TheSmartRetiree

How To Guarantee A Secure Retirement?

May 18, 2012 By TheSmartRetiree Leave a Comment

How to guarantee a secure retirement? This is a question we see come across our desk a lot today from baby boomers concerned that they are going to come up short in their golden years. It's a genuine concern and while some may say they didn't plan for retirement when they should have, the reality is that most have taken a hit over the past five years because of the ailing housing market, bond markets and low interest on their savings. This is the opinion of two retirement experts on an interview at kasa.com. While talking about how bad it is might not answer questions such as how to have a secure retirement, the solutions to how to live secure in retirement are not easy to find. But … [Read more...]

Filed Under: Retirement Calculator Tagged With: competent retirement planning expert, financial planning, how much do you need to save, how to guarantee a secure retirement, how to have a secure retirement, how to live secure in retirement, level of retirement income you need to live comfortably, plan for retirement, retirement experts, retirement planning expert

Should You Delay Retiring?

May 16, 2012 By TheSmartRetiree Leave a Comment

So, should you delay retiring? Should you postpone your retirement? You know, this may have been considered a strange thing to do even two decades ago but the reality is, the retirement landscape has changed and delaying retirement is now high on the list of many baby boomers. Is it on your list? One thing we want to make clear is that while many would like to retire early, there are just as many who either can't or would simply prefer to keep working in some capacity to feel useful. That last point is important. But many simply aren't ready to retire according to a report recently at reuters.com. Here's a few reasons in the report why today's baby boomer is looking at delaying … [Read more...]

Filed Under: Retirement Planning Tagged With: delay retirement, delaying retirement, delaying retirement day, delaying your retirement, how long are you likely to live in retirement, plan for retirement, retire early, should you consider delaying your retirement, should you delay retiring, should you postpone your retirement

Where To Retire Where The Sun Shines?

May 14, 2012 By TheSmartRetiree Leave a Comment

So, where to retire where the sun shines in the USA? Sunny places to retire are usually high on the wish list of many people approaching their retirement age especially those who live in cold to freezing climates. In the USA, there are some excellent choices for people to make and in the end, it's really up to you where you want to head to. Do you like an area where desert is abundant or do you prefer to be near the water. A report we saved from money.usnews.com has made the job easier if you are looking for sunny places to retire in. What's the sunniest place to retire? Well, the report says it's Yuma, Arizona which has been described as the sunniest city in the USA. Believe it or … [Read more...]

Filed Under: Retirement Homes Tagged With: sunniest areas to retire, sunniest areas to retire in the us, sunniest city in the usa, sunny places to retire, sunny places to retire in, whats the sunniest place to retire, where to retire where the sun shines, where to retire where the sun shines in the usa

What Age Should You Start Planning For Retirement?

May 11, 2012 By TheSmartRetiree Leave a Comment

So, what age should you start planning for retirement? The simple answer is as soon as possible. It doesn't really matter whether you are just out of school, in your middle age or late in life, now is always the best time to start retirement planning. Yes, that is a somewhat cliched response but think about this, if you hear it so often then don't you think there has to be some truth to it? Retirement planning expert Julia Valentine says there are three building blocks you need to understand when it comes to planning for retirement. They are: - the psychology of planning for your retirement - financial literacy or financial mastery - the tools that we can utilize to reach our … [Read more...]

Filed Under: Retirement Planning Tagged With: best time to start planning for your retirement, best time to start retirement planning, julia valentine, planning for retirenment, retirement planning, retirement planning expert, what age should you start planning for retirement

Your Biggest Cost In Retirement?

May 9, 2012 By TheSmartRetiree Leave a Comment

Your biggest cost in retirement is likely to be looking after your health. For many people, by the time they get to retirement their health will have deteriorated to a point of no return and health care costs will be their biggest expense. What is the danger of this? Well, in a nutshell, all those years of saving hard for retirement may evaporate into the cost of maintaining what little health you have left. We don't want to be alarmists but when a reader asked us what will be the biggest cost in retirement we responded without hesitation that it will be your health care costs. So what can you do? Well, how about looking at your body and asking yourself that by the time you reach … [Read more...]

Filed Under: Retirement Planning Tagged With: biggest cost in retirement, healthy lifestyle as part of your retirement plan, how to get healthy for retirement, retirement age, retirement plan, saving hard for retirement, what will be the bigest cost in retirement, what your biggest cost in retirement is, what your biggest cost in retirement is going to be, your biggest cost in retirement

How Much Do You Need To Save For A Secure Retirement?

May 7, 2012 By TheSmartRetiree Leave a Comment

So, how much do you need to save for a secure retirement? How much money will you need in retirement to live comfortably? Well, as we've mentioned many times on this site the general number is between 70-80% of your current income. But the real question might be...can you save too much for retirement? The obvious answer is no but the truth is, it seems many retirees are simply socking too much away and might be better off enjoying their money a little more before they "hang up the work clothes". Yes, many of you are probably saying that there seems to be a contradiction here but a report we ran across at reuters.com asks the same question...are you saving too much for … [Read more...]

Filed Under: Retirement Calculator Tagged With: are you saving too much for retirement, can you save too much, can you save too much for retirement, financial planner, how much do you need to save, how much do you need to save for a secure retirement, how much money will you need, how much money will you need in retirement, how much money will you need in retirement to live comfortably, how much you need for a secure retirement

How Do You Keep Your Retirement Nest Egg Safe?

May 4, 2012 By TheSmartRetiree Leave a Comment

So, how do you keep your retirement nest egg safe? Just how do you keep your retirement savings safe in a volatile economy? Many will quickly tell you that diversification is the key to making sure your nest egg doesn't crash and burn and that might be good advice. But that strategy may need re-thinking. A Boston University management professor says in an interview we came across at mint.com that while diversification is important, what may be more important is to make sure you have a strong safety net so you can do some things considered a little more risky but which will yield you greater returns in a shorter period of time. That's interesting but for many, taking risks with their … [Read more...]

Filed Under: Retirement Planning Tagged With: how do you keep your retirement nest egg safe, how do you keep your retirement savings safe, how do you keep your retirement savings safe in a voaltile economy, how to keep your retirement nest egg safe, phased retirement, retirement nest egg, retirement savings

Retirement Planning Ideas For Stay At Home Women

May 2, 2012 By TheSmartRetiree Leave a Comment

We got a question recently regarding retirement planning ideas for stay at home women. Do stay at home moms need a retirement plan? Do people who work from home need a retirement plan? The answer is yes. In fact, even if you are a man who is in a similar position and reading this then pay particular attention. This is for you too. Retirement planning is not just for people who work nine to five. Women in particular lag behind men when it comes to a creating a retirement plan. A report at learnvest.com says the one thing you should never ignore is a plan for retirement. But where do you start? This will be the main reason many just don't get started. Well, the article says the first … [Read more...]

Filed Under: Retirement Planning Tagged With: creating a reitrement plan, do people who work from home need a retirement plan, do stay at home moms need a retirement plan, plan for retirement, retirement plan, retirement planning, retirement planning ideas, retirement planning ideas for stay at home women, should you go for a non-traditional or traditional retirement account

Where To Get Retirement Planning Advice?

April 30, 2012 By TheSmartRetiree Leave a Comment

Many people ask us where to get retirement planning advice? Sensible question and it occurred to us that with so much information out there, especially online, there would be a type of overwhelm feeling among many people. So we generally send them to one of our favorite sites for information on retirement and that's dol.gov. That's right! Don't underestimate the power and simplicity of the retirement planning advice given here. There's that word simplicity again. For people just starting to search for information or folks confused about what initial steps to take we suggest you get some sort of grounding first and learn a little about planning for retirement. Fort example, some of the … [Read more...]

Filed Under: Retirement Planning Tagged With: choosing a financial planner, financial planner, how much money to save for retirement, information on retirement, planning for retirement, retirement planning, retirement planning advice, retirement planning expert, sites for information on retirement, where to get retirement planning advice

Main Retirement Planning Mistakes

April 27, 2012 By TheSmartRetiree Leave a Comment

It's never too late to start planning for retirement and we'll be talking about this more in our next post but it consistently ranks up there with the main retirement planning mistakes people make. That is, conceding defeat and thinking because they are just a few years away from retirement day that it's too late to do anything about it. Well, the truth is, the best time to start planning for retirement is now. A report at thestar.com gets right to the point when talking about the common retirement planning mistakes people make; it doesn't mince words and for a fleeting second we thought about holding this back. But this is advice you need to see. The author lists 10 mistakes to avoid … [Read more...]

Filed Under: Retirement Planning Tagged With: best time to start planning for retirement, common retirement planning mistakes, common retirement planning mistakes people make, main retirement plannig mistakes people make, main retirement planning mistakes, mistakes you need to avoid with retirement planning, planning for retirement, retirement plannig mistakes, retirement planning

Recent Posts