Michael

The Best Pension Plan for Working Americans

U.S. citizens have a wide range of retirement plans to choose from depending on their needs and income level. Government employees have their own plans while those working in the private sector also have their own pension plan. The following are some of the most popular types of retirement investment plans. Everyone knows about the…

The Do’s and Don’ts of Managing Credit Wisely

Get your credit card debt under control! Why does it matter if you have credit card debt right now, if you’re not planning to retire for another 20, 30, or even 40 years? The answer is simple—if you have credit card debt now, chances are you’re paying interest each month instead of investing that money.…

Transition to Retirement

Retirement may seem a long way off but in reality it comes sooner than expected. To ensure that you are ready for retirement, there are steps you can take that will help such as creating a monthly budget. This will help determine what you can expect to receive in a retirement income. Write down your…

The Top 4 Best Places to Retire In

There are many places that you might want to retire to, and the options are almost literally endless. To help you choose, below we’ve highlighted some of the best places to retire. Portugal And Spain Those who are looking for a place that is known for great weather, as well as great health care and…

Top 3 Mistakes in Retirement Planning

Most often, it is with anxiety and fear that most people think about their retirement. One of the problems they face is creating a balance between the life they want to live upon their retirement and the one they are living now. There are some mistakes that people make with their retirement plans that can…

Choosing the Right Stakeholder Pensions

Stakeholder pensions are cheap, simple and flexible. Most prefer these schemes for their almost-guaranteed performances. The minimum contribution requirements are quite affordable, and one can alter monthly contributions or move to another scheme without incurring penalties. So, how do you go ahead and pick the right stakeholder pension? Read on to find out. Several financial…

How to Write a Congratulatory Retirement Letter

If one of your co-workers, supervisors, relatives or friends is retiring, it is important that you show them appreciation for their years of hard work. The best way to do this is to write them a congratulatory letter of retirement. Before writing this letter, take your time to think about what you are going to…

Where are the Best Retirement Communities?

If you are looking for the best retirement communities, maybe this will help you. Here are some towns that offer a variety of amenities and affordable living. Bella Vista, Arkansas is a good place to retire. It has a population of 27,600. There are a lot of retirees that live there and the homes are…

What is a Defined Benefit Pension Plan?

A defined benefit pension plan is an arrangement where the employer pays their employee a specific benefit for life which starts at their retirement. The amount to be paid is normally declared in advance and is normally based on factors like earnings, years of service and age. Such arrangements are usually devoid of contribution limits.…

Help for Older Americans

Most people dream of a comfortable retirement. But unfortunately, this is not a reality for millions of people. What happens to American citizens who reach old age, are unable to work a job that adequately covers their expenses, and do not have the funds necessary to sustain their existence? Low-income Americans over age 60 have…