Retirement

Unfortunately, thousands of UK senior citizens have been duped by unscrupulous investors to pull their retirement savings from safe, legal investments and invest it in unregulated investment schemes. These schemes are often unregulated but have the promise that investors will get high returns. Without any financial background, it is hard for you to determine the […]

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Most of us take for granted that we can easily stand, walk through a room or up a flight of stairs, and then sit again. We can easily sleep in a bed without undue pain or a struggle to rise the next morning. Unfortunately, for many people, those steps are incredibly difficult and even painful. […]

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For some of us, the thought of retirement seems so far ahead that it’s almost laughable to start preparing for it already. Your job probably already has a retirement plan that you’ll be utilising and while this can often seem like enough, the truth isn’t quite as simple. In fact, preparing for your retirement early […]

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None of us know how long we are going to live. And, when you factor in variables like inflation, it is hard to say with precise accuracy how much money you will need when you retire. Fortunately, there are a few solid tips that will help you live comfortably, even if you reach the ripe […]

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“If you would be wealthy, think of saving as well as getting.” –  Ben Franklin Most 20-somethings are considering the future, but aren’t necessarily planning for retirement. Young people are preoccupied with the now, because there’s a lot of pressing matters. Figuring out where to live and what can be afforded takes precedence over retirement […]

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It’s true that the years is only half over and you only filed taxes a few months ago.  But believe it or not, it’s already time to start planning and preparing for next year’s tax preparations.  The biggest mistake that most people make is waiting until the year is over to start their tax preparations.  By doing […]

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Yesterday I read an article on CNBC’s website that spelled out exactly how much money it takes to be rich. Before I share how much money they think it takes to be rich, take a minute and think about what it would take to make you feel rich. For my kids, it would probably be […]

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How the 4% Retirement Rule Works

by on October 27, 2011

There is a pretty common retirement planning rule of thumb that says that you can withdraw 4% of your savings each year during retirement.  It is referred to as the 4% rule.  As with all rules this simple, there are drawbacks to using it as your only source of retirement planning, but when used with other […]

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If you’ve talked to a financial planner about retirement, you’ve probably heard at least a little about creating a trust fund for retirement.  In summary, a retirement trust fund is an irrevocable trust whereby assets (money, securities, property) are transferred to a trust and then managed by a trustee for the benefit of the primary […]

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Planning for Early Retirement

by on August 31, 2011

If you’re over 30 you should’ve started at least thinking about retirement.  If you’re really motivated, you should not only be thinking, but also planning for early retirement.  As far as I know, everyone wants an early retirement.  However, if you’re lucky enough to save for one, should you really take it?  Let’s look at some […]

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I Want to Retire at 50, How Much Money Do I Need?

August 22, 2011

No matter how young you are it’s never too early to start planning for retirement.  For most of us, 50 years of age would be an ideal retirement age.  You’re still young enough to enjoy life and hopefully have a lot of time to do it.  So, how much money do you actually need to retire at […]

How Much Money Do You Need to Retire?

July 28, 2011

Every person that is or has ever planned for retirement asks themselves the question: How much money do I need to retire?  Well, there’s no perfect answer for this question and everyone’s needs are different, so the best way to find the answer you’re looking for is to look at it from many different perspectives […]