategies, it turns out there may be a hole in the popular bucket approach, making those strategies more likely to fail. That’s the finding of a recent comprehensive study of both bucket and non-bucket strategies. Why are bucket strategies more likely to fail than non-bucket strategies – and which retirement funding strategy did the study find was the best performer, with a 0% failure rate? CLICK HERE.

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A Comprehensive Look At Retirement Considerations For Couples

2019-02-17 19_20_27-1000+ Engaging Retired Couple Photos · Pexels · Free Stock Photos“Every aspect of life is affected by the decision to retire, including relationships, health and wellness, and of course finances,” notes the author of today’s article, who proceeds to provide an overview of what couples nearing retirement need to do in regards to each of those aspects of life, including budgeting, Social Security, drawing down of assets, health care (and long-term care), relationship maintenance, and lifestyle expectations. For more, CLICK HERE.

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How Contributing “Too Much Too Soon” Can Hurt Your Retirement Savings

2019-02-15 21_49_01-Money Styled Stock Photo photo by Katie Harp - Pinterest Manager (@kharp) on Uns“Save as much as possible as early as possible” is a generally accepted principle of retirement saving – and widely viewed as the most important principle. There are, however, exceptions – and today’s article details how “contributing too much to your 401(k) or similar retirement plan too early in the year may be hazardous to your retirement-savings health” and cause you to lose out on free money. For more – including how proper planning can help you avoid becoming a victim of the “too-much-too-soon trap”, CLICK HERE.

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