Category: Finances

How to Succeed as an Entrepreneur After You Retire

For many baby boomers, being retired doesn’t necessarily mean never working again. A growing number of retirees are choosing to start their own business. According to the Ewing Marion Kauffman Foundation, a leading researcher on entrepreneurship, more businesses are started by people ages 55 to 64 than by those under 25. While it is often difficult…
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26 Tips for Enjoying Retirement on a Reduced Income

For many retirees, having enough money to enjoy a satisfying retirement is a major concern. Fortunately, enjoying a happy and fulfilling retirement does not necessarily require spending a lot of money. It’s true that the best things in life are free; for others, there are discounts. Here are 26 steps you can take in your…
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7 Reasons Why Retirement Income Formulas May Not Work For You

How much money do you need to retire? This is probably one of the most significant questions facing workers approaching retirement age, and it’s not simple to answer. Some experts will tell you that you will need 80 percent, 85 percent or even 100 percent of your pre-retirement income to live comfortably during retirement. Other…
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Can You Really Save Money by Retiring Overseas? Should You?

Are you facing the prospect of a retirement in which the defining characteristic is financial struggle? Are you concerned that you haven’t saved enough for retirement? The internet is awash with stories and articles about how you can live comfortably overseas for just $1500-2000 a month – which is within range of most couples’ Social…
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34 Tips for Enjoying Life on a Limited Income

Are you concerned about having enough money to enjoy a satisfying retirement? At a more basic level, are you worried about having enough money to survive during retirement? If so, you are not alone. Having enough money is the single biggest concern of most retirees. When new people subscribe to Retire Fabulously!, I ask what…
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12 Retirement Myths – Busted!

People have a lot of misperceptions about retirement.  I’ve heard a lot of them over the years, and I’ve become especially aware of them since I started reading and researching extensively in order to produce content for this web site. Where do these misperceptions come from?  Generally, misperceptions thrive wherever there is a lack of…
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12 Flexible and Fun Ways You Can Work During Retirement

Will working be part of your retirement? Perhaps your answer is not just “no!” but a resounding, “HELL no!!!” It may seem like an oxymoron to see “working” in the same sentence as “retirement.” By definition, isn’t retirement what you do after you stop working? Not necessarily. Retirement comes in many shapes and sizes, and…
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The Simple Secret to Retiring Early – And What’s Stopping You from Doing It

Do you dream of retiring early? If you can make just a few small changes in your day-to-day life, you can. Are you concerned that you won’t have enough money saved to retire at all, or that you won’t be able to enjoy the kind of retirement you would like? If you can make just…
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The Single Most Important Thing You Can Do For Your Future

Back in January, 1980, when I started my first job out of college, I was pretty naïve. I had no idea how to advance my career, navigate office politics, or even dress well. I can laugh now at how clueless I was back then and marvel that somehow things worked out and I enjoyed a…
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“How Much Money Do I Need to Retire?”

This question is usually first and foremost on people’s minds when they contemplate when they can retire and what sort of lifestyle they will be able to enjoy in retirement.  And it’s an important question – but one that’s not simple to answer.  Most important, there are a lot of other questions you need to ask…
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