Retirement is alternately appealing and terrifying. The idea of finally being done with work is incredibly appealing. But the idea of actually planning for it can be very overwhelming. There is so much advice out there, and it's hard to know what it all means.I think what scares me the most is those calculators and websites that say "You need to have X amount saved for retirement." They all give different numbers. Some tell me I need a … [Read more...]
The Benefits of Downsizing After Your Retirement
As you move into your retirement, you may be looking for a simpler and slower pace for your life. You are finally able to take the time for the things that are really important to you and live a lifestyle that is completely of your own choosing. One of the major steps you can take after retiring is downsizing your home.In years past, your home may have been a great fit for you and and your family. As you move into retirement you are likely … [Read more...]
It’s Time For Gen X To Plot A Retirement Blueprint
As Generation X prepares for the final stages of retirement planning, it’s important to revisit their financial plans. Those born between 1965 and 1980 experienced the explosion of personal computers, so it’s no coincidence that technology plays a big part in planning for a secure future. People in this generation aren’t ready to slow down yet, but as the oldest reach the threshold for a ten-year window to retirement, it’s a good time to check … [Read more...]
Have You Started Saving For Retirement?
I think it’s time we have a serious chat about retirement, more specifically saving for retirement. Now, I’m not that old (though I refuse to tell you how old because a true lady never reveals her age #ThanksGrandma) so saving for my retirement is not something that I spend a lot of time thinking about. Which, if you think about it is a little ridiculous considering that when I'm ready to start thinking about it, it will probably be too late. It … [Read more...]
What is the best retirement calculator?
With the new year, a lot of people are seeing changes in their paychecks. Maybe you're making a bit more because of changes in tax law or an annual raise. Maybe you're bringing home a bit less due to changes in your insurance costs. Maybe you didn't see a change at all, but are hoping for a raise this year.I know that when I see my paycheck go up, even just a few dollars, I immediately think "Oh good, a bit more money to spend every … [Read more...]