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Retirement Planning

How to Pay Off Debt FAST in Your 50s and 60s… from a Woman Who Paid Off $150,000 in 10 Years
6 days ago

How to Pay Off Debt FAST in Your 50s and 60s… from a Woman Who Paid Off $150,000 in 10 Years

When it comes to financial security, Baby Boomers are somewhat of a mystery. On the one hand, we are often called “The richest generation of all time.” On the other …
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How to Negotiate in Everyday Life So You Can Save More and Retire Richer (My Top 6 Tips!)
1 week ago

How to Negotiate in Everyday Life So You Can Save More and Retire Richer (My Top 6 Tips!)

In a previous article, I gave a simple example of how learning how to negotiate could help you to save an additional $44,500 for retirement. In fact, I argued that …
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Save $44,500 More for Retirement by Developing This One Simple Habit
1 week ago

Save $44,500 More for Retirement by Developing This One Simple Habit

Would you like to save $1,000s (or $1,000,000s if you start early enough) more for retirement? It’s actually easier than it sounds… and way more fun than giving up your …
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4 Major Red Flags that Could Spell Trouble with a Financial Planner in the Years Before Retirement
2 months ago

4 Major Red Flags that Could Spell Trouble with a Financial Planner in the Years Before Retirement

When we are in our 20s and 30s, most of us take a pretty random approach to managing our money (or not managing it as the case may be.) But, the older we get, the more we realize that we need unbiased, professional financial advice to prepare for retirement. Read More

Boost Your 401K in Your 50s and 60s with These 4 Simple Tricks
2 months ago

Boost Your 401K in Your 50s and 60s with These 4 Simple Tricks

If you are in your 50s and 60s and haven’t saved enough for retirement, there are 3 short words that will kill all of your future dreams… “It’s too late.” In reality, there is plenty that we can do in the years leading up to retirement to give our 401K a boost. We just need to know where to start! Read More

4 Retirement Crushing Mistakes We Make in Our 50s and 60s and How to Avoid Them
3 months ago

4 Retirement Crushing Mistakes We Make in Our 50s and 60s and How to Avoid Them

When we think about retirement planning mistakes, most of us think of things like “not starting to save young enough,” “taking on too much debt,” “not buying a house,” or “not saving 10%.” What these mistakes have in common is that they are all things that we do (or don’t do!) in our 20s, 30s and 40s. Read More

4 Critical Topics to Raise with Your Financial Planner in the Final Years Before Retirement
3 months ago

4 Critical Topics to Raise with Your Financial Planner in the Final Years Before Retirement

Read any retirement planning book these days and one piece of advice will stand out – start saving early! Well, this is all well and good, but, the truth is that many of us are already in the final years before retirement. The decisions that we made in our 20s and 30s are set in stone. Now, we want to know what we can do to make the most of our money in the years that we have left! Read More

Waiting Until Retirement to Find Your First Consulting Gig is a HUGE Mistake! 4 Ways to Start Early
7 months ago

Waiting Until Retirement to Find Your First Consulting Gig is a HUGE Mistake! 4 Ways to Start Early

In a previous article, I argued that announcing your retirement at work is one of the biggest financial mistakes that you can make. Not only can talking about your retirement result in lower compensation towards the end of your career, but, it can also limit your ability to work as a consultant, either for your ex-employer or one of the companies that you worked with in the past. Read More

3 Massive Reasons Not to Make a Big Deal About Your Upcoming Retirement at Work
7 months ago

3 Massive Reasons Not to Make a Big Deal About Your Upcoming Retirement at Work

How do you picture your retirement party at work? Do you imagine a room filled with champagne, laughter and plenty of stories celebrating your greatness? Or, do you picture half-a-dozen distracted co-workers standing in the break-room drinking $5 prosecco from plastic cups, glancing periodically at their watches as they try to determine whether they have spent enough time to be able to make a polite excuse so that they can get back to watching cat videos or writing emails? Read More

Why You May Live to 120… and 4 Implications for Your Retirement Plan
7 months ago

Why You May Live to 120… and 4 Implications for Your Retirement Plan

One of the most important numbers that we need to consider as we build our retirement plans is our life expectancy. After all, our expectations regarding how long we are going to live influence everything from how aggressive we can be with our investments to when we should start taking Social Security.

The problem is that the way that we look at life expectancy, in my non-professional opinion, is somewhat backward looking and may not fully account for potential developments in biotechnology,  Read More