Retirement

Retirement planning is ideally a life-long process. You can start at any time, but it works best if you factor it into your financial planning from the beginning. That’s the best way to ensure a safe, secure—and fun—retirement. The fun part is why it makes sense to pay attention to the serious and perhaps boring part: planning how you’ll get there.

Important Considerations When Preparing for Retirement
Retirement

Important Considerations When Preparing for Retirement

Is retirement planning in your books lately?Retirement planning is something everyone should consider at some point in life –the earlier the better. The earlier you start planning for your retirement in your professional life, it will allow you to lead a peaceful life post-retirement. When you wish to enjoy the perks of a successful & peaceful life post-retirement, you will have to consider several important factors.As you start planning for your retirement early in life, it will help in buying you more time while also allowing you to build an impressive retirement corpus. Whether you are going to plan the retirement five or twenty years from now, it is crucial to offer yourself the best-available chance for securing your future financially.While preparing for your retireme...
Why Is Pension Review Important?
Retirement

Why Is Pension Review Important?

What does intelligent retirement planning mean to you?Having the best pension plan in place, right?But, suppose you’re going to retire in a few months. And you discover your best pension plan became unsuitable to your current situation, many years before. You will be in a big shock, right?Of course, it’s your pension money, and you expect the best possible outcomes from it when you step into retirement. However, avoiding a regular pension review may result in poor returns from your pension that are not even close to your expectation. You will only get disappointment and loss.Just finding a good pension plan doesn’t mean you have secured your retirement life. You should consider reviewing it routinely to ensure the highest returns for a financially secure retirement....
Planning Retirement? Avoid These 8 Mistakes For Comfortable Golden Years
Retirement

Planning Retirement? Avoid These 8 Mistakes For Comfortable Golden Years

Maybe that’s why the post-retirement life is called golden years! And you need to have a substantial fund to relax during these years.Financial experts often advise saving for your retirement, right from the day you receive your first paycheck!It’s true indeed!At the same time, indeed we humans often make mistakes. But can we afford making mistakes while planning for our retirement?No, obviously not! And that’s why we have listed some common mistakes which you should be aware of before planning retirement!Here you go!1. Not contributing enough for 401k retirement planMany companies offer 401k plans to their employees. So first, check whether or not your employer offers 401k! If yes, grab the golden opportunity immediately!Many companies offer 100% employer match...
Is It Time for You to Retire?
Retirement

Is It Time for You to Retire?

So, you’ve reached the later years of life. Or, at least, that’s what they tell you. Your hair is greying and your hairline is possibly receding. You’re starting to notice aches and pains you’d never even thought about before and you find yourself bringing up your back problems at Sunday lunch with the family. And you don’t necessarily feel old. In fact, you probably feel most in control of your life than you’ve ever felt before. You know who you are and what you want. You no longer feel anxiety over silly things like you did when you were younger. Despite the physical indications of age, you’re not nearly ready to identify with the term “elderly”. Middle age is in the rear-view mirror and you’re all the better for it. You don’t know why you ever dreaded getting older. You finally know wha...
Keeping Up with the Times: Retiring in the 21st Century
Retirement

Keeping Up with the Times: Retiring in the 21st Century

What comes to mind when you think of the word retirement? Sipping cocktails on cruise ships, spoiling and spending more time with grandchildren, gardening in the afternoons, unlimited golfing opportunities—this was the usual picture painted by people when they think of their retirement decades ago. Many of us still do, but thanks to multiple factors, retirees are now redefining what retirement means. Yes—pressing concerns, such as retirement funds and long term care options, are still present, but so many people are now kicking the old definition of retirement to the curb. retirement planning There is nothing wrong with putting your feet up and spending time enjoying the fruits of your labor. Take up hobbies. Travel around the world. After all, retirement means differently for everyone. Ho...
The Key Factors of Your Retirement Plan
Retirement

The Key Factors of Your Retirement Plan

Have you ever worked on your retirement plans? If not, it is not too late. At this ever rising Inflation If you expect to retire at age 65, then you have to account for prices to double while you’re working and during your retirement. Here’s how you can protect your future from the destructive power of inflation.Make sure your retirement plan must calculate inflation costs into it Invest wisely: invest your money into money market funds or CDs to protect your principal Remember that your retirement date isn’t the end: After retirement you must monitor and control your money.Share your retirement plan with us.