3 Retirement Pitfalls to Avoid As you near retirement, you’re probably looking forward to the laid-back lifestyle it can offer. But there can also be some snags that could cause you to run into financial trouble later in life. Here are three retirement pitfalls you should try to avoid. 1. Underestimating your spending in retirement Many older Americans bank on
Do I Really Need Life Insurance? Do I Really Need Life Insurance? Let’s face it. Most people put off buying life insurance for any number of reasons. Take a look at this list—do any of them sound like you? It’s too expensive. In the ever-burgeoning budget of having a family, things like day care and car payments and possibly even
Countdown to Retirement – 4 Tips to Get You Ready Getting ready for retirement can be pretty exciting. With such a huge lifestyle change, you should consider to start laying the groundwork now. Here are some tips to help you through that transition. Create a realistic budget Your early 60s is a great time to start crunching some hard
How much life insurance do I need? The most important part of buying life insurance is determining how much you need. Since everyone’s financial circumstances and goals are different, there is no rule of thumb to tell you how much to buy. But do you really need $250,000, $500,000, $1 million or more? Sounds like a lot of money, but
4 Ways to Start Saving for Retirement Today Saving money is an important part of leading a successful and financially independent lifestyle. While saving can help fund big-ticket items such as cars, homes, or vacations, it also serves as part of a balanced preparation for a stress-free retirement. It’s often difficult to begin saving money – especially when you’ve grown
Is it time to rethink your retirement? Every day thousands of Baby Boomers enter their retirement years. They are, unfortunately, members of a generation who are largely unsure of their financial future. For the past seven years, Insured Retirement Institute (IRI) research has discovered that Baby Boomers’ confidence in their financial preparations for retirement is steadily dropping. Key findings
Retirement Planning By Age: What You Should Be Doing Right Now (Infographic) The post Retirement Planning By Age: What You Should Be Doing Right Now (Infographic) appeared first on Smart Money Advisors. Source: Smart Money Advisors Retirement Planning By Age: What You Should Be Doing Right Now (Infographic)