Sunday , 22 December 2024

Finance

Retiring? Here are 9 Countries in Asia Worth Considering (+7K Views)

More and more retirees are looking to retire abroad where the sun shines almost daily, the weather is temperate, the lifestyle is enjoyable and the cost of living is a fraction of their current expenses. Have you ever considered Asia? This infographic compares the cost of living, lifestyle and personal safety of 9 countries worth considering. Words: 999; Photos: 5

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Big Banks Blatantly “Harvesting” Your Money! Got Physical Gold? (+3K Views)

When prices are set by companies that can profit by manipulating or rigging them, we’re screwed. This “harvesting” of our money in ever-more-creative and hard-to-detect ways is not just stealing by reaching a hand into our pocket and taking out money, but stealing in which banks can hit a few keystrokes and magically make whatever is in our pocket worth less. This is corruption at the molecular level of the economy - space age stealing - and it’s only just coming into view.

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Retirement Age Keeps Going Up – When Will You Retire? (+4K Views)

Just 10 years ago, most Americans felt confident they'd hang up their hat by the time they turned 60. Now the average working stiff expects to retire at age 65 due to the housing crisis and credit crunch, among other nest egg busters....Experts are predicting that the trend will continue, thanks to the Great Recession so, for now, Americans are just focused on keeping their day jobs. When will you retire? Check out the graphic below to find out.

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Is An Annuity Needed In a Retirement Plan – Or Not? Read On

If you don't know much about investing, you may feel overwhelmed or bewildered by the choices. Enter annuities. The best of them are easy to understand, even by financial novices: "Give us your money, and we'll give you this much money per month until you die." That sounds simple - but simpler isn't always better [so let's review] whether they're needed in a retirement plan or not.

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Just How Accurate Are Financial Forecasts? (+3K Views)

Even the foremost experts in most fields are no better than a flip of the coin at predicting what’s going to happen in their particular area of expertise. In fact, in one study those with 80% confidence in their forecasts were only right 45% of the time, so even worse than a coin flip.

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