48% of Retirees Aren’t Tracking This Major Retirement Expense
According to a recent study from insurance company Allianz Life, nearly half of retirees aren't tracking what they spend on healthcare. Given that healthcare stands to be a retiree's largest expense, flying blind in this area of one's budget could be a disastrous move. Head off a financial crash-and-burn with a reality check on how much you could end up spending on healthcare, why you should be monitoring that spending, [...]
7 tips for staying active during retirement
When you retire, you’ll want to stay active in a variety of ways rather than falling into the habit of relaxing every day. It’s important for your physical and mental well-being to keep your mind, body and social life active, but it often takes a deliberate plan and intention to do so. The following seven tips will help you stay active during retirement:
How to Retire: 5 Steps to a Secure Future
This story originally appeared on NewRetirement. You want to know how to retire. Figuring out the answer to this question can feel overwhelming and sometimes impossible, especially if you are already in your 50s or 60s. Maybe it has been hard just making ends meet month after month, and now you are faced with creating a plan for the next 20 or 30 years of your life.
What a Comfortable Retirement Will Cost You in Each State
How much do you need to retire comfortably? It?s a question in the mind of every American saving for retirement. Unfortunately, there?s not a one-size-fits-all answer. There are several rules of thumb to help you figure out how much to save to retire. But the exact dollar amount you need will depend on a variety of factors ? especially where you plan to live in retirement. That?s because the cost of [...]
3 Financial Habits That Could Set You Up for a Secure Retirement
You deserve to enjoy retirement without worrying about running out of money. The only way to make that happen is with smart financial decisions starting early in your life. Most people can make a few simple money moves that should leave them with plenty of money to enjoy retirement. Here are three habits to embrace early on that will make all the difference to your financial security in your later years.
Got 15 Minutes? Answer These 5 Retirement Planning Questions
Picture this: You're taking a long vacation. You have some money saved up, but you're not really sure how you'll pass the time or how much you'll spend, or even how long you'll be there. You're just hoping you have enough money to last. Sounds ridiculous, right? Yet people do this with their retirement all the time. There's a simple way to fix that. Get out a pen and paper [...]