For the first time in more than 25 years, Congress has raised the limit on federal deposit insurance coverage, which protects against loss if a banking institution fails. However, the higher insurance limit only applies to certain kinds of retirement accounts that people may have at banks and savings associations insured by the Federal Deposit Insurance Corporation (FDIC) and at…
Tag: Retirement
Why Do We Need To Invest
It is vitally important in this current day and age for all of us to begin taking control of our financial situation and start planning for our future, and the futures of our children. We can no longer rely on the government to hand out an aged pension once we retire. We cannot take for granted that at the end…
Working In Retirement
Most experts on the subject believe that the Social Security system will be bankrupt in about 15 years. However, some new studies have offered a ray of hope. They seem to indicate that the assumption that the boomer generation will retire at 65 or 67 and sit back to collect their social security checks is incorrect. They believe a sufficient…
Retirement Plans For Solo Entrepreneurs
Saving for retirement is even more important for solo-entrepreneurs because you don’t have a company sponsored pension plan or matching 401K contributions to rely on. There are many retirement plans available to self employed individuals and small businesses. Which one is right for you? Here is just a sample of the retirement plans available to solo-preneurs and small businesses: Roth…
A New Type Of Philippine Real Estate Investment
Enjoy ownership, luxury, & appreciation in a Condo Hotel vacation home! Considering retirement in a Tropical Climate For many British, Australians and Americans, retirement time is just around the corner. At home, with low interest rates and high cost of living, the prospect of trying to live on a pension, in old age, is a daunting one unless you are…
The Importance Of Planning Your Retirement And The Consequences Of Not
Bob is a 65 year old graphic designer that is very financially secure. His colleagues, friends and family define him as a prosperous “fly by the pants” kind of guy. From as far back as he can remember, Bob has always hated planning and believes that his “spontaneity” and ability to think creatively while implementing new ideas has made him…
Retirement Budgeting Made Effortless
Budgeting for your retirement can seem like a daunting and complicated task as you face an era of uncertainty, losing your income and losing your livelihood. It is a tentative time that creates stress, especially if they have not paid as much mind to the area of budgeting, as they should have. Retirement should be a time to look back…
How To Plan Your Retirement Abroad
A growing number of international citizens are contemplating the concept of taking early retirement, escaping the hectic monotony of the daily grind and retiring abroad in a low cost location to make the most of their retirement savings. If you’d like to live overseas to escape the high costs of living associated with countries such as American and Britain for…
Retirement Communities Are Key To Living Well
Today, growing older doesn’t necessarily mean slowing down your life. In fact, just the opposite is true, as thousands of seniors have already discovered how to enjoy their “golden years” with vigor and style. Not content with sitting in front of the television, today’s senior citizens are swimming with dolphins, learning a new art form and even plunging from a…
Choosing The Perfect Retirement Home
Making the decision to move from the comfort of your own home into a retirement home is not one to be taken lightly and needs a lot of thought and preparation. So what should be you be looking for? Peace of Mind Whether you are able to live without assistance or need extra care, you want to know that you’re…