Retirement Planning

Compounding interest really is an amazing phenomenon. Interest compounded on itself begins growing so quickly that even Albert Einstein called it the 8th wonder of the world. If you wish to accumulate great wealth for your retirement, it is best to start sooner rather than later. Here are the details on exactly how to do so.

The government in the Land of the Free is moving in the direction of borrowing more and more of your retirement savings. They need more money & there is no easier pool of cash to ‘borrow’ than Americans’ retirement savings. $7.3 trillion in U.S. IRA accounts is too large for them to ignore.

Having unrealistic expectations as to how you will get by in retirement is not the way to go. This article identified 4 false expectations and suggests 3 better ways to ensure a much more comfortable retirement instead.

The farther away you are from retirement, the greater your potential to achieve a sizable nest egg in the future because time is on your side. [Here's how to do just that.]

Most likely whatever retirement planning you have done is wrong. You need to change your assumptions, ask questions and plan for the worst. Below are some very basic concepts that you need to consider when planning for your retirement whether it is in 5 years or 25 years.

Think you’ll retire at 65? The Transamerica Center for Retirement Studies’ 16th Annual Transamerica Retirement Survey has found otherwise.

As with most financial habits, knowing what you need to do is the easy part. Following through with it is where most people run into trouble. To help you in that regard HERE are the 4 most important factors that help determine whether or not you’ll have a large enough nest egg to cover your living expenses during retirement.

In Canada "seniors" (what an awful word!) are the new elite. Politicians pander to them. They get tax breaks up the yin-yang. They suck up most of the health care. Their employers can’t even kick them out the door - not that most need to work. They’re rich.

Financial Repression is a form of wealth confiscation and redistribution that is in some ways as effective as taxation - but the government never directly calls it that. It never appears in the budget (directly), and while it is dependent on a comprehensive network of laws and regulations - none of those go through the legislature with a stated intention of creating Financial Repression. So while the economic net effects are similar to a huge and comprehensive set of investor taxes being used to pay down the national debt, the "taxes" are never a campaign issue because voters and investors don't understand what is happening - they only feel the results. [In this article I lay out for you what is slowly developing and expected to escalate dramatically in the next few years.] Words: 5800

According to the 4 percent rule, retirees who withdraw 4% of their initial retirement portfolio balance, and then adjust that dollar amount for inflation each year thereafter, can create a paycheck that lasts for 30 years. The concept has recently been criticized given the fact that the current crop of retirees are entering retirement during a period of historically low interest rates so the question of how much a retiree can safely spend each year is now more important than ever. This article reviews the original concept and puts forth a number of variations to help you answer the question put forth in the title: How much can I spend in retirement without running out of money?