Friday , 19 April 2024

Tag Archives: retirement

Coming Retirement Crisis Will Shake America To The Core (+4K Views)

The pension nightmare that is at the heart of the horrific financial crisis in Detroit is just the tip of the iceberg of the coming retirement crisis that will shake America to the core. As a society, we have made trillions of dollars of financial promises to the Baby Boomers, and there is no way that we are going to be able to keep those promises. The money simply is not there.

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Canada is a Great Place to Retire – Here’s Why (+4K Views)

While [Green Valley] Arizona, [Naples] Florida, [Ajijic - Mexico or Mendoza - Argentina,] or some hidden island in a foreign land, might seem like the dream place to live out the end of one’s life, it turns out that Canadians just might be better off at home [and Americans and others should seriously consider emigrating to Canada sooner than later]. Here is a brief summary of the reasons why. Words: 842

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Welcome to the New Retirement Model – NO Retirement! Here’s Why (+4K Views)

Welcome to the new model of retirement. No retirement. In 1983 sixty two percent (62%) of American workers had some kind of defined-benefit plan. Today less than 20% have access to a plan. The majority of retired Americans largely rely on Social Security as their de facto retirement plan [and the 35 and younger cohort are not able to save, or save enough, to eventually retire. True retirement is now a thing of the past except for a privileged few. Let me support this claim.] Words: 1091

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Retirement Age Keeps Going Up – When Will You Retire? (+4K Views)

Just 10 years ago, most Americans felt confident they'd hang up their hat by the time they turned 60. Now the average working stiff expects to retire at age 65 due to the housing crisis and credit crunch, among other nest egg busters....Experts are predicting that the trend will continue, thanks to the Great Recession so, for now, Americans are just focused on keeping their day jobs. When will you retire? Check out the graphic below to find out.

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Retired? Financially Stressed? Here Are Some Ways Out

My parents are more stressed now than ever before as a result of the combination of healthcare costs and income squeezes. The threat of bankruptcy for them is a big one, as is foreclosure on their family home. This has inspired me to write this article (guide) for seniors on how to deal with the financial stress in their lives. I hope you find useful.

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4 Ways to Shelter Your Wealth & Pay Less Taxes (+2K Views)

Overall tax rates are going to continue creeping higher in the years ahead so take 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. Here are 4 such ways to do just that - pay less taxes!

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