The myRA program, which ostensibly helps people save for retirement (though it offers no benefits over existing options). is the opening shot in the undeclared war on your retirement savings and an eyebrow-raising ruling in the US Tax Court is the second shot. Let me explain.
Read More »Retiring Soon? Check Out These Best-of-the-Best Locations
In your 50s or 60s and thinking about retiring and moving to somewhere less expensive and with great weather, great food and friendly people? Look no further. We have the best-of-the-best right here!
Read More »The 10 Best Places in the World to Retire (2K Views)
Where are the world's best places to retire? Here are 10.
Read More »Looking At Retirement & Planning To “Wing It”? Here’s A Better Way
In reality most Americans are winging it when it comes to their retirement plans. The plan for most will be the default with Social Security which was never intended to be the primary source of incomes for millions of Americans. The new retirement is no retirement and working well into old age. If that's you here is how to avoid such a future.
Read More »Retirement for Most Americans Is Largely a Mirage – Here’s Why (+2K Views)
With defined benefit pension plans slowly going extinct and Americans not saving enough for retirement it is becoming tougher for Americans to retire and is setting the stage for a retirement disaster...
Read More »Retiring Soon? Consider Relocating to One of These Cities or Countries (+2K Views)
If you are retiring soon you might well be considering relocating to somewhere less expensive and with a slower pace and better weather. This post outlines retirement destinations well worth considering.
Read More »Retiring Soon? These Countries & Cities Are the BEST Places In the World to Consider (+2K 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. Here are a number of countries worth considering.and the merits of each destination.
Read More »Investors Beware: Armageddon Lies Ahead for Municipal Bond Holders!
The Securities and Exchange Commission is worried that municipal bankruptcies, combined with an expected spike in interest rates, means that the muni bond market could face "Armageddon" with devastating consequences for the individual investors (74% of the total) who hold the paper of which many are retirees. Words: 490
Read More »U.S. Gov’t May Want to “Help” You Manage Your Retirement Account! Really?
When the government runs out of money, or they face a drying up in interest for its debt, they will come for the $19.4 trillion in Americans' retirement accounts. It seems that day may be finally drawing near. Here's why.
Read More »Dire Implications for the +25% of American Workers Using Retirement Savings Accounts to Meet Current Expenses
More than 25% of American workers (33% of those in their 40s) with 401(k) and other retirement savings accounts use them to pay current expenses, new data show, [which is] undermining already shaky retirement security for millions of Americans. With federal policymakers eyeing cuts to Social Security benefits and Medicare to rein in soaring federal deficits, and traditional pensions in a long decline, retirement savings experts say the drain from the accounts has dire implications for future retirees. Words: 890
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