One of the biggest fears among workers aged 55 and older is running out of money in retirement. Considering about half of those workers don’t have much in the way of retirement savings, they absolutely should be concerned their retirement nest egg won’t last. It’s hard to live off a retirement account with only a couple years’ …
Category: Retirement Planning
7 Tips to Help You Become a Millionaire
Do You want to be a millionaire? Many of us grew up believing that money was something that could not be attained. I will never forget the day my father came home, distraught, after the bank denied a home loan to replace our leaking roof. Same with my mother, who triumphantly returned home one day …
Highly Effective Habits of Successful People
The Essential Habits of Highly Effective People 1. Give others credit Abundant leaders care little about who gets credit. They live with the mantra of TEAM, that is, Together Everyone Achieves More. True leaders posses the effective habits that great ideas can come from any source, and that there is no limit on sources …
What Do We Do With The Affordable Care Act?
The Affordable Care Act has been under intense scrutiny for several years. Unfortunately, the discussion is highly politicized and often fails to address the key issues. In this series of articles, we will attempt to bring focus to significant issues. What did the ACA intend to accomplish? Did the ACA “solve” those problems or …
Financial Security in Retirement
Financial Security in Retirement Defined What is financial security in retirement? This articles defines retirement security as: “The accumulation of sufficient capital by a target retirement age to be able to buy a guaranteed, lifetime, inflation-protected retirement income payment that, in combination with Social Security and any employer-provided benefits, allows the person to maintain their desired …
Could You Quit Work?
HOW MUCH WOULD YOU NEED TO NEVER WORK AGAIN? Retirement planning, generally, focuses on saving money today so that you will have it when you no longer can or want to work. Most financial planners operate with the expectation that whatever you save today will be worth more in the future. They also look for …
Retire Retirement: What is your Flexible Opportunity?
Retirement? What do you think of when you hear the word? The notion of retirement is changing rapidly yet many people have not adapted to the new reality. What you need to know as your first career winds down. retirement variables LIVING LONGER. Men who will turn 65 in 2030 can expect to live six …
A PhD in pH Nutrition? (The Connection to Cancer)
Two Years
Two other points from yesterday’s presentation (from Social Security 567). 1) Only 13% of employers offer pensions and that number is decreasing every year. 2) “Nine out of ten people age 65 and older are receiving Social Security benefits, and for 32% of them, it represents over 90% of their income.” Wow, wow and wow.