To live the rich life expresses a goal for most of us, but unfortunately it has become an elusive dream for many modern-day retirees.

Today’s retirement living involves more than just leaving a job; it’s the beginning of a new chapter of life. Many baby boomers have hit their retirement target age and are eager to say goodbye to the employment ball and chain and hello to leisurely pursuits of travel and recreation. Others have been forced into early retirement by business restructuring and budget cuts but are none too optimistic about reemployment prospects. More…

If you are investing in an Individual Retirement Account, financial advisors say it may be time to convert your traditional IRA to a Roth IRA. The key difference between the two is that income you contribute to a Roth IRA is not tax-deferrable. Withdrawals from a Roth IRA are tax-free if the account has been open five years, so Roth accounts must be better, right? Not necessarily. More…

With the Great Recession still lingering, many people face difficulties in managing their cash flow, assets and debts. Planning for retirement has gotten a lot more complicated in the last two years for millions who have lost jobs and/or seen the value of their homes and retirement accounts dwindle. Some who a short time ago thought their Golden Years appeared rock solid now face the possibility of outliving their money. For many, these worries are profound, and they are very real. More…

After years in the work force filled with stress and 80-hour work weeks, retirement can be a long-overdue blessing. It’s time for you to settle down and enjoy the golden years of your life, and one of the most important decisions to make about retirement is where to live. More…

If you are concerned about having the ability to retire as early as you had previously intended, you’re not alone. Many people planning for retirement have seen their savings shrink during the past decade.

With retirement confidence at an all-time low, according to recent surveys conducted by the Employee Benefit Research Institute, many Americans now plan to work until a much later age. More…

Providing the financial security of a retirement plan is an excellent way to attract and keep valuable employees. With the threatened state of Medicare and Social Security, workers are looking for employers that are concerned enough about their well-being to offer a plan for their future needs. Many businesses are meeting those needs by offering defined-contribution retirement plans such as a 401(k). More…

 Planning for your retirement has never been more important. It is a simple truth that today’s workers will be forced to rely on their own retirement resources far more than previous generations.

One study conducted for Oppenheimer Management found that almost half of all American households have no pension coverage whatsoever. At the same time, many companies are downsizing or closing altogether, forcing many workers into early retirement. More…