Anyone planning to spend their golden years near Mount Rushmore is in luck as South Dakota was ranked the best state to retire, according to a new report by Bankrate.com. Based on seven categories, South Dakota took the lead followed by Utah, Idaho, New Hampshire and Florida.
Getting your finances in order before you retire is not just important, it's crucial. But equally important is the emotional side. It is absolutely important that people go into retirement with a plan.
It's question No. 1 for most retirees when it comes to retirement savings: How much income can I get from my portfolio? These four strategies can give you the answer.
About 71% of people, including working folks and retirees, have financial worries, a survey shows.
All retired investors should ask themselves three questions to see if they are wasting precious retirement resources
Free time can be worth a lot more than cash in retirement.
The Federal Reserve says nearly 20% of Americans almost ready for retirement have no retirement savings. None. Gulp.
Take advantage of the decades you have before retirement to establish good savings habits and benefit from the magic of compounding.
First, the basics. If you still owe someone, or love someone, yes, you need life insurance. Now, let’s dig a little deeper and look at the other reasons you may still need life insurance after 65. 1. You’re still the “Bank of You.” 63% of parents over 55 are still supporting their children and or grandchildren, according to LIMRA Secure Retirement Institute. What happens if you are no longer around to provide that support? Who will your children turn to for financial help…
Most older Americans want to stay in their homes. But they'll need to renovate and it's hard to get good information on how to age in place.
A few years ago, I talked about reasons you shouldn’t retire early. Let’s take a look at the other side of the argument. Other than the desire to sit on a hill overlooking the ocean at sunset (actually, you and your spouse can get matching tubs that overlook the ocean now, you don’t have to […]
Many Americans choose to downsize their home when they retire. Larger homes tend to require more maintenance. Aging Americans may have difficulty with the ongoing upkeep of a large home
Understanding the reason for their reluctance may help people make better investment choices.
Use this road map to help answer, "How much money do you need to retire comfortably?" It shows how to tailor a retirement savings plan unique to your needs.
Even with the shaky economic times, we need to remember the basics.
It's well known among financial planners and retirement experts that women looking to retire face a unique site of issues that can be quite different from a man
If you’re looking to retire in the near future, a recent Bankrate study on retirement location...