A million dollars sounds like a lot of money, but is it enough to retire on? It depends… for people who live frugally or who have a pension or a high Social Security benefit, it could be more than enough. For others, who may not have a pension or who have a higher standard of […]
When to Take Social Security, and Other Questions to Ask Before Retiring
Not too long ago, people took their Social Security benefits as soon as they retired. They didn’t think about how waiting to take Social Security could increase their benefit, they just applied for benefits as soon as they could. Thankfully, today people are more savvy about Social Security. They are asking how they can maximize […]
Forced Into Retirement? What You Should Do
During the Great Recession of 2008, many people were forced into early retirement. Panic is usually the first feeling that sets it when you lose your job. Yes, being forced into early retirement may seem like “the end of the world,” but it doesn’t have to be. When being forced into early retirement, you will […]
Preparing for Retirement in More Ways than One
Everyone knows the importance of having a solid plan for your retirement. The primary driver for a good retirement plan is of course financial; between investments, retirement savings plans, and Social Security benefits you can plan to have your financial interests taken care of when it times to turn the lights off and walk out […]
Americans More Confident They Will Be Able To Retire Comfortably
Every year, the Employee Benefit Research Institute conducts research called the Retirement Confidence Survey. A total of 1,000 Americans 25 years and older are polled in order to determine self-reported behavior patterns and key attitudes and then compared to the data gathered in previous years in order to determine just how confident Americans are […]