Retiring abroad is a lifelong dream for many. If you’ve contributed enough to a retirement account for most of your working life, the dream can turn into reality. Before you get your passport in order and start packing, though, there’s a long road of preparation to see if moving abroad is the right decision for you. Here are some points to consider.
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Things to Remember When Considering Early Withdrawal From Retirement Plans
Many taxpayers may need to take out money early from their Individual Retirement Account or retirement plan. Doing so, however, can trigger an additional tax on early withdrawals. They would owe this tax on top of other income tax they may have to pay. Here are a few key points to know:
Read More »The Retirement Crisis: The Elderly are Broke
A study released by GoBankingRates reveals that older people planning their retirement have cause for concern. 42% of Americans are facing their golden years with less than $10,000 in savings.
Read More »How to Retire With Less Than $1 Million in Savings (+2K Views)
The sad truth is that many Americans are vastly underprepared when it comes to retirement savings with a 2016 GoBankingRates survey revealing that 33% of Americans have nothing saved for retirement at all and, in total, 56% have less than $10,000 saved. [That begs the question] "How much money does it actually take to retire comfortably?" It seems like one million dollars is the magic number many people think of but is it really necessary? Could some people could get by in retirement on less? Let's explore all the different ways you could live a happy retirement even if you don’t amass a million-dollar nest egg.
Read More »Silver: Diversify Your Holdings & Juice Your Returns – Here’s How (+2K Views)
50 ways to diversify your silver holdings. Now you can make sure you have the right form of silver, for the right purpose, for the right time, for a diversified hard-asset portfolio.
Read More »5 Mistakes Investors Make By Going Solo On Their Retirement (+2K Views)
Many Americans have taken it upon themselves to do the vast majority of retirement planning without the help of a financial advisor. While that is perfectly fine and legal, it is not entirely wise considering the long-term margin for error. Plenty of things can go wrong, and they do, often leaving investors lost and confused about what they can do to better their circumstances. There are 5 major errors committed by solo investors that can greatly impact their ability to maintain wealth throughout their retirement. Here they are!
Read More »Ways to Use Leverage to Maximize Gold Returns (+3K Views)
There are many different investment vehicles one can use to invest in gold but the key aspects that we as investors and traders must always look for are the vehicles' relationship and correlation with gold prices, and how much that correlation is or isn’t leveraged to the gold price.
Read More »5 Surefire Signs You Have Too Much Debt
Your credit card bills may not be keeping you up at night yet, but if you analyze your financial situation, you may find that you are closer to the edge than you think. Here are 5 warning signs that you have way too much debt:
Read More »You Might Be Saving TOO MUCH for Retirement – Here’s Why (+2K Views)
How much money do you really need to retire on? We’re bombarded with messages about retirement savings – that...[we] haven’t saved enough; that company pension plans are underfunded; that the Canada Pension Plan [or U.S. Social Security] won’t be able to handle the influx of boomers who are set to retire over the next 10 to 15 years. If that’s you, then you might be panicking right now. Stop! According to a new book retirees may not need as much as they’ve been led to believe.
Read More »ETF Investors: Avoid These 10 Common Mistakes (+3K Views)
While ETFs offer numerous advantages over traditional actively-managed mutual funds and individual stocks - near total transparency, intraday trading, and a (generally) more straightforward tax situation - they aren’t foolproof, and there are plenty of opportunities to make mistakes while investing in ETFs. Words: 1991
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