Wednesday, July 18, 2018

61 is Ideal for Retirement but so is 30

61 Ideal

If you need to work to 61 then sure it's a great age to quit, but if you can walk away earlier and find things you like to do more than work then of course go for it.

Sunday, July 15, 2018

Dividend Solution for Retirement

Seeking Alpha

This approach is tried and true.  It has served many and follows the principle of investing in good companies with growing dividends.

USA Best and Worst Places to Retire

Ranked

These rankings have a problem.  In each state there are places that have higher quality of life and lower costs.  Weather you of course can't change but what's amazing is to see South Dakota as number one.  Has anyone doing this research heard about arthritis?  There is a reason many move South in retirement and it has to do with Winter pain levels that come from the cold and stiff joints.

Another issue is the control you have over your type of living quarters that can go from a mobile home to a mansion.  A mobile home on the Eastern Shore of Maryland, one of the worst ranked states, will not cost appreciably more to live in than a similar one in Florida if you control your land costs.  The property taxes on an old trailer are low for most places you will live.


Retirement a Great Second Life

Second Life

If you want a good second life in retirement ideally it should have some connection to your past life.  It can be teaching or simply a way to do something related to what you have done but in a more limited fashion.

Retirement Healthcare costs - Shockproof

Costs

Expect to spend whatever your health insurance costs are plus the maximum deductible and out of pocket expenses.  Insurance companies do calculations for a reason and they know the average costs.  You can plan on spending what they won't cover at a minimum.