- How to Retire at 45: Step-by-Step Plan
Retiring at 45 might sound impossible, but it could be a realistic goal so long as you have the right plan in place. An early retirement means more time to pursue hobbies or passion projects, travel the world, volunteer or simply… read more…
- Should You Hire a Retirement Advisor?
Saving for your golden years may not seem like a priority compared to daily expenses, debt repayment and short-term savings goals. Yet the sooner you start, the better you can leverage compounding interest and the more your money will grow. Getting an early start on retirement planning also provides some flexibility if you decide to tweak… read more…
- Supplemental Executive Retirement Plans (SERPs)
A supplemental retirement plan may be offered to a broad range of employees. But supplemental executive retirement plans (SERPs) are reserved for the company’s elite. A SERP is a non-qualified deferred compensation plan offered to a company’s key employees, including… read more…
- What Does “Retirement” Really Mean?
Planning for retirement can be a lifelong process and the sooner you begin, the longer your savings and investments have to grow. But retirement is more than just a numbers game. While it’s important to have a clear financial goal… read more…
- Can Retired Veterans Get Military Housing?
For members of the U.S. military, housing assistance is one of the most significant benefits they can receive. For exmaple, when a base offers housing in remote stations military housing provides the kind of stable community that civilian housing may… read more…
- How Much Do I Need for an Interest-Only Retirement?
For an interest-only retirement, you’ll need to have a large nest egg. How big a nest egg depends on your target income and the interest rate. For example, an annual income of $48,000 would require a nest egg of $1.6… read more…
- How Deferred Retirement Option Plans (DROPs) Work
Deferred retirement option plans (DROPs) are of benefit to both employees and employers. In exchange for continuing to work past your eligible retirement age, an employer will set aside annual lump sum payments into an interest-bearing account. Upon retirement, the… read more…
- What Constitutes Early Retirement Age?
Getting the timing right for retirement matters for your financial well-being. While many people relish the idea of starting their retirement ahead of schedule, retiring too early could leave you without enough savings to maintain your lifestyle over the long… read more…
- Ways to Protect Your Retirement Savings in a Divorce
Protecting your retirement savings during a divorce may not be at the top of your mind when you are going through the process of splitting up with your spouse. The emotional toll on you and your family, after all, likely… read more…
- A Guide to the 5 Stages of Retirement
Retirement planning is a lifelong process that takes ample organization, forethought and effort to do successfully. The easiest way to manage this sometimes overwhelming venture is to split your retirement planning into different sections. Lucky for you, there are already… read more…
- What Is the Three-Legged Stool of Retirement?
Retirement is on many people’s minds, whether they are approaching it or still early in their careers and just hoping they won’t have to work until they’re nearly 100. Those contemplating retirement may envision a recliner or deck chair. A three-legged stool, though, is the preferred seat for retirement metaphors. The image of retirement finance as… read more…
- 10 Ways to Live Frugally in Retirement
You may have visions of spending your retirement on a sun-soaked vineyard in wine country. But according to a 2022 report by the AARP, about 57 million working-age Americans (48%), ages 18-64, do not have retirement account assets. If you… read more…
- How to Retire in Panama
If you plan correctly, retirement can be one of the great adventures of your life. What is more adventurous than packing your bags, leaving America behind and spending your golden years immersed in a completely new culture? One option to consider is Panama, a central American country, popular with American, that offers a number of… read more…
- The Basics of Self-Employed Retirement Plans
Saving for retirement is one of the most important financial decisions you can make. Proper planning can mean the difference between a retirement of travel and time with loved ones and one spent working a new job to make ends… read more…
- The Cheapest Countries Where You Can Retire Well
After working hard and saving diligently for retirement, you may find that your nest egg won’t take you far in the U.S., but there are other options. In fact, you may be able to stretch your dollar a lot further… read more…
- 8 Steps to Building a Retirement Income Planning Strategy
When you first embarked on your retirement planning journey, your goal was probably to save as much as possible and generate the biggest returns you could through a diversified portfolio. But as you get closer to your golden years, you… read more…
- How to Retire in the Philippines: A Guide
If you want to spend your retirement in year-round warmth with the backdrop of rain forests and beaches, the Philippines may be your ideal option. The cost of living in the Philippines is significantly lower than in the U.S., and the government takes steps to make it especially welcoming to expats. But there are some… read more…
- All About Financial Independence / Retire Early (FIRE)
Financial Independence / Retire Early, aka FIRE, has come to connote the idea of saving and growing enough money so that you can stop working for a living at a younger age than your parents did. It involves saving aggressively… read more…
- 10 Retirement Strategies You Need to Know
Whether you’re in your 20s and just embarking on your career path or you’re a seasoned professional ready to step into the golden years, it helps to know the top retirement planning strategies. In this article, we’ll walk you through… read more…
- The Average Salary in New York City
If you’re seriously thinking about New York City as a place to live, you’ll want to be sure that you can do so within your means. A wide range of salaries exists in the Big Apple, so it’s important to… read more…
- Military Retirement System: Benefits, Rules and More
If you’ve served your country honorably or are considering doing so, you deserve to retire with dignity. But navigating the terrain of the active duty retirement system can be tough. Ultimately, the rules depend on when you joined the service. You may be eligible to collect a monthly pension check, contribute toward a thrift savings… read more…
- The Best Places in the World to Retire
There’s plenty to consider when it comes to deciding where you want to retire. Some factors that typically come into play include cost of living, access to hospitals and medical care, retirement taxes and entertainment. In many cases, though, the best… read more…
- Which Type of Retirement Account Should You Open?
Unless you want to work until the day you die, planning for your retirement is a must. There are a number of ways to get ready to retire, but you’ll generally need to open a retirement account to save the money you need. That way you can spend your golden years traveling, relaxing and enjoying… read more…
- What Should Retirees Invest In?
A lot of people spend their adult lives working and saving to prepare for retirement. But once you hang up your hat, you shouldn’t necessarily stop thinking about saving and investing. It’s not simple to know what to invest in, though,… read more…
- How to Retire in Jamaica
It’s easy to understand why a Jamaican retirement would be attractive to many people. Anyone who’s enjoyed Jamaica’s beaches, lush greenery and beautiful weather could see the appeal of living out their golden years in the country. There’s no denying,… read more…