Some millennials aren’t saving for retirement because they do not believe commercialism will exist already Despite what news media informs you, millennials do have prepare for retirement– just not what you might think CNN reported last week that 66%of Millennials aged 21 to 32 have actually nothing saved for retirement. …
Read More »Podcast: Mary Beth Franklin on Avoiding Big Social Security Claiming Mistakes
Episode 10 of the NewRetirement podcast is an interview with Mary Beth Franklin. Mary Beth is a nationally recognized expert in Social Security claiming strategies. In fact, she literally wrote the book (“Maximizing Your Clients’ Social Security Retirement Benefits,”) that retirement planning experts use to advise clients on Social Security. …
Read More »Social Security is Officially Running in the Red and News for Medicare is Worse
Social Security and Medicare are in real financial trouble. If you are of retirement age now, your benefits are probably not in peril. However, nothing is certain and if you dive into the numbers, you can see that there are very real concerns about the future of these programs. Big Problems …
Read More »Purpose Trusts and More: How to Ensure a Meaningful and Long Lasting Legacy
Preparing for retirement means having a financial plan as well as a good idea for what you want to do during this period of your life. Estate planning has a similar duo of goals: You want to establish a clear instructions for how your money and other assets will be …
Read More »Early Retirement: 37 Tips, Tricks & Hacks for Reaching your Goal
Early retirement is a dream for many Americans, but one that few are sure they’ll be able to reach. About half of Americans retire early — between the ages of 61 and 65. (that’s a full five to six years before full retirement age as defined by the Social Security …
Read More »Reverse Mortgage Myths Debunked — You Still Own Your Home and Have Home Equity
For some homeowners over 62 years old, a reverse mortgage can be a great option for improving retirement finances and quality of life. There are, however, quite a few misunderstandings when it comes to these complex financial products. In this article we will debunk a couple myths so you can …
Read More »Be Happy: 7 Ways to Worry Less About Your Retirement
Don’t Worry… Be Happy… About Your Retirement!!! You can be happy in retirement While the economy is supposedly doing pretty well, you may still feel constantly stressed about your finances and you are probably asking yourself, do I have enough money for retirement? If you are worried, you’re not alone. …
Read More »Podcast: Ben Carlson Shares the Wealth (of Common Sense)
Episode 9 of the NewRetirement podcast is an interview with Ben Carlson — the author of A Wealth of Common Sense (both the book and the blog). Ben discusses his perspective on investing, his work writing and managing money, and the present and future of wealth management. Listen Now: Don’t …
Read More »Debt Free Retirement! 7 Reasons To Pay Off Every Penny Before You Retire
You’re 70 years old. You shuffle out to your mailbox on a crisp Monday morning and you are not at all surprised by what’s inside: junk mail and bills. “You’ve been pre-approved for this credit card.” — garbage “I’ll do great things for your city. Vote for me!” — garbage …
Read More »Podcast: Chris Mamula on Retirement Early and the Pitfalls to Avoid
Episode 8 of the NewRetirement podcast is an interview with Chris Mamula — a “Financial Independence Retirement Early” (FIRE) proponent and writer for both Can I Retire Yet? and Eat the Financial Elephant. Chris discusses his journey from a “normal” guy to becoming financially independent at 41 years old. In …
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