Category: Planning

7 Steps You Can Take to Avoid Becoming an Elder Orphan

The number of senior citizens who are single, isolated, and who lack a support system to help them deal with health issues and day-to-day living activities has been increasing, prompting the geriatric care industry to coin the term “Elder Orphan.” Many factors contribute to the increase in Elder Orphans. People are living longer. Marriage rates…
Read more

Experienced Retirees Share Valuable Advice for a Better Retirement

The internet is awash with advice from retirement planning experts. Interestingly, many people who write retirement advice haven’t retired yet or are relatively recent retirees (like me). Plus, much of the advice you read comes from financial planners. That’s important, of course, but as you know, there’s more to a happy retirement than simply saving…
Read more

18 Questions to Ask Yourself and Your Spouse Before You Retire

After you retire, your daily life will change in more ways that you probably imagine. There are many changes you won’t realize until you experience them, but forming a clearer picture of your values and how you want to live your life after you retire will help you make better plans and adapt more easily…
Read more

8 Retirement Myths Debunked

[Editor’s note: A lengthier version of this article appears here.] During your working years, you may have rarely thought about your retirement. When you did, you probably had only a vague, general notion of what your retirement would be like. For many years your retirement probably seemed so far off that you could easily postpone…
Read more

5 Reasons to Plan Retirement Activities Before Leaving Your Job

If you’re still five, ten, or even twenty years away from retiring, then what you will do after you retire might be the farthest thing from your mind. You’re busy and have your career to focus on. If you still have kids at home, it’s all you can do to keep track of all their…
Read more

5 Steps to Accomplishing the Things on Your Bucket List

Do you have a bucket list? Hopefully, you have envisioned your retirement as a time to try new things, travel to places you have always wanted to go, and do the things you didn’t have time for during your working years. But will you actually get around to doing any of those things on your…
Read more

12 Questions You Need to Answer Before Retiring Overseas

If you have traveled internationally, you have probably visited charming, exciting places and thought about how great it would be to retire there. You may be motivated to stretch your retirement dollars in a place with lower cost of living and cheaper health care. Maybe you want to enjoy your leisure years in a locale…
Read more

How to Plan and Execute a Memorable Retirement Party

[Editor’s note: A lengthier version of this article is available here.] One of the nicest rites of passage when someone wraps up their working career and transitions to retirement is the retirement party. If you have been given the opportunity to help plan a retirement party, here are some suggestions to create a send-off that…
Read more

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…
Read more

How to Make Your Travel Dreams Come True

Do you have a bucket list? Is your bucket list just a vague, ever-changing set of ideas in your head, or do you actually have yours written down? As you look forward to all the things you might do to make your retirement fun and memorable, actually writing a list of things you want to…
Read more