Top 4 Tips for Getting Your Finances Ready for Retirement

Dumb Little Man

It might be tempting to continue dumping as much money as possible into your retirement accounts, but it is almost always more efficient to settle your debts first. Entering into retirement with absolutely no debt can be one of the most freeing situations you will ever experience.

Consulteering - A New Approach to Retirement

Small Business Labs

Work a Little, Play a Little: A New Retirement Strategy from the New York Times covers the  growing trend towards people working part-time in retirement.   The article focuses on a retired educator who has put together a portfolio of activities to meet his goal of “balancing a life of leisure with a life of purpose.”. Simply put, many older Americans are not financially prepared for retirement and will need to work.

Trending Sources

Why You Should Keep Working in Retirement

Small Business Labs

There have been several interesting articles over the past couple of weeks on working in retirement and/or working later in life. The consensus of these are those working full or part-time instead of fully retiring are happier, healthier, more engaged and in better financial shape. Some examples: Next Avenue's 4 Traits of the Happiest Retirees  report all 4 happiness traits are related to working during retirement.

How to Prepare for Retirement Emotionally

Dumb Little Man

One thing that I have noticed through my work with people in retirement is that the pull toward both of these aspects becomes even stronger when the days are no longer filled with work obligations. The post How to Prepare for Retirement Emotionally appeared first on Dumb Little Man

Are Men Or Women More Successful At Saving For Retirement?

Dumb Little Man

Do you know who is more successful at saving for retirement ? While that disparity isn’t disappearing anytime soon, advocates for gender equality can look to one area of finance as a sign of the changing tide: retirement-saving.

The Myths About Working in Retirement

Small Business Labs

A good study from Merrill Lynch on working in retirement is nicely covered in the Fast Company article The Real Reasons More People are Working in Retirement.   The study covers in detail what they call the 4 Myths of working in retirement. According to the study summary, these are: Myth 1: Retirement means the end of work. Reality: Over seven in 10 pre-retirees say they want to work in retirement. Myth 2: Retirement is a time of decline.

Retirement

Laughing all the Way to Work

I haven't been posting in awhile as I have been considering retiring the blog. I will continue to write a few articles now and then, but have been spending more time on finalizing another book, giving webinars on minute taking and I would like to expand into other speaking opportunities where I feel my expertise can be used.

Saving For Retirement: 7 Reasons Why You May Have To Delay Contributions

Dumb Little Man

Thinking about retirement can be daunting when you’re wondering how much money you need saved and how you will earn that amount in the first place. Saving for retirement is important and starting while you’re young is best.

5 Simple Hacks To Increase Your Retirement Savings

Dumb Little Man

Are you saving for your retirement? If you haven’t been able to start saving for retirement, you are not alone. The importance of saving for your retirement cannot be overemphasized. Saving for retirement is not optional; it is something that everybody ought to take seriously. If you’re interested to know the best way to save for retirement, below are simple hacks you can try. Simplify your retirement savings by placing it on auto pilot.

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For Retirement, 80 May be the New 65

Small Business Labs

We've long been forecasting and writing about the growing trend of Americans working past traditional retirement age.    But even we're surprised by a Wells Fargo survey showing that 75% of Americans plan to work in their retirement years - and 25 percent saying they'll need to work until at least age 80 because they will not have enough money to retire comfortably.  Baby Boomers retirement

Seven Top Tips for Retirement Planning

Dumb Little Man

Retirement might seem a long way off, but it doesn’t mean that you can’t prepare for it ahead of time. With the right tips for retirement planning, you can take a proactive approach in preparing for your future. Consult an expert on retirement planning.

Time to Retire “Political Correctness”

Daily Writing Tips

The expressions “political correctness” and “politically correct” have gone through so many meanings that it’s no longer possible to know what a speaker means by them. The word correct was used as a verb by Chaucer in the fourteenth century in reference to correcting his writing.

Future Finances: How to Ready Yourself for the Retirement Years

Dumb Little Man

One day you will awake and it will be the first day of your retirement. Your financial future as a retiree depends on honestly assessing your retirement planning now. It is crucial you calculate how much you must save to be ready for retirement.

Most Feel Classic Retirement No Longer Affordable

Small Business Labs

Transamerica  released their 13th annual retirement survey.  They cover a lot of areas related to retirement and their full report does a nice job with the details.   Also, only 19% said they did not plan to work in retirement.

Retirement Made Easy: Tips To Make The Transition Simple

Dumb Little Man

At some point in your life, you may have to retire. To make your transition more simple, here are some of the best retirement planning tips you can try. At your retirement party, network with other coworkers who’ve already retired to see what jobs they’ve taken up. Just because you feel like you have saved enough money does not mean you are already financially prepared for retirement. See Also: Retirement Activities that are Financially Viable.

Why It’s Time to Retire Your Fax Machine and Embrace the Cloud

Small Business CEO

Smartphones, tablets, and laptops are the top tools of choice in today’s business world. And before we know it, we’ll even conduct business on our watches! These technological advancements have made us more mobile, connected, and paper-free than ever.

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Retirement 3.0 Includes Working, But With Lots of Flexibility

Small Business Labs

The Retirement Reset Study  is a joint effort by the Sun Financial Group and Age Wave.    Their key study finding is we are entering a new phase of retirement they call Retirement 3.0, " A big part of this new retirement is the inclusion of work.    Their survey showed 65% Americans aged 55+ plan on working in retirement

Ageism Means More Self-Employed

Small Business Labs

For those looking for a shorter version, the recent New York Times article Of Retirement Age, but Remaining in the Work Force  nicely summarizes the topic. Baby Boomers retirement

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More Americans Plan to Delay Retirement

Small Business Labs

We've written so often for so long about Americans - and especially baby boomers - delaying retirement that I'm honestly getting tired of the topic. Key quote on their findings from an AP article on the study : Some 82 percent of workers 50 and older say it is at least somewhat likely they will work for pay in retirement. And 47 percent of them now expect to retire later than they previously thought — on average nearly three years beyond their estimate when they were 40. 

Boomer Delayed Retirement Top 10 News Round-Up

Small Business Labs

Lots of news these days on baby boomers delaying retirement. The quick summary is boomers are delaying retirement, changing retirement and choosing not to go gently into retirement.

Running a Business in The Present – Planning for The Future

Small Business CEO

It can be hard to look into the future when everything is so busy, but it should be an important consideration for any business owner to contemplate and plan for retirement. … Finance business planning retirement planning

Wealthy Planning on Working in Retirement

Small Business Labs

Self-Employment Data » September 30, 2010 Wealthy Planning on Working in Retirement We've written so often about baby boomers and others working past traditional retirement age that I almost didn't bother with this post.   

The Multstage Life and Self-Employment in the On-Demand Economy

Small Business Labs

Recent research by future of work expert Lynda Gratton  suggests due to longer life spans the traditional life stages - education, work and retirement - no longer work. More interesting is 1/3rd of the people aged 55+ working in the ODE report being retired.

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Non-Mortgage Debt and Working in Retirement

Small Business Labs

Manufacturing » July 01, 2010 Non-Mortgage Debt and Working in Retirement The US News article The Number One Obstacle to Retirement points out that non-mortgage debt is a significant problem for many Americans.    We posted on Tim Berry's un-retirement last week. 

Tim Berry's Baby Boomer Un-Retirement - Part 2

Small Business Labs

Blog powered by TypePad Member since 01/2005 « The Atlantic Monthly on The End of Men | Main | The Female Economy » June 18, 2010 Tim Berrys Baby Boomer Un-Retirement - Part 2 Several years ago (have I really been blogging that long?) I posted on Tim Berry's un-retirement

Benefit Declines Makes Self-Employment More Attractive

Small Business Labs

" The article goes on to list 21 workplace benefits that are going away, with reductions in retirement and health care benefits leading the way.   We've also found employer retirement and health benefits tend to be the most valued - and overvalued - in the evaluation process.    So when corporations cut benefits - and in particular cut health and retirement benefits - they increase the attractiveness of self-employment or starting a business. 

6 Ways How Twentysomethings Can Start to Save

Dumb Little Man

Most retirement advice for young people boils down to this: Start saving, and do it right now. But with Social Securit y vanishing and automation primed to replace many jobs, retiring is going to get increasingly difficult for each generation. Put all raises toward retirement.

What Does Retirement Look Like to You?

On The Job

But as the more experienced, job savvy workers begin to retire, it appears they may not be following the advice they've been so keen on giving younger workers. Specifically, many of those facing retirement don't have the foggiest idea what they're going to do when they're not working. They have not set any goals for retirement, or made any strategic moves. OK, there's the first six months or year of retirement. Setting a specific date for retirement.

Over Half of Baby Boomers Plan to Work Past Traditional Retirement Age

Small Business Labs

  A major reason given for planning to work past traditional retirement age is the impact of the recent recession. 

Admin in the Spotlight:Is Retirement in the Air?

Laughing all the Way to Work

Here’s a retirement notice for a long-time administrative assistant, Judy Leonard, retiring after 30 years in the same job. Tags: retirement 30 years of service professional assistant long-time service Administrative Assistant

Encore Career Study Findings - More Encore Small Businesses

Small Business Labs

Their primary target market is aging baby boomers and their goal is help this group transition to social service work as they enter the traditional retirement years.   - The average age the survey respondents plan to retire is close to 70. The average expected retirement age for those already in encore careers is 73. retirement self-employment trends

Happy Retirement to someone who gave me a chance.

Laughing all the Way to Work

A few days ago I went to this man’s retirement party and there were a lot of nice things said about him. Thank you Mr. B for taking me on and I wish you all the very best in your retirement. Tags: taking a chance retirement mentor professional assistant legal assistant Administrative Assistant

Record Number of Americans Working Past 65

Small Business Labs

Bloomberg's I'll Never Retire covers the trend towards people working past the traditional retirement age - or at least the recent traditional retirement age.

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How To Change Careers Without Losing Your Mind

Dumb Little Man

You’re still too young to retire though. You hate your job. The economic outlook in your field is grim. You’ve moved and there are no openings in your area of expertise.

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3 Important Steps toward Living the Dream

Dumb Little Man

Most people think living the dream is getting a great education, landing a job with security and benefits, buying a beautiful home, raising a family, then retiring with a large 401K and traveling. “It takes a lot of courage to release the familiar and seemingly secure, to embrace the new.

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Why People Choose Self-Employment

Small Business Labs

TD Ameritrade did a study late last year on retirement savings and the self-employed.  One of the questions they asked was why people chose self-employment over traditional employment.

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Somewhere between “Everything is Awesome” and “Glory”

Loosely Speaking

” And it shouldn’t have … Continue reading → Retirement adjusting to retirement depression Everything is Awesome Glory older people with depressionDuring our 2015 Oscar party, my DDIL and I both infamously voted for the “Lego Movie” as the winner in the best song category. No matter that I didn’t know that song because I forgot to watch “Lego.”

5 Divorce Mistakes to Avoid Right Now

Dumb Little Man

Guidance counselors and academic advisers in school harped on planning and envisioning our future, while financial advisors preach about planning for retirement. Although feeling overwhelmed and confused during divorce is normal, remember to avoid the egregious divorce mistakes.

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Wind Girl and Building a Better Clothespin

Loosely Speaking

So, to celebrate Earth Day 2015 I finished my … Continue reading → Creativity Family Life Retirement Classic American Clothespins Herrick Kimball Wind Girl Windy

Reward Your Toil

Loosely Speaking

… Continue reading → Prescott Arizona Retirement acreage landscape manual laborAll I can say is, Prescott gives Chicago a run for the money in the moniker “The Windy City.”