An AARP survey of over 5,000 American workers aged 50 or older has confirmed…that the Great Recession has radically changed the financial situation for many aspiring retirees and that the outlook for their golden years now looks grim. It seems that counting on their home equity to finance a life of leisure didn’t exactly work out as planned. [Let's review the survey's findings.] Words: 400
May 24th, 2011 | Posted in Personal Finance,Retirement Planning | Read More »
I’m almost certain that — no matter what you and I think about it — overall tax rates are going to continue creeping higher in the years ahead so I strongly urge you to consider taking advantage of every legal means you can to shelter your wealth and watch it grow with as little interference from Uncle Sam as you can. Words: 1035
April 11th, 2010 | Posted in Personal Finance,Retirement Planning | Read More »
Many Americans are reacting to the economic downturn not by resolving to save more but by no longer actively planning for retirement. “That’s exactly the opposite of what they should be doing,’’ said Paul Ballew, senior vice president at Nationwide Insurance. Words: 369
February 26th, 2010 | Posted in Retirement Planning | Read More »