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 […]
Continue ReadingWhy You Should Consider Early Retirement
Did you know that you can live longer by retiring early? In the Journal of Health and Economics in 2017, economists affirmed that early retirement could lengthen an individual’s life span. Researchers found that early retired Dutch civil servants, over the age of 50, are 42% less likely to die over the next five years than […]
Continue ReadingWhy 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 […]
Continue ReadingWhat 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 […]
Continue Reading15 Travel Tips For Frugal Retirees
You’re retired, and you’re thinking about traveling, but you also believe that this entails spending a lot of your hard-earned money. But don’t hold back. Being retired probably means that you are on a tighter budget than you used to when you were working, but it also means having more time and flexibility. This translates to opportunities to see […]
Continue ReadingRetirement 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 […]
Continue ReadingFinding Hobbies For Retired Men
Retirement is often accompanied by a surge of relief, joy, and freedom. You are finally able to get off the daily grind and enjoy life! However, such feelings of wellbeing and bliss may not always last long. This is especially true when you are quite used to a life that is busy, well-planned, and structured. You […]
Continue ReadingSimple 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 […]
Continue ReadingWhat Do Seniors Fear Most?
People have different perspectives for this question, and a person’s answer will depend on their particular circumstances. We have a list of aspects of life people worry about as they age. Hopefully, for seniors who will read this list, and after you have pinpointed your own fears, you start embracing and planning for these different […]
Continue Reading9 Things Seniors Need Help With
As humans advance in age, their needs gradually change along with it. There are some things that they are less than capable of doing now, and that adds up to the number of needs they have. From physical and emotional to technical and financial, are amongst some of the most common needs that seniors need […]
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