marynikko
MNikko
marynikko

You should not use your retirement funds for non-retirement needs unless it is an emergency and you have no other way to get the money you need. You should not purchase expensive items, pay for your children’s college or other costs unless your retirement nest egg is fully funded and secure. The closer you are to

How much you will need for retirement will depend on the lifestyle you plan to lead once retired. Will you travel? take up expensive hobbies? downsize? live frugally? relocate? It is also important to stay healthy in retirement. First because you will be better able to enjoy life and second, medical costs will most

There are many websites that offer retirement information. one of the most comprehensive is Retirement And Good Living. The site provides information on finances, health, aging, housing, travel, volunteering and more. And it has a great blog with posts by guest from around the globe.

The key is to start saving/investing early in life and be consistent (save with every paycheck). Taking advantage of a matching 401k plan should be a no brainer. The power of compounding is lost on many people. Also maxing out contributions when possible, eliminating debt, avoiding risks with your nest egg, planning

The key to a successful retirement (early or not) is to prepare for the lifestyle you want to live and the funds required to support that lifestyle and to remain physically, mentally and socially active once retired. If work is your life you should get involved in other things before retirement (hobbies, volunteering,

The key to a successful retirement is to prepare for the lifestyle you want to live and the funds required to support that lifestyle and to remain physically, mentally and socially active once retired. If work is your life you should get involved in other things before retirement (hobbies, volunteering, travel, etc.)

The site Retirement And Good Living also has a list of the top retirement locations in the US and overseas. The blog on the site has many guest posts by retirees about moving and retiring to various locations in the US, Central and South America, Asia, Europe and the Caribbean. Very good first hand experiences.

The best chance of a successful retirement is to plan for it. Plan for the lifestyle you want to lead and start saving/investing with your first job and do it with every paycheck. In addition develop interests outside of work (hobbies, volunteering, travel, etc.) and work at being physically, socially and mentally

How much you will need for retirement will depend on the lifestyle you plan to lead once retired. Will you travel? take up expensive hobbies? downsize? live frugally? relocate? It is also important to stay healthy in retirement. First because you will be better able to enjoy life and second, medical costs will most

The key is to start saving/investing early in life and be consistent (save with every paycheck). Taking advantage of a matching 401k plan should be a no brainer. The power of compounding is lost on many people. Also maxing out contributions when possible, eliminating debt, avoiding risks with your nest egg, planning