If you want to have a good retirement, you need to figure out what that means to you. There are financial considerations, but planning how to spend your time is equally important. Get 65 useful tips now…
You want your money to grow. Is an advisor worth it? Should you pay fees based on your assets or an hourly fee. Learn what is right for you.
What is your inflation risk? (It just went up.) Here are 8 ways to protect your retirement finances from rising inflation.
Read now…
As a pre retiree in your 50s or 60s you are probably 5-10 years from retirement. Here are 12 things you need to do NOW for a secure future.
Explore the proposed tax increases on the wealthy and find out what to do about it if you might be at risk of a higher tax burden.
For many, becoming a millionaire is a desirable (and useful) milestone. Here are 14 myths about millionaires and some tips for how to become one at any age.
Listen Now: Don’t miss out on future episodes: subscribe on iTunes subscribe on Stitcher And, join our private Facebook Group to discuss this podcast, suggest topics and learn with our growing community. Video: Callouts: Peter Leyden Full Transcript of Steve Chen’s Interview with Peter Leyden: Steve: Welcome to The NewRetirement Podcast. Today, we’re going to be talking with Peter…
Flipping your perspective enables you to see things in a new and different way. This fresh approach can change your attitude and help spark creative ways of approaching a problem — even a problem like how to retire or feeling worried about retirement. Your attitude toward anything in life is all based on perspective. If…
Over saving is by design by some and a mistake for others. Get advice for what to do if you think you are over saving from people who know.
If you are worried about running out of money in retirement, you are not alone. Running out of money is the main concern of most people in or approaching retirement. And, there is VERY good reason to be concerned — VERY concerned. Let’s explore this fear. Are you right to be scared? What can you…
We hear a lot of horror stories these days about people saving too little, but the fact is that some people are actually saving too much for retirement. It is possible to have too much of a good thing… It’s safe to say that my grandfather is one who saved too much because even though…
Online retirement forums are great options for discussing money and getting answers to financial planning questions.
Retired athletes too often face financial ruin. According to authoritative reporting by Sports Illustrated, approximately 78 percent of NFL players either go bankrupt or face some serious financial stress within two years of ending their playing careers, while 60 percent of NBA players are broke within five years of retiring from the game. More recent…
Steve and Roger discuss an agile process to truly rock retirement, not just survive it. Make the most of this period of life.
To gain financial independence for retirement, use the lessons of those who have retired early. Here are 15 of the key lessons from the gurus running the top financial independence blogs. The Big Takeaways… Financial independence can be achieved, but it’s about combining lifestyle ambitions with reasonable financial strategies. Financial independence comes with some sacrifice,…
Episode 54 of the NewRetirement podcast is an interview with Paula Pant, the Founder of Afford Anything, a personal finance site, and host of the Afford Anything Podcast with 15 million downloads. (congrats!) Paula’s core belief is that you can “Afford Anything but not Everything”, and every decision has a tradeoff. We’re going to discuss…
At age 47 I was jobless, emotionally broken after an abusive marriage, and running through savings to keep a divorce attorney in my corner. Grieving my mother’s death and terrified that my disabled adult daughter and I would end up homeless, I couldn’t see any kind of future for myself. Within five years I had…
If you are asking, “Am I ready to retire?” Here is some good news: you don’t necessarily need $1 million dollars for a successful retirement. So, what you do need? We did a little digging and here are 8 important skills that will enable you to achieve financial security, health and the best most secure…
Recently online, individual NewRetirement subscribers were discussing the most foolish financial decisions they had ever made. The conversations were interesting in that many highlighted a few bits of “wisdom” about being “foolish.” Foolishness Can Be a Great Learning Tool Making foolish decisions can be one of the greatest learning tools. “A wise man can learn…
Recently on the NewRetirement Facebook group, we asked, “What is one insight you gained by going through the process of creating a retirement plan?” It is clear from the responses that creating a plan can create wealth, security, fewer taxes, an earlier retirement, and much more. The insights are varied and reflect the fact that…
Early retirement is a dream for many Americans, but one that few are sure they’ll be able to reach. In fact, findings from the Boston College Center for Retirement Research have found that the average retirement age has actually risen to 65.7 for college-educated men and 62.8 for college-educated women (while remaining at around 62…
Whether you know if or not, you have a type — a money personality type. And, your attitudes about finances will likely impact your retirement. Knowing and learning about your money personality type can help you avoid pitfalls and use your strengths to your advantage for a secure and happy future. What is a Money…
How are you going to pay for retirement? How is everyone else doing it? What is the average retirement income for 2021? Has it changed a lot from past years with the pandemic? Are you anywhere close to average? 2020 was a devastating year for the finances of many households. And surprisingly, it was also…
In some cases a year can make a huge difference. Think back to 2019. It was certainly different than 2020 (to say the least). But sometimes years go by and not all that much has changed. Knowing when to retire is a huge decision. It can be easy to put it off a year and…
Episode 52 of the NewRetirement podcast is an interview with Ben Carlson — Director of Institutional Asset Management at Ritholtz Wealth Management — and discusses whether we’re in a bubble, how to invest in a bubble, and Carlson’s new book, Everything You Need To Know About Saving For Retirement. Listen Now: Don’t miss out on…
All kinds of things happen to our brains and bodies as part of the normal aging process. And while we might prefer to ignore getting old, sometimes it is useful to know what might happen in the future so we can make better plans now. Researchers have discovered that as we get older, core financial…
