Today we’re getting an inside look at some of the world’s most unconventional retirees. They worked hard throughout their careers – saving, investing and providing for their families – but instead of throwing in the towel after their last paycheck, they took a chance and started a new adventure.
The employment landscape has changed dramatically; a growing number of Americans, experiencing substantially less job security than previous generations, are leaning toward the idea of reinventing themselves from employee to entrepreneur. What holds many of them back is this question: Where will they get the funds to buy or start a business?
So you’re ready to retire, but your spouse is not. This can cause some serious stress in your marriage, as well as significant financial problems. Before you decide to take the plunge into retirement before your spouse is ready to join you, take a moment to consider the struggles that come with it.
Retirement doesn’t have to start in your 60s. With the proper planning, you could get to your golden years long before the rest of the pack.
They’re the one retirement financial program that investment pros either seem to love or hate. Here’s a breakdown of the good, the bad and the downright ugly when it comes to the world of annuities.
Rolling over your retirement funds into another retirement account will let you stay in control of your savings when you switch jobs. You can get the details here.
If retirement is an option for you in the next few years, it’s important to pick the best time for you. The year and month you retire can greatly affect your benefits and vacation pay, and can have implications on your Social Security benefits and taxes. Here are several considerations to carefully weigh out.
In most cases, investments will make up the majority of your retirement funds. But in order to be adequately prepared for your latter years, you need to make the right financial decisions in each period of your life. Follow these steps to ensure financial security during your retirement.