Ideally, by the time you turn 50 years of age, you should have money invested in a retirement plan and a savings account. If you own a home, you should be close to paying it off. Unfortunately, there are many people well into their fifties who have no savings or investments of any sort. In …
Retirement is a time for relaxation, reflection, and pretty much whatever you want it to be. It’s a time to pursue your passions, find out what you’re capable of, and enjoy a vivacious life as you cross from a young whipper-snapper into old age. While there are countless reasons to love retirement, here are a …
All boomers are faced with the reality that retirement is coming. Even if you are ready or not. The below video takes a closer look at some of the realities that all boomers face: Do you have enough saved for retirement? How will I cope with retirement? What do I do after I retire? Check …
When it comes to planning for retirement, don’t pull a Homer J. Simpson “Doh!” moment and make a costly move. Unfortunately, when it comes to making key decisions for retirement, you only got one shot- so you better make it count! Don’t dismiss how much time it takes to plan a successful retirement. Some plan …
Working with a retirement goal in mind is not always the finish line for many people today – about 20% of retirees. It is becoming increasingly popular to find some sort of flexible, part- time job to work in retirement. Most of these people are working because they want to – whether it is to …
When the Dow Jones was at 14,000, was your financial advisor tops on your list to send your holiday card to? Now with Dow hovering around 8500, do they even make your list. Or is it easier to not open your statements and pretend that they don’t exist. It’s always easy to like your financial …
Millions of Boomers are expected to retire in the coming years. While those looking ot climb in the job ranks, this can be an advantageous time for some. But the concerns from the workforce is not just losing a good employee. The concern is that the younger generation will not fill the void of the …
What is the safe withdrawal amount in retirement? It’s a topic that many of the top financial professionals debate on an ongoing basis. Most all agree that the first couple years beginning retirement are the most crucial. Many new retirees either tend to spend too much too fast, or market conditions like 2008 wreak havoc …
If you are planning a retirement party, whether for a family member, boss or other coworker it doesn’t have to be a stressful task. There is such an array of what you can do and so many options that it can be fun and exciting, the creative options are limitless. You will need to decide …
These days, layoffs are a fact of corporate life as companies try to grapple with economic cycles and global competition. One of the first choices laid-off workers face is what to do with their retirement plan assets. Many, confronted with the prospect of meager unemployment checks and a long job search ahead, opt to cash …
Managing Retirement Assets in the Event of a Layoff Read More »