Retirement Planning

Understanding Retirement & Underlying Statistics

Retirement is a phase in life that a lot of working people look forward to. Being able to plan for it is a huge help for anyone who’s expecting to retire real soon. But, retiring requires an individual to have sufficient income to support themselves (Dan, 2004). Below are retirement statistics to consider and understand in order to have a better […]

Reverse Mortgages are a Powerful Retirement Tool

A Reverse Mortgage, also known as a Home Equity Conversion Mortgage (HECM), is a select type of mortgage that a homeowner over 62 years of age could receive cashflow against the equity they have in their home. The payment options offered by a HECM can be received in the form of: Terms -fixed monthly cash for a […]

How To Prepare For A Recession If You Are Retired

With ongoing trade wars, upside-down yield curves, and slowing global development and economic growth, it’s essential to understand how you can prepare for a recession. When will happen doesn’t matter. What’s important is you’re ready for it in terms of financial planning. So how do baby boomers plan for a recession in order to enjoy […]

Why A Retirement Plan Advisor & How To Choose

Choosing a licensed and well-refuted financial advisor to oversee your retirement plan allows you to breathe easily. When you need an understanding of your investment decisions, savings, retirement plan, or pension, it’s best to seek the professional assistance of a financial advisor.  Many people nowadays try to cut corners to save on financial advisor fees. But ultimately, they end […]

What Is The Average Retirement Income

Fact: one-third of Americans age 55 and above don’t have a retirement nest egg. This is according to a 2018 study by the Government Accountability Office. Those who don’t have retirement income don’t have enough money to spend on their post-work years. And come to think of it, it’s scary. These sad numbers can be rooted in the Americans’ lack of […]

Retirement Party Ideas and Planning Tips

Retirement is a significant highlight in anyone’s career. It signals the end of an important chapter in one’s life and the commencement of another. When an individual retires, the important people in his life (family, friends, and coworkers) usually mark the momentous occasion by throwing a party. If somebody close to your heart retires, get the office […]

Simple Retirement Calculator

Our Simple Retirement Calculator can help plan your life in retirement. Tell us a few things about yourself, and find out how much you need to retire via this calculator: What Is Retirement? Retirement refers to life after permanently leaving the workforce behind. People who have sources for financial support that they don’t earn by working can achieve retirement. Why […]