In recent times, the average retirement age is around 60 years. One needs to cater for living comfortably for almost 30 years post-retirement while maintaining the same standards as that while in service.
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These tips for ways to save so you can retire early are different things you can utilize in your overall, individual, plan to reach your savings goals. Not all of these things will work for everyone, but hopefully it will help you see what works for you and what doesn’t and help you define [...]
Read More...Unbelievable, but many people believe the UK State Pension will be enough to fund their retirement, but this just isn’t true. Don’t kid yourself! Nowadays, nobody in the UK is able to live comfortably just from his or her State Pension. Indeed, pensioners may well be worse of in 2015 than they were in [...]
Read More... Guess what? The party’s over. Picture the morning after a wild frat party and you have the image of today’s sad economic state. And yes, we all have financial hangovers. And what do you do about a hangover?
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The other day, I was having a conversation with one of the first personal financial planners in the nation. In fact, they were in the very first college course as the new industry was emerging decades ago. We got to talking about the reality of the current stock market, and the challenges to find [...]
Read More...In the coming 10 years time, the first wave of about 75 million baby boomers would retire in America. With improved healthcare facilities today’s retirees are a lot healthier than their parents and are planning for a longer retirement and spending their time with families and grandchildren, getting into their hobbies or even taking [...]
Read More... If you decide to get divorced from your spouse, one of the key functions of the process will be decide how to split the assets fairly. One part of this is to consider the treatment of your pensions.
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Moving to a retirement home could be the start of an exciting and fulfilling new life for you. Here, you can enjoy the rest of your life to the utmost with your peers, especially if you’ve planned well for your golden years. You can look forward to being especially busy with activities and socializing, [...]
Read More...It’s becoming quite normal for people to manage their own superannuation fund, especially if they have experience in finance. In most cases, people will allow someone else to make decisions about their retirement fund because it seems a lot easier, but would you prefer ease or a lot more money to play with in [...]
Read More... Salary sacrifice into superannuation is when you offset a specific sum of your salary that’s directly deposited into your superannuation fund. Higher income earners often enjoy this option, if permitted by their employers, because they will be able to enter into a lower tax bracket.
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