retirement

A recently released independent analysis by 24/7 Wall St ranked the best and worst states in which to grow old. The analysis includes "a range of income, health, labor, and environmental indicators." According to the analysis, here are the 10 states aging citizens should avoid. 10....

When considering where to retire, many criteria come to mind, including noise pollution, proximity of shopping and grocery centers, cost of living, age demographics and crime rate. While there are certain cities and communities that seem to magnetically attract retirees, other places may suite...

Many couples relish in the idea of moving after retirement, packing up and heading on the next new adventure. Before embarking on what is sure to be an invigorating change of lifestyle, remember that retirement is not just an extended vacation. Between the hikes in the Grand Tetons and the...

Retirement planning and estate planning predominate the latter half of personal finance timelines. Once the initial plan is set into motion early in life, the next benchmark is retirement, followed by securing the future of your descendants. Unfortunately, one piece of the puzzle that often...

Inevitably, talks around retirement planning will lead to talks around estate planning. While these are not the most enjoyable of conversations to discuss in depth, they are an essential part of planning for your unavoidable future. Although estate planning is not a prerequisite to death (not...

Most people don't confront the topic of IRAs until they are gainfully employed, but the conversation could be beneficial for minors. Traditional and Roth IRAs function differently, perhaps deadlocking the topic from family financial discussions. For one, both IRAs cannot be established until...

A recent report by Bank of America looked at investment themes for a changing world. One of the areas that the report identified as a source of change is the increasing modern life expectancy. In fact, the number of living people in the world over the age of 60 is expected to double from 841...

Retirement planning does not have to be a long, arduous event that happens once a year, nor should it be that way. There are a few simple things that you can do today to ensure your retirement goals are attainable. 1. Evaluate And Compare Evaluate your current lifestyle and compare that to...

Thinking about retirement should not be put off -- not even for just a few years until you are “established.” While retirement is something commonly associated with people over the age of 65, planning for retirement should begin decades before. Regardless of age, it is...

Mexican billionaire Carlos Slim made news last month when he suggested implementation of a three-day workweek. Slim reiterated his three-day workweek proposal in Houston Monday saying the downside -– longer work hours and delaying retirement until the age of 70 to 75 -- would be more than...

Can you successfully retire on $1 million? That question has been picked up by the blogosphere recently, following a recent USA Today report that suggests $1 million still may not be enough to see most retirees through their “golden years.” The report by Rodney Brooks points to several factors...

How much of your paycheck should you devote to your retirement? How much money will you need in your investment accounts to live out your later years? If these questions strike you as important enough to always know the answer for yourself and your family, congratulations. If not, and you know...

U.S. baby boomers have found themselves in a bit of a squeeze. Not enough savings to fund retirement, but a desire to slow down and either work less -- or not at all. The answer, for an increasing number of boomers, is a vehicle known as a reverse mortgage. This trend is predicated on the...

Home is not just where the heart is; a study says it's also a stronghold of financial security for many older Americans. A new report by the Research Institute for Housing America (RIHA) – an organization sponsored by the Mortgage Bankers Association – said that, of the more than 47 million “...

Managed properly, retirement plans enhance wealth due to the power of compound interest. Ideally, the beneficiary saves enough money to live comfortably during retirement without having to worry about outliving his savings. Yet, the very stock market he relies on to grow his wealth also poses the...