Life is short.  True, but it’s also long. Life seems short when you are having fun.  Retirement is about having fun and enjoying the golden years.  Having to do that with little or no money can be brutal.  You have to figure at age 60 (when most of us aspire to retire) , there are [...]

Oh what lessons do we learn?  The markets are great, people are feeling great about them, and why shouldn’t, you’re up.  Something tell me we’ve seen this before.  According to the numbers from The Chicago Financial planner, The S&P 500 peaked at 1,527 on May 24, 2000 and then dropped 49% until it bottomed out at [...]

Let’s try and take a look at a few variables that we need to know before we can come up with a solid retirement plan.  We start with assets.   Current assets are important to businesses because they are the assets that are used to fund day-to-day operations and pay ongoing expenses. Depending on the nature [...]

Thinking about all the mathematical possibilities and equations and variables for retirement planning can be very daunting.  The ironic part is that retirement planning SEEMS like it should be one of the most simple things we do.  You save money in a retirement plan, it grows, you stop working, you use it.  Right?   With today’s [...]

Everybody gets it.  A lot of people give it.  Retirement advice is not something to throw around lightly.  It isn’t the same as advice on what movie to go see, or restaurant to try out, or even marital advice.  This can ruin your retirement and there is no going back on that.  You simply can’t [...]

Certainly baby boomers have run the gauntlet when it comes to retirement planning.  We gone through one of the worst periods in modern history with the market crash in 2008 that saw many Americans retirement plans and portfolios diminish.  We seen baby boomers win in the market and lose in the market.   We’ve seen [...]

Retirement portfolios that don’t include a solution for lifetime income is like playing golf without a complete set of clubs.  There are many aspects of retirement that need to be addressed.  Growth, income, long-term care, etc. and each one is like a club in your bag.   Imagine that you are playing a round of [...]

How much will things change once I retire?  The big picture items will change, like, no work, no commute, no more water cooler chats, no more raises or bonuses.  Probably no more health care or life insurance.  Other than that, life will go on most likely. I read an article this morning on Daily Finance [...]

Retirement problems are all the same.  They all stem from the same common denominator.  How do I put money away when I have to deal with all my debt?  How can you sane for retirement when all your resources are going towards buying new things, or reducing debt?  Step one is to reduce debt as [...]

Adding to your IRA every year is a must.  The 5,000 or 5,500 limit isn’t a huge chunk of change to dish out and a little can go along way towards your retirement goals depending on how soon you start saving.  The trouble most people have is that they need the extra 5,000 to pay [...]