When you’re toiling away at your nine-to-five workday, watching the clock and dreaming of free time, retirement can seem like a shining light at the end of the career tunnel. In retirement, you finally have time to pursue your passions, travel, spend time with loved ones, take up a new hobby or do whatever it is that makes you truly happy. Despite this, retirement is not all rosy. As with any major life transition, emotions can run high, and the emotional side of retirement can lead to grief for many.Continue reading » Dealing with the Emotional Side of Retirement
Moving in retirement is a decision that many retirees make, whether they want to reduce their cost of living, move closer to loved ones, live somewhere with more opportunities to pursue their passions or a combination of the above. According to a 2014 study by Merrill Lynch, 64 percent of retirees surveyed either had moved or anticipated moving in retirement, proving that it’s not an uncommon phenomenon.Continue reading » Moving in Retirement? Ask Yourself These Questions First
Happy Thanksgiving! Today, millions of Americans will gather around feast-filled tables to visit with loved ones, express gratitude for the people, places and things they are thankful for and of course—enjoy a delicious meal. Thanksgiving is a holiday inspired by giving thanks, but the activities that we’ve come to associate with the day inevitably involve spending money. Here, we’ll take a quick look at some statistics associated Americans’ Thanksgiving spending, as well as a few other interesting facts and figures about the holiday!Continue reading » A Quick Look at Americans’ Thanksgiving Spending
Have you thought about where you want to live in retirement? Some of us may dream of retiring abroad, others may anticipate moving cross-country, while still others just want to stay put. Whatever your vision is for your retirement living situation, pinpointing that place ahead of time is an important part of retirement planning. Cost of living is one driving factor, but so is having opportunities to pursue one’s passions. Forbes recently identified and studied seven categories: arts, fine dining, lifelong learning, volunteering, outdoor activities on water, outdoor activities on land (with golf as a sub category) and applied them to cities across the country. They also considered crime, volunteer data and other metrics to compile a list of 25 places to pursue one’s passions in retirement. We’ve picked out 12 of those, and will look at the pros and cons of these potential retirement towns.Continue reading » The Pros and Cons of 12 Potential Retirement Towns
We strive to make decisions that will lead to happiness throughout our lives, and this includes being happy in retirement. Retirement can be an emotionally trying time, as you figure out how you will spend your newfound free time and adjust to a life that no longer involves interacting with coworkers every day. It can also be an emotionally exciting time, as you realize opportunities to pursue your passions or spend more time with the people you love. If you’re seeking a happy retirement (and who isn’t), there are specific actions you can take to better your chances that it will end up as such.Continue reading » 7 Staples of a Happy Retirement
If you could retire in your 30s or 40s, would you want to do it? The answer to that question for most of us is “yes,” but the percentage of people who actually manage to make it a reality is much lower. That’s because when attempting to retire at a younger age, you lose the advantage of time on your side—time that most people need in order to accumulate enough money to support them in retirement. Retiring early also requires you to plan for a much longer retirement, which equals more money. Thus, one common factor among those who do manage to retire early is their ability to make smart savings decisions. Check out these top retirement savings tips from early retirees, as featured by CNBC.com.Continue reading » Top Retirement Savings Tips from Early Retirees
Investing money for retirement can be a complex process, which is one reason why so many Americans are behind in regard to their retirement savings. However, rather than get scared away by the idea that saving for retirement is overwhelming, the best thing to do is just start. That being said, along the way there are things threatening to disrupt your retirement investing that you should be aware of.Continue reading » 6 Things Threatening to Disrupt Your Retirement Investing
This is the third part in a three-part series adapted from the Ty J. Young Inc. webinar, “Investing in the Era of Trump.”Continue reading » Investing in the Era of Trump: What Should I Do With My Money?
This is the second part in a three-part series adapted from the Ty J. Young Inc. webinar, “Investing in the Era of Trump.”Continue reading » Investing in the Era of Trump: Is Stock Market Immunity to Current Events a Reality?
This is the first part in a three-part series adapted from the Ty J. Young Inc. webinar, “Investing in the Era of Trump.”Continue reading » Investing in the Era of Trump: Why Is the Stock Market Thriving?