Category Archives: Retirement

Is part-time retirement for you?

By Dave Bernard, U.S. News & World Report

Retirement doesn’t have to be a full-time pursuit. Here’s are some ideas for including work in your ‘retirement’ years.

Even if you have enough money saved to support yourself throughout your retirement, you might still want to work for the intellectual stimulation and camaraderie a job environment offers. Many older workers would prefer to stay somewhat connected to the workforce instead of pursuing full-time retirement. Continue reading

Posted in Retirement | Leave a comment

5 lesser-known retirement plans

By Mark P. Cussen, Investopedia

These plans resemble their more familiar 401k relatives, but the differences can provide employers more flexibility.

Millions of American workers save a portion of their earnings inside employer-sponsored retirement plans such as 401k’s, 403b’s, 457s and other plans that allow their participants’ contributions to grow tax-deferred. And while the aforementioned plans are by far the most common, they are not the only types of retirement savings plans in use. Following are some of the less-common retirement plans that some employers use in lieu of the mainstream plans. Continue reading

Posted in Retirement | Leave a comment

The 10 hardest retirement decisions

Before you decide to take this big step, take time to figure out the specifics: It can have a tremendous impact on the lifestyle that awaits.

The decision to retire can be sparked by a number of factors: reaching a specific age, hitting a savings goal or being laid off in a tumultuous job market. To support yourself without income from a job, you’ll have to make a series of choices about Social Security, health coverage and your investments. Here are 10 of the toughest decisions you will make before you retire.
Continue reading

Posted in Money, Retirement, Social Security, Taxes | Leave a comment

The Social Security Catch-22

By Kiplinger’s Personal Finance magazine
If you claimed retirement benefits early but were forced back to work by an uncertain economy, you might be in for an unpleasant surprise.

It sounds like a cruel joke.

Continue reading

Posted in Retirement, Social Security | Leave a comment

Debt hobbles older Americans

At a time when many thought they’d be close to retirement, many Americans in their 50s and 60s are finding that dream seems more distant than ever.

More Americans are reaching their 60s with so much debt they can’t afford to retire.

Continue reading

Posted in Debt Issues, Retirement | Leave a comment

8 things to consider before retiring

How wisely you invest your savings and plan for future income will determine when you can afford to stop working. Reviewing these essentials is part of that process.
By Phiilp Moeller, U.S. News & World Report
Save, save and save some more is one of the mantras of retirement preparation. These days, it’s been joined by “work, work and work some more.” People have responded to investment, employment and housing shocks by deciding to continue working. Some surveys show people are typically adding a full five years onto their employment plans.
Continue reading

Posted in Estate Planning, Money, Retirement | Leave a comment