Average Retirement Savings for Baby Boomers

When it comes to average retirement savings, nearly one-third of baby boomers over the age of 55 neglect their retirement planning, typically socking away less than $10,000. Only 22 percent of retirees have nestled $250,000 or more. When you reach retirement age, around age 50, all the major financial responsibilities should be well behind you.…

Social Security Retirement Age

Many people want to plan for retirement. Those who may receive spouse’s benefits or who have worked want as much information as possible, to make sound decisions on when to retire or stop working. The social security retirement age for full benefits is 67. However, a person can begin receiving benefits at age 62. It’s…

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…