More than 60 % of households are ‘at risk’ of being financially unprepared for retirement

The latest analysis of the National Retirement Risk Index [NRRI], released today by the CRR and underwritten by Nationwide Mutual Insurance Company, examines how not taking full advantage of housing equity affects the share of U.S. households ‘at risk.’ The result is a 10 percentage-point rise in the Index compared to just a seven-point increase [...]

Investing While Retired

There’s no retirement without some stock, at least not anymore. Life spans are too long for bonds and cash investments to effectively combat inflation. If you retire at 65, plan on at least 14 more years of living, more if you’re healthy, have good genes or are just a plain old optimist.
The problem with owning [...]

How to Create a Five-Year Personal Financial Plan

Where do you want to be in five years? Debt free? Living in your own home? Enjoying a “mini-retirement” volunteering or traveling around the world? I’ve written a lot about making spending plans (i.e., monthly budgets) and debt reduction plans, but these are only part of the key to building financial security. You also need [...]

Thinking of buying a place now for a future Mexico retirement?

Not quite ready for that Mexico retirement ? But if you’re planning your future in a sunny place, now is the time to get the ball rolling. Join the multitude of buyers doing just that.
Mexico condo & Pre-construction Opportunities
In the last few years the variety of options for second homes and retirement homes in the [...]

Long-Term Care Planning Prior To Retirement

A study of over 250,000 individuals who purchased long-term care insurance last year reveals the significant benefit of starting the planning process in your 50s, prior to reaching retirement age.
Research conducted by the American Association for Long-Term Care Insurance (AALTCI), the national trade organization, examined sales data from 10 leading insurers to determine the percentage [...]

IS IT WISE TO WAIT FOR CORRECTIONS TO INVEST?

When the Sensex level was at 10000 the first week of January, a high net worth investor I knew said “These are excellent levels to buy and I will start buying if the markets were to go at 9000”. At 9000, he said I will buy at 8000. When the Sensex touched 8000 in March, [...]

Personal finance: Women and retirement

One reason is that women live longer than men, so they have more years of retirement to prepare for. Another is that they spend more of their active years out of the workforce – in many cases, raising children or caring for aging relatives – which gives them less opportunity to build up retirement savings [...]

Six Vital Personal Finance Tips for Retirement

Everybody dreams of living a smooth life post retirement as there will be no work.Also there is a strong urge to enjoy every aspect of life which you may or may not have done in the past due to some reasons.
But it needs a strong retirement planning. As future is uncertain and anything can happen [...]

How To Pay Off Your Mortgage – 2 Ways To Retirement Faster

Im sure the question of how to pay off your mortgage has crossed your mind at some point. The global economic crunch has got hundreds of thousands and Americans extremely concerned about their mortgage debt.
We want to know how to fully pay off mortgage because we want a debt-free life and huge amount of savings. [...]

Taxes and Your Investments

Ordinary income taxes on short-term capital gains and interest income can go as high as 35%, while long-term capital gains and qualified dividend income are taxed at rates not exceeding 15% (0% if you are in the 10% or 15% tax bracket). One way to help maintain your portfolio’s growth potential is to invest in [...]

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