Category: Retirement
A leisure world of retirement doesn’t appeal to everyone. If you have decided that you have had enough of work and plan to retire as soon as feasible, you might first take a look at some really good reasons to continue, according to USA Today in “18% of baby boomers and Gen Xers plan to […]
You have choices, so what are your interests? There are a number of options with age-restricted communities. However, active community living is one of the growing choices, according to Next Avenue in “How to Choose a 55+ Active Adult Community“. How can you determine which is the best for you? There are small, city-based apartment […]
RMDs are legally required and it is best to study up on them, because taxes can be 50%. Required minimum distributions (RMDs) are not always a common name to retirees but they should be, according to Forbes in “5 Things to Know About RMDs“. The withdrawals are legally required and you have to take them, […]
Once you’re on Medicare, you can’t have it both ways. Many people find it useful to have a Health Savings Account. However, they can run into difficulties when they enter the world of Social Security, according to CNBC in “Near retirement and have a health savings account? Beware of snags when claiming Social Security“. As […]
Retirement at age 65 may become a thing of the past. The participation rate in the workforce in people of retirement age has gone to more than 20% for the first time in 57 years, according to Crain’s New York Business in “America’s elderly are twice as likely to work now than in 1985“. As […]
Many retirees head for warmer climates and states friendly to retirees. New Mexico, Florida and Arizona are gaining retirees, while New Jersey, Maine and Connecticut are losing them, according to CNBC in “Retirees are flocking to these 3 states—and fleeing these 3 states in droves“. A survey was conducted recently by the moving company United […]
Not enough savings and too much spending? You move along through life and perhaps think about retirement, but some people do not plan retirement, until they are in their mid 50s. The result? Mistakes have already been made, according to The Street in “Avoid These Big Mistakes in Your Retirement Planning“. The biggest, most obvious […]
The 65th birthday is key, when it comes to Medicare and the deadlines are taken seriously. Potential Medicare enrollees can face some pretty stiff late-enrollment penalties and they don’t end, according to The New York Times in “If You Do Medicare Sign-Up Wrong, It Will Cost You“. The mistakes are expensive and they are frequently […]
Want to go from Boomer lifestyle to sitting down? Probably not! The idea of retirement as a time to settle down and no longer be an active citizen is being challenged by a generation that has so far changed every stage of living, according to Next Avenue in “How to Avoid Becoming a ‘Bored Boomer’ […]
If the clients wait until the last minute, panic can set in. A woman and her team focus on the difficulties of the work as well as the emotional challenges faced by Baby Boomers who opt to downsize, according to Columbus CEO’s article “Estate Planning and Retirement: How to Downsize Like a Diva.” One of […]
