Taking the time to give your 401(k) an annual check-up now, while benefits are top-of-mind, can help put you on course for a healthier retirement.
You already know that it's very important to have a financial plan. But if you can't stand the thought of working with numbers you might be reluctant to put your strategy together. That's a quandary you don't want to be stuck in. The good news is that the solution is far simpler than you imagine.
When Jack Stewart graduated from culinary school in Toronto, he didn't anticipate living his dream life in the colonial city of León, Nicaragua.
You won't find the huge resorts of other Caribbean destinations in Bocas del Toro, Panama... just an easygoing, water-lover's paradise, where snorkeling, island-hopping, and beach-combing are the order of the day. This is the Caribbean as it should be -- clean, white-sand beaches; the freshest fruits and seafood; colorful wildlife; and smiling, laid-back locals.
When it comes to retiring young and retiring overseas, you can't really expect a little help from your friends. Declare that you intend to retire young and/or move abroad, and your existing world will oppose you.
Have you heard about folks who hike the Appalachian Trail for 2,200 miles, end to end? Imagine if 61% of them ventured forth with no compass, no idea how long the trip would take, how much food they'd need and a single pair of sneakers
Inside your workplace retirement plan, you may find several "treats" designed to help you meet your savings goals. But watch out. There may be a few "tricks" to avoid so you're not haunted in retirement.
When he was 35, Colin Brownlee had an epiphany -- a life-changing moment. He was staying at a small hotel on the beach, on Hawaii's Big Island. The landscaping was lush and tropical, there were hammocks slung between palm trees.
Since easing out of my position as Executive Director of a nonprofit organization, I have been extremely reluctant to apply the term 'retirement' to my new life status. I am one of those people who found the end of my full-time work life rushing toward me, rather than me rushing to embrace it.
On Wednesday, all Congress did was flip over the hourglass on a game of chicken that cost our economy $24 billion and left America's future up in the air -- and, by doing so, may cause some of our hard-earned retirement savings to disappear into it.
As a post-50 job-seeker, your best bet to land an interview -- and ultimately the job -- is through people you know, i.e. networking. Nevertheless, your resume still needs to be top-notch; your contacts will generally recommend you by providing perspective employers with a copy of this vital document.
The unfortunate reality is that retirees who also happen to be gay face an additional challenge when trying to identify the best place in the world to retire overseas, for parts of the world are much more gay-friendly than others and, some places, being gay is simply not allowed; it's illegal.
Halloween offers some valuable lessons for your retirement planning. Just as most children await Halloween with glee, many working adults have the same excitement about their retirement day.
The editors of Live and Invest Overseas have named the 10 most romantic places on earth for retirement living. Retire to one of these beautiful, historic, charming, colorful spots, and your heart will sing, your imagination soar...
Ambergris Caye is Belize's top tourist destination. And it's easy to see why. Turquoise waters, swaying palms... And the longest barrier reef in this hemisphere. The reef system is home to an underwater sinkhole called the Great Blue Hole, and to hundreds of other idyllic islands, snorkel and dive locations. And Ambergris Caye is the jumping off point to it all.
How much money is "enough" to retire on? There's no answer to that question, but I suspect that whatever you have for retirement could be enough -- if you're up for changing your lifestyle.