With the living expenses spiraling up by leaps and bounds, and the income remaining stagnant or perhaps dwindling owing to inflation, middle-income families with more non-earning members are finding the going tough. In relation to this, we have a sarcastic question from one of my friends and a reader of this blog: How can the…Read more
Being unable to cope up with work related stress and uncertainties at the work place, most of the current generation workforce seek early retirement planning advice with retirement experts. Current youngsters would like to embrace retirement as early as they can, mostly they want to hang up their boots in their 40s itself. However, there…Read more
Although some individuals point to the state of the economy for their retirement woes, part of the problem may lie within their own spending habits. In fact, many of the issues haranguing retirees as they prepare for life after work are attributable to basic financial mistakes. Thankfully, these mistakes are largely correctable with a few simple adjustments. …Read more
It is true that the government has and will continue to look after people. After all, you pay your taxes and make your social security contributions, right? That being the case, then, there is very little point in putting away for retirement savings and you may as well spend up big. After all, you will be looked after, so why bother going without, and saving? Well, the truth in many ways depends on your situation. …Read more
Retirement sounds like a dream. And, it’s true, you did spend most of your life preparing for it. If you can afford to retire early, then you may be asking yourself, “why not?” Does that sound like you? If so, it’s time you consider the reality of early retirement – before you put in your notice at work. Here are five things you should know about early retirement …Read more
What is the biggest risk to your security in retirement? Inflation is. Before deciding that you have enough set aside to retire, it’s wise to take a look at inflation and see how it will make a difference in your savings for retirement.
Inflation is not as noticeable when you’re still working because chances are that your salary will rise as inflation rises. …Read more