At any other point in your career, telling your employer that you are quitting without a new job waiting for you is a big mistake. But, I’m here to tell you that there is something far worse than saying “I quit” and that is saying “I’m retiring.”
A mortgage can really weigh us down – or can it? As we come close to retirement, what is the best approach to take where our house is concerned? Join us in discussion with financial expert Pam Krueger who has some important tips to share. Enjoy the show!
As many women in our community know, living on Social Security alone is no picnic. You have to keep a roof over your head, food on the table and clothes on your back. But, as necessary as they are, these aren’t the costs that most of us should fear as we get a little older.
There’s no advance warning system to predict one’s response to retirement.
You can chat yourself up before the actual day arrives. You can bathe in some fuzzy ‘before-glow’ about the leisurely life you’re about to experience. However, nothing can prepare you for the moment your world shifts from deadlines and demands to dead time and sweat pants.
The Tax Cuts and Jobs Act was approved and is now the new law of the land.
While the majority of the media has covered the proposals for the changes as being a boon for the wealthy, they have missed discussing how the new tax laws affect most retirees.
Transitioning to retirement isn’t a simple process. Let’s talk about a few of the things that you can do to make this time of your life easier.
Boomers are bombarded daily with advertising messages that attempt to influence us. Recognizing some of their tactics can make us less susceptible.
Women are more likely than men to underrate themselves when it comes to investing. Yet women are usually in charge of household budgets, are more willing to save for the long-term and are better bargain hunters.
Although both men and women have access to the same retirement savings accounts, recent research has found that women are far less financially prepared to retire in comparison to their male counterparts. This isn’t only due to obvious reasons, such as the gender pay gap. Everyday reasons matter as well when it comes to saving enough for retirement.
In our parents’ days, people simply left the job they had held most of their lives and moved onto permanent vacation when they retired. But then, most of them never lived the additional 25 to 30 years anticipated for many of us boomers.