Habits
These are all well known and worth following.
Monday, April 30, 2018
Boomers in Retirement Freefall!!! What to do?
You've Reached Retirement Age But Now What?
When in doubt retire. Actually, if you don't love what you're doing and you are able to retire then I'd do it. One piece of advice I heard long ago was that you'll never say at the end of your life I wish I had worked more hours.
When in doubt retire. Actually, if you don't love what you're doing and you are able to retire then I'd do it. One piece of advice I heard long ago was that you'll never say at the end of your life I wish I had worked more hours.
Tuesday, April 24, 2018
News: Millennials in Retirement
Millennials in Retirement - Worry about not enough
Baby Boomers - worry about outliving their money
X-ers - Same
Baby Boomers - worry about outliving their money
X-ers - Same
Monday, April 23, 2018
Mountain Retirement Destinations
Panama, Croatia, Columbia - 3 Best
Fallback Plan - West Virginia where land is cheap, great medical care is hard to find, but people still live out their lives as if it were fifty years ago. It falls last in many categories that are desirable and first among those not, but the people are nice and you can make a home there like anywhere else. The biggest negative is the cold of winter and the snow if you have to get somewhere or just get out of your mountain spot. It might serve well as your seasonal location for escape from the complexities of city living. Much of West Virginia is still rural.
Fallback Plan - West Virginia where land is cheap, great medical care is hard to find, but people still live out their lives as if it were fifty years ago. It falls last in many categories that are desirable and first among those not, but the people are nice and you can make a home there like anywhere else. The biggest negative is the cold of winter and the snow if you have to get somewhere or just get out of your mountain spot. It might serve well as your seasonal location for escape from the complexities of city living. Much of West Virginia is still rural.
Almost Half of Baby Boomers Have No Retirement Savings
43% No Retirement Savings
This means work, cutting living expenses, and eventually living on the public dole in some form or another.
This means work, cutting living expenses, and eventually living on the public dole in some form or another.
Sunday, April 22, 2018
Should you take a mini retirement
Should you take a mini retirement
Don't think of it as a question but rather something you should work towards as a way of life. Time off changes your perspective.
Don't think of it as a question but rather something you should work towards as a way of life. Time off changes your perspective.
Saturday, April 21, 2018
How to Lengthen Your Life
How to Lengthen Your Life
This article can give you many ideas on how to make what time you have left more meaningful and full of new perspective. It is an excellent way to start a new phase of your life, and especially in retirement.
This article can give you many ideas on how to make what time you have left more meaningful and full of new perspective. It is an excellent way to start a new phase of your life, and especially in retirement.
Sunday, April 15, 2018
4 Advantages Men Have in Retirement
Men in Retirement - advantages
One big advantage they have not mentioned is that they can expect to live on average fewer years than women so might not have to fret about running out of money before running out of time.
One big advantage they have not mentioned is that they can expect to live on average fewer years than women so might not have to fret about running out of money before running out of time.
Friday, April 13, 2018
Gray Divorce - Financial Reckoning after 50
Rise of Gray Divorce
I've seen much of this with friends and those a meet. They are married for 30 to 50 years and then realize they can't stand each other. What happens next is usually financial disaster for both.
Even a divorce at 40 can do big damage if you think that you've lost up to 20 years of work if you were the breadwinner and responsible one. But both will suffer in many ways.
The obvious thing to do is to start from the beginning with a plan that includes the idea that you may have to go your own way. This applies to both men and women. Have your own money and manage your own credit where you can do so such as in credit cards and car loans. Own your vehicle.
I've seen much of this with friends and those a meet. They are married for 30 to 50 years and then realize they can't stand each other. What happens next is usually financial disaster for both.
Even a divorce at 40 can do big damage if you think that you've lost up to 20 years of work if you were the breadwinner and responsible one. But both will suffer in many ways.
The obvious thing to do is to start from the beginning with a plan that includes the idea that you may have to go your own way. This applies to both men and women. Have your own money and manage your own credit where you can do so such as in credit cards and car loans. Own your vehicle.
Monday, April 2, 2018
Fading Retirement Dream
Layoff then financially strained
She thinks she may never retire. I'd consider less home, less car, and a job that pays 20k per year should be reachable in most places.
She thinks she may never retire. I'd consider less home, less car, and a job that pays 20k per year should be reachable in most places.
Early Retirement: FIRE - Financial Independence/Early Retirement
The Shockingly Simple Truth Behind Early Retirement
Mr. Money Mustache has some good ideas and he backs them up with ratios which are the gold standard for actually understanding something.
Flight Attendant to retire at 39
Mr. Money Mustache has some good ideas and he backs them up with ratios which are the gold standard for actually understanding something.
Flight Attendant to retire at 39
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