Wednesday, March 16th, 2011
The most popular states to which professionals choose to retire are Florida and Texas. During the past two decades, 9 percent of all Americans over age 60—some 4.4 million people total—relocated, according to an AARP Aging and Migration report.
“Each state has a different taxing system, so find out what tax benefits individual states offer by contacting the municipal office in the city of your dreams,” advises Steven Gershman, a certified public accountant with KatzAbosch in Timonium, Md. “Do your research before deciding on a state to relocate to.” (more…)
Tags: relocation, RETIREMENT, retirement planning, savings, state taxes
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Friday, December 10th, 2010
It’s one of the cruel facts of life that one person’s crisis can create another’s opportunity. And few people know this better than the educated investors who visit this website and read our editorial products at WEALTH magazine. The December issue of International Living magazine is out with a report on five places in the world where local economic calamities have created real bargains for buyers of second homes and other property. (more…)
Tags: debt, distressed properties, foreign destinations, RETIREMENT, second homes
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Wednesday, September 22nd, 2010
Your initial reaction may be: Retirement? I’m YEARS away from retirement. I don’t have to think about that now.
Think again.
If you’re more than a decade away from retirement, now is the best time to begin preparing. Younger workers, of course, can use the power of compound interest to ensure a smooth financial picture in retirement. (more…)
Tags: debt, financial freedom, goals, interest rates, INVESTING, RETIREMENT, savings, STOCK MARKET, wealth
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Tuesday, September 21st, 2010
Americans are a staggering $6.6 trillion shy of the savings they need for retirement. That’s the figure arrived at by Boston College’s Center for Retirement Research in a report published Monday, Sept. 20, 2010.
To get there, the researchers made an interesting and highly optimistic set of assumptions: All retirees will take out a reverse mortgage. And they’ll put (more…)
Tags: debt, financial freedom, health care, INVESTING, RETIREMENT, retirement planning, reverse mortgage, savings, STOCK MARKET
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Tuesday, August 31st, 2010
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…)
Tags: debt, entrepreneur, expatriate, financial freedom, foreign destinations, foreign visa, health, lifestyle redesign, mortgage, REAL ESTATE, RETIREMENT, retirement planning, savings, wealth
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Tuesday, December 8th, 2009
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…)
Tags: best spots, foreign destinations, quality of life, RETIREMENT
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Tuesday, December 8th, 2009
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…)
Tags: diversify, INVESTING, RETIREMENT
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