Are You Retiring Within the Next 5 Years?

Are You Retiring Within the Next 5 Years?

You can prepare for your retirement transition years before it occurs. In doing so, you can do your best to avoid the kind of financial surprises that tend to upset an unsuspecting new retiree.   How much monthly income will you need?Look at your monthly expenses and...
5 Retirement Planning Steps For Women

5 Retirement Planning Steps For Women

Women historically have let men plan for retirement. The old rules have changed, but women still are searching for how should navigate the path to post-work life. And that path is different than it is for men. Diane Bourdo, president of the Humphreys Group in San...
3 Ways to Calculate How Much to Save for Retirement

3 Ways to Calculate How Much to Save for Retirement

So, you need to save for retirement. The question is: How much do you need to save? Unfortunately, that’s hard to answer. In fact, according to a survey this year by Bankrate.com, more than six in 10 Americans don’t know how much money should be in their...
Why Some Retirees Go Back to School at 65

Why Some Retirees Go Back to School at 65

IN THE 10 YEARS THAT Jacob Cohen, 70, has been retired from teaching, he has taken more than 100 courses at the University of North Carolina—Asheville, averaging three or four a semester. One of his favorite classes was about the history of life on earth, taught by a...
Why You Want a Retirement Plan in Writing

Why You Want a Retirement Plan in Writing

Setting a strategy down may help you define just what you need to do.Many people save and invest vaguely for the future. They know they need to accumulate money for retirement, but when it comes to how much they will need or how they will do it, they are not quite...
Good Reasons to Retire Later

Good Reasons to Retire Later

Working longer might work out well for you.Are you in your fifties and unsure if you have enough retirement savings? Then you have two basic financial choices. You could start saving and investing more of your pay than you currently do, or you could work longer so you...