Considerations When Geo-Arbitraging Your Retirement

2019-02-08 22_04_39-Aging, alone, aged and senior adult HD photo by rawpixel (@rawpixel) on UnsplashThis retirement strategy is on the rise – and it also has a fancy name: geo-arbitrage. With geo-arbitrage, individuals accumulate retirement income in the U.S. and then relocate to locations around the globe with a lower cost of living. Noting that “it’s a big world, and every country poses unique opportunities and complications”, today’s article outlines “five practical questions” for individuals considering taking advantage of geo-arbitrage to ask themselves as they evaluate various locales. For more, CLICK HERE.

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Check Your Financial Blind Spots – And Attain Financial Independence

2018-12-29 06_58_49-WindowIf you want to arrive safely at your destination, you need to check your blind spots along the way – and this remains true even when the “destination” in question is financial independence. In today’s article, the author outlines several common “financial blind spots” he has observed which can, if not checked, have significant repercussions for your journey to financial independence. For more – including a potential “double blind spot” that can impact retirement – CLICK HERE.

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Mean Retirement: How Much The Average Retiree Spends Each Month (And On What)

2018-12-26 21_23_48-50+ Beautiful Wallet Photos · Pexels · Free Stock PhotosThe average household run by a retirement-age person (someone 65 or older) spends only $1,000 less each month than the average U.S. household. Surprised spending does not decrease more in retirement? In order to help you better plan your retirement finances today’s article breaks down the monthly spending of the average household run by a retirement-age person into seven categories. For more, CLICK HERE.

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Smart Investing For Your Retirement Accounts

2018-11-25 19_45_46-10+ Interesting Account Photos · Pexels · Free Stock PhotosHow should you invest your retirement accounts? With IRAs holding about $9 trillion and 401(k)s holding about $5 trillion, that is the critical question that today’s article tackles. In seeking to answer it, the author highlights the importance of intrinsic stock value, reinvested dividends (and tax deferral), diversification – and Warren Buffett. For more on investing your retirement accounts, CLICK HERE.

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Strategies For Dealing With Market Volatility On Retirement’s Doorstep

2018-10-14 13_12_24-1000+ Beautiful Door Step Photos · Pexels · Free Stock PhotosGiven its recent moves, investors have reason to be anxious about the market – and none more so than investors who are at retirement’s doorstep. For those in that group, today’s article outlines a number of strategies to consider, as identified by top financial advisers. First, however, the author advises that “It’s critical that you…draft a retirement-income plan”, noting that “Those who have such a plan don’t worry about market declines. And those who don’t have a plan, worry.” For how to create a retirement-income plan – and for the aforementioned strategies for protecting your retirement portfolio from market volatility – CLICK HERE.

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The Challenges Presented By – And Strategies For Dealing With – “The Magic Retirement Age”

2018-10-10 19_53_42-WindowWhatever your planned retirement age, you’re likely to retire closer to age 61 than you think. This is one of the findings of a recent study of retirement data, which found that “planned and actual retirement ages align at 61, with those planning to retire earlier than that tending to retire later than expected, and those planning to retire after 61 tending to retire earlier than expected. In other words, actual retirement ages pull toward 61.” What did the same study find about predicting who will end up retiring earlier (or later) than planned – and what are some strategies for dealing with the challenges presented by the magic retirement age? CLICK HERE.

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Retirees’ Guide To Fourth Quarter Dos & Deadlines

2018-10-07 19_51_23-30+ Interesting Deadline Photos · Pexels · Free Stock PhotosThe author of today’s article notes that, while “most retirees can sail through the first nine months of each year without a lot of financial to-dos that carry hard-and-fast deadlines…once the fourth quarter kicks off, the calendar gets a little fuller and financial deadlines come up fast and furiously.” As such, she proceeds to outline the key fourth-quarter dates that retirees need to stay on top of – relating to Medicare enrollment, required minimum distributions, IRA conversions and more. CLICK HERE.

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Why The “Siren Song” Of Zero Brokerage Commissions Can Be Dangerous For Retirees

2018-09-30 17_22_10-40+ Beautiful Police Siren Photos · Pexels · Free Stock PhotosWhat could be bad about the trend currently underway towards commission-free trading? A lot – especially for retirees. In fact, the author of today’s article describes zero brokerage commissions as “the latest Siren Song to tempt retirees into dangerous behavior.” So what exactly is the concern? It has to do with the effect that zero commissions have on trading frequency – and the pairing of two “toxic behavior patterns in retirement”. For more, CLICK HERE.

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