Preparing for Retirement take Training

If you need a little help getting reading for retirement, here’s an article that discusses a boot camp to help you get ready.
The NYTimes mentions that the camp is “aimed at making sure their investment clients who are contemplating retirement know exactly what they’re getting into.”

Social Security Under Fire

We’ve been warned now for many years that when the Baby Boomers begin to retire the Social Security system would soon begin to bend and sway under the avalanche of new retirees. Well, that day has just arrived. The very first official baby boomer as just applied for Social Security and the press is [...]

Retire Early?

I recently discussed the idea of whether it’s better to retire early or work later. I think this is ultimately a pretty personal decision and there won’t really be a right answer. Everyone wants different things and certainly looks at work and retirement from a different point of view. That said, there a great [...]

Retire Early or Work Later?

Once upon a time, retirement was a fairly straightforward proposition. You landed a good job sometime in your 20s or 30s, worked your butt off for the same company for 30 or 40 years, then retired at age 65 with a nice pension and a comfortable Social Security check. Well, needless to say, those days [...]

Why Financial Planning Is Necessary

With all the changes happening today in the finance world, it is absolutely imperative that you get your financial house in order. This includes coming up with a solid and well-thought out financial plan. We have previously discussed assessing your risk profile as well as making a recession proof portfolio. These [...]

Writing A Will

Writing a will is one of the most important things you will ever do. Yet, most people often fail to realize the importance of writing a will or ignore writing a will altogether. This is a big mistake.
A will is a legal document which, after you die, determines who will get your property, who will [...]

Retirement & Leisure Living: Historic New Kent County Virginia

Imagine New Kent County, Virginia, a quiet rural area located between Richmond and Williamsburg Virginia, as a place for retirement.

Stock Market Retirement Investment Plan

For a successful retirement investment plan to work in the stock market, some ‘reasonably sure’ assumptions would have to be made:
The retirement investment plan must take into consideration the one prevailing constant in any stock market security – risk and uncertainty. Understanding that risk and uncertainty are the key factors that propels the return on [...]

Relocating for Retirement? Which Realtor Can Help You?

I am a native of Tidewater Virginia, which encompasses counties and towns in the Chesapeake Bay area from Virginia Beach, to Hampton, Newport News, Williamsburg and New Kent County. Even before I entered the real estate profession I watched the real estate market change and evolve over many decades. The Tidewater area, which includes Greater [...]

Retirement Is A Scary Proposition If You’re Without A Plan, And Running Out Of Time

Of the 75 million baby boomers nearing retirement today, many are debt ridden, severely unprepared for retirement, under funded and without a strategy. This is a very serious problem in a country that we can all remember used to assure most people of a retirement where you are taken care of financially.
We all know that [...]

The Main Goals A Financial Plan Should Accomplish

This article is going to briefly touch on the main things a financial plan should accomplish. You don’t need a professional to help you draw up your own financial plan, but you might need professional advice and help to put some of your plans into action.

Personal Financial Planning – Choosing An Estate Planner

Beware of estate planners charging little or nothing to draft your estate plan. They are likely earning a commission on the investment products they recommend – which could compromise the objectivity of their advice. And note that competent estate planners should offer a holistic approach to estate planning. That is, an objective and skillful adviser [...]

The Estate Planning Process

How do I begin? Start by making a list of those you wish to remember in your Will. You will want to provide for your dependants first, but here is your chance to be creative. You can give a meaningful item to a favourite relative, honour a friend or arrange gifts to organizations and charities [...]

Thinking About Early Retirement? 10-Minute Quiz Determines Your Readiness

(ARA) – If you’ve delayed planning for retirement because it makes you feel a) old or b) financially inept, think again. With a little foresight, you could be out there enjoying life like other people — maybe even before you reach the so-called “retirement age.”

Can’t Afford To Retire Until 7 Years After You

Most people think that’s all retirement is about — having enough money to sit on the deck, play golf, and visit the grandkids. But that’s the old model — not today’s retirement. I believe you can revolutionize your retirement even if you can’t count on 80% of your current revenue when you stop working. (That’s [...]