comfortableretirement
You’ve reached that exciting stage of life where the 9-to-5 grind is in the rearview mirror, and your golden years are beckoning. Now, you’re faced with a choice. Should you consider joining a retirement community, or is aging in place more your style? The housing options available to retirees today can feel overwhelming. In this article, we’ll dive into the pros and cons of retirement communities and aging in place and discuss what factors are essential when deciding where to live out your retirement years. Your retirement era should be enjoyed to the utmost, and the importance of choosing th...
Due
Once an eagerly awaited milestone, retirement is currently undergoing a transformative reevaluation. Traditionally seen as a well-deserved period of rest and relaxation, the dream of early retirement is now being challenged by a new perspective – that of embracing lifelong work. This paradigm shift reflects the changing nature of work, increased life expectancy, and the desire for personal fulfillment. While there are both pros and cons to choosing to continue working, it’s important to evaluate both your motivations behind continuing to work as well as the varied factors and circumstances tha...
Due
Retirement is a chapter in life often synonymous with relaxation, leisurely pursuits, and a well-earned break from the daily grind. Yet, as the world evolves, so does how we approach this milestone. No longer confined to a one-size-fits-all formula, today’s retirement experience is dynamic, multifaceted, and highly individualized. More than before, people are mulling the idea of a delayed or phased retirement. Factors like increased life expectancy, desire for continued work engagement, and desire to ensure financial security have propelled two alternatives into the spotlight- phased or delaye...
Due
Retirement planning may seem like a distant goal, but the sooner you start, the better off you’ll be when the time comes to bid farewell to the daily grind. Budgeting, investing, and planning for future costs, such as housing and healthcare, are all important aspects of a well thought out retirement plan. In this article, we will break down ten essential steps of retirement planning so you can rest easy knowing you will be able to take full advantage of your golden years. Assess Your Current Financial SituationPlanning for retirement all begins with assessing your current financial situation. ...
Due
A person’s health becomes increasingly important as they age. We not only suffer from it in terms of our quality of life but also in terms of financial hardship. The reason? It is not uncommon for health problems to result in higher medical costs, lost wages, or even early retirement as a result of illness. A staggering 66.5% of bankruptcies are caused by medical expenses, making it the most common cause of bankruptcy. But, it gets worse. Expenditures on National Health Expenditures (NHE)grew 2.7% to $4.3 trillion in 2021, which is $12,914 per person and accounted for 18.3% of the Gross Domest...
Due
Many of the opportunities available to you are dictated by your financial situation, making it difficult to overstate the importance of taking care of your personal finances. When it comes to managing money, most of us have room for improvement. Understanding your current financial situation, setting goals, and making a plan are all important steps for improving your financial situation. The sooner you take control of your personal finances and put in the work to reach your financial goals, the sooner you can begin living life on your own terms. Here are 14 tips for revamping your personal fin...
Due
For many people, retirement is a time for exploration and adventure, and a well-earned opportunity to finally travel to those longed-for and dreamed-about locations. Yet choosing a retirement travel destination can be a complex process. You’ll want to consider several different factors, including budget needs, health limitations, weather concerns, and more. It’s easy to feel a bit overwhelmed. Here’s how to choose the right destination for your retirement travel, avoid travel mistakes, and ensure a fun, relaxing, and inspiring trip. 1. Create a retirement travel wish listDo you have a bucket l...
Due
Everyone wants to retire and spend the rest of their lives in comfort without worrying about their finances. That dream is definitely achievable, but, to do that, you must prepare for it as soon as possible. Whether you’re a bachelor or bachelorette, a widow or widower, there’s no better time to start preparing for retirement than now. Truth be told, being single puts you at a significant advantage in preparing for retirement, as you have complete control of your life and are most likely not responsible for anyone else. So, if you’re a single looking to get a head start on your retirement savi...
Due
Retirement looks pretty distant when you start your career until it’s suddenly around the corner. Dedicating more than half of your life doing your dream job, pursuing your passion, or just working to sustain your daily needs, it is not easy to turn off the ignition and hand over the key to someone younger. Well, some may object to the previous statement and would happily and gracefully make their exit. But the same question follows in either case. What happens next? And oh, an even bigger question. Are you and your spouse ready for it? Retirement is a period of adjustment, but the bills will ...
Due
To retire comfortably, Americans say they will need $1.1 million. Unfortunately, less than one in four will have the savings to do so. According to the 2022 Schroders US Retirement Survey, 22% of people approaching retirement say they’ll have enough money to maintain a comfortable standard of living. The figure is down from 26% the previous year. Overall, there is a general expectation among Americans that their retirement savings will be inadequate. In fact, the majority (56%) expect to have less than $500,000 saved by the time they retire and 36% anticipate having less than ...
Due
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら