Archive for the ‘Retirement’ Category

If you recently became retired or you’re about to retire in the near future, it’s important to prepare financially. Adjusting to a post-retirement life can take some time, and as such, many retirees tend to make some financial mistakes along the way. Some of the following are common money mistakes that retirees make, and ones […]

It’s always a good idea for any consumer to be a savvy shopper and save money where they can, but it is especially important for retirees to monitor their spending, stick to a budget, and make their purchase decisions wisely. After all, as a retiree, your financial situation is different than when you were working […]

If you’re still many, many years away from retiring, then saving for it now is probably the farthest thing from your mind. Maybe you have other financial goals in mind, such as buying your first home. But saving for other big things doesn’t mean you can’t begin your retirement saving now, either. Even if it’s […]

Even if you’ve planned carefully for your retirement, it’s normal to be a bit apprehensive at first. But the following ways can help you stress less about finances during retirement, and spend more time on enjoying life: Become a frugal shopper If you’ve never been much for couponing or stocking up during sales prior to […]

Although reaching your goal of retirement can be exciting and fulfilling, it can also be a little stressful now that you’re no longer receiving a steady salary. During the transition period especially, you may be fretting over the different financial aspects of your retirement. Even if you’ve planned carefully for your retirement, it’s normal to […]

After years of hard work, saving, and planning, your retirement is finally right around the corner. It’s likely that you have a retirement plan in place already, and the last thing you’d want is for something to happen that can potentially derail that plan. If you plan to retire in the not-so-distant future, the following […]

A lot of people have the dream of quitting the corporate world before the standard retirement age and retiring early. This is an attainable goal, but it does require a lot of work and discipline. The following tips can help you work towards an early retirement: Begin saving as soon as possible It’s never too […]

Cons While retiring early might sound like a fantastic plan, you’ll also want to keep some of these disadvantages in mind: You’ll need a bigger retirement nest egg   The sooner you stop working, the more money you’ll need to have saved for your expenses. And if you’re contributing to a retirement plan through your […]

  Have you been contemplating an early retirement? If you’re financially prepared to quit working prior to the average retirement age of 62, but you’re not sure if retiring early is the best decision for you, you should carefully consider both sides. Pros Although one the most obvious advantages of retiring may be that you […]

If you’ve been working towards an early retirement and wondering if it’s finally time, the following are some signs that you might just be financially prepared: You’ve eliminated all your debt If you still have loans and credit card debt, you might want to re-consider an early retirement. When you’re no longer working and you […]