Tuesday , 12 December 2017


Retirement Planning

Here’s How Not To Compromise Your Nest Egg In Retirement

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Transitioning to retired life on a fixed income will undoubtedly have a few bumps in the road. This is a brand-new chapter of life for you, and it's reasonable to expect some challenges ahead. The last thing you want to do, however, is compromise your nest egg with costly, easily avoidable mistakes. After all, you need that money to get you through the rest of your life. As such, consider these costly mistakes of the newly retired so you don't follow suit.

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World Faces A Massive Retirement Shortfall & U.S. Leads the Way!

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Millennials had one of the most optimistic upbringings in history, but it feels like they’re just being saddled with crisis after crisis. Here’s the latest one, from the World Economic Forum (WEF). The international body has published a white paper warning that global expectations need to change quickly, as the world is facing a massive retirement shortfall. By the organization’s calculations, they estimate that this potential crisis needs a whopping US$427.8 trillion dollars to correct. They might as well have said a bajillion dollars.

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Use These 11 Math Equations & Budget Like A Genius

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Math class seemed pointless back in the day, but it turns out all those confusing equations are quite useful....We've rounded up 11 math equations that can be used every single day. Write them down, whip out your pencil, and prepare to budget like a genius.

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How to Save Money During Retirement

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Retirement years can be plagued by financial uncertainty what with not having a steady paycheck coming in. Fortunately, common sense money saving opportunities as presented in this article furnish relief for seniors.

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Saving For Retirement Today Will Compound Your Returns Tomorrow

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When should you start saving for retirement? Financial advisors say it is never too early to drop a chunk of your monthly paycheck into a retirement account – and ideally in your 20s when you start earning a steady paycheck. The compounding effect of money can be very powerful especially over a long period

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Are You Better At Investing Than the Average Investor?

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All investors think they are better in their investing than the average investor and such overconfidence can get you into trouble with your finances. It can cause you to take risks you shouldn't, and to ignore information that disagrees with pre-existing biases. It's tough to combat, because most overconfident people are also convinced they are not overconfident!

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Which Retirement Income Strategy Is Best? Here’s a Look At Three

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There are a lot of choices to consider about which retirement income strategy to pursue but which is the best is remarkably difficult to determine as “best” depends heavily on how you measure what “best” means. Careful thought about how a strategy will be evaluated is an essential aspect of the process in crafting an approach to financial planning. This article analyzes 3 such approaches based on wealth, spending, probabilities of success, magnitudes of failure and utility functions that weigh both the upside and downside risks.

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