Tag: retirement planning

Retirement Planning And Why It’s Dumb

Know what? just this morning, before I popped open my laptop, a heretical thought crossed my head.

It’s this: planning and anticipating your retirement is like insurance policy. Never Ever take it as the sole reward to the years of working. Simply, it is a mere hedge against what we all fear at the end of life: becoming so decrepit,that we can’t physically mow lawns to buy ourselves a Happy Meal.

To my mind, retirement as the final goal of an executive is darn stupid f…

Retirement Plans for Solo Entrepreneurs

Saving for retirement is even more important for solo-entrepreneurs because you don’t have a company sponsored pension plan or matching 401K contributions to rely on. There are many retirement plans available to self employed individuals and small businesses. Which one is right for you?

10 Ways To Transition Yourself Into Retirement

Let’s be completely honest. Everyone has their own dreams and expectations about retirement. Upon retirement, some folks plan to travel around the world while others simply plan to take excursions to their local beach. Whatever the retirement plan that you may have, being able to implement your goals takes a certain degree of financial security. The problem however is that financial security does not just happen but requires careful planning, commitment and yes, money.

To …

Five Steps To A Richer Retirement

You’ve probably heard about the Nebraska meatpackers who won the largest lottery jackpot in the United States last week. One winner replied “I’ve been retired for about four days now” when asked what he would do with his winnings. His response did not surprise me; I’m sure my reaction would be similar!

What does surprise me is that many Americans believe that they cannot retire comfortably unless they win the lottery. A survey by the Consumer Federation of America shows th…

Retirement Planning For The Stay-AT-Home Mom

When you first plan on staying home with your children, probably the first thing you do is take a look and see if you can afford it. You cut back on cable TV, buy older cars, lose retirement benefits…

Whoops! Most moms don’t seem to be thinking about what being a stay-at-home mom does for her retirement package. The years spent not working have a huge impact, however, when you decide to retire, so you need to plan now.

Let’s start by looking at what you’re losing for yo…

Annuities Q&A: Understanding Types Of Annuities

What types of annuities are available?

There are basically two types of annuities — fixed and variable.

A fixed annuity earns an assured interest rate in a definite period of time. If the period of times expires, there will be a new interest rate for the next period.

Variable annuities have more funding options than fixed annuities since their performance depends on the option of investment of the principal and return vary.

What is a tax-deferred annuity?

Tax-d…

Your Guide To Retirement Planning

In life, nothing is permanent in this world. Everything that comes will definitely go. That is why it is best to put our best foot forward and save more for the future. The best thing that you have to start with is to have a retirement plan.

Some wait to long before they decide to plan for their future. This is not a good idea because we can never tell what lies ahead. So, here’s how and when to start retirement planning:

1. The retirement year.

First, decide on what…