Downsizing means to make something smaller. No matter if that ‘something’ is an old CD collection or the big pile of junk in your garage. But when you’re facing reducing everything you own so you can retire to a neat little cottage for a well-earned life of leisure, it’s another matter altogether. It’s your whole life! Downsizing: Here’s What You N...Read More
Retirement is a wonderful time in life. Now that your working days are gone, it’s time to slow down and enjoy yourself. But you have to afford these happy years, and studies show 9 out of 10 retirees have no financial plan.
As we age, there’s a stigma about whether we’re doing it all the right way. Successful aging is a concept that’s been around since the 1950s but only became popular in the 1990s with the book, Successful Aging.
As 75 million Americans approach retirement over the coming decade, they might be in for a rude awakening. We are the sum of our habits and retirement is a time to make changes and enjoy things that were not always possible before. The challenge is bad habits are creeping up on you slowly until you don’t even notice the damage they’re causing. As i...Read More
Turning 50 can remind you of the importance of saving money. Retirement may be coming soon, and the high price of fighting the effects of gravity, and getting called “ma’am”. You may even begin dreading mail deliveries and the arrival of your AARP senior discount card because it means you’re official. Don’t toss that card and your newly-minted “sen...Read More
There are some realities regarding retirement for women which you just cannot afford to overlook. The challenges women encounter as they prepare for retirement are different than their male peers.
Over 70% of adults have financial regrets, according to a Bankrate report, and their biggest financial worry is that they didn’t start saving for retirement early enough. Even high earners reported guilt over not saving for retirement early enough. Of course, there is much to consider when preparing for retirement. However, the source of regret for...Read More
We all enter the workplace as young adults thinking things will work out in a very generic, easy to map kind of way. We’ll work until we’re 65, we’ll retire, and we’ll die at maybe 80 like our parents did. Income will be a steady incline, and if we save according to that incline, we should have the right amount of money to live from. That’s for the...Read More