Planning Retirement

If you want to have a good retirement, you need to figure out what that means to you. Do some life planning for retirement, set goals and create a plan that allows you to achieve exactly what you want. What do most of us want? It is usually pretty simple …

Social Security and working: believe it or not, the two are more or less completely compatible with each other. You can absolutely get Social Security retirement benefits and work at the same time. However, there are a few things that you do need to know. There Might Be Penalties: Work …

Blue Bird Day at Squaw with Avalanchephoto credit: Steve Chen Over the past few years I’ve had the opportunity to get to know several people who have achieved financial independence or are on the path to it. People like JD Roth, Darrow Kirkpatrick, Karsten Jaske (Big ERN), Fritz Gilbert, Dirk Cotton, …

Episode 4 is an interview with Morgan Housel, award winning writer and venture capitalist with the Collaborative Fund. Hosted by Steve Chen, founder of NewRetirement, the NewRetirement Podcast offers interviews about the wise use of both money and time in retirement. We explore ideas and insights so that you can …

You have probably read about the perils of loneliness as you age. And, how feeling alone can actually reduce your life span by as much as regular smoking does. However, did you know that some research suggests that it is not just a matter of having relationships, it is also …

You were probably a teenager when it happened – the moment when you opened your first paycheck and officially started the cycle of earning and spending your own money. Since then, the following process has never stopped: Work. Earn money. Spend some. Save some (hopefully)… Repeat. And now, just because …

In some ways, managing money in retirement gets a little easier than before.  You only have the money you have, so your options are somewhat simpler and more limited.  On the other hand, the rules of money management shift in retirement so it may seem more complicated to you. No …

One of the biggest fears you probably have about retirement is will your money last as long as you do. It is likely that you are also asking: How much can I spend?  How much do I need? How much do I actually have? There are so many questions. Good …

You have probably read somewhere that you need $1 million in savings to retire.  While that is not entirely true, we are here to tell you that it IS possible to have a million dollar retirement even if you haven’t started saving quite yet. According to a recent GOBankingRates survey, …

Some individuals dream of the day when they can do absolutely nothing. To them, retirement is a euphoric future of sleeping in, lounging in the sun, and thinking as little as possible for the next 30 years of their lives. For most of us though, a life of zero activity …