Retirement accounts are touted as the greatest thing to have for security once you stop working. Since many of them are guaranteed, or at least provide relatively stable returns, the money is guaranteed to be there when you need it. Unfortunately they all aren’t created equal, and many times you’re not getting what you think. Part of this has to do with our fixation on fixed … [Read more...] about Take Control of Your Retirement
Retirement
Living longer than your savings
One of the greatest impacts inflation has had on the world is the security that your retirement funds are sufficient for your lifetime. Most people who have been saving for their retirement for a period of time have approximately $1 million in bonds as they are considered the more secure investment opportunity when compared to the stock market. Unfortunately with inflation … [Read more...] about Living longer than your savings
Five facts on saving for retirement
A recent survey held by CNN shows that less than half of the population in America is saving for their retirement, these are scary facts and could be associated with any other country in the world. There are a lot of people who believe that they cannot afford to save towards their retirement, especially because they are currently battling to make ends meet as it is. There … [Read more...] about Five facts on saving for retirement
Caring for your future
A survey was recently conducted by NS&I who revealed that more than half of the British population is not prepared financially for their old age. Although the survey also revealed that a lot of Britons are concerned about their old age and how they are going to cope financially, they do not know what steps to take to ensure that they have money available to them. Even … [Read more...] about Caring for your future
Changes in retirement dreams
We all have our dreams of what we want to do when we retire, visuals of us sitting with our partners on a porch watching as the grandchildren canter around the garden in glee, or elongated holidays where nothing is a worry. These dreams have not changed, yet there are many more people who are worrying about their lifestyle and their ability to survive after retirement today … [Read more...] about Changes in retirement dreams