I remember speaking with a friend of mine, who was struggling to help his parents with all of their financial affairs. At his wit’s end, he asked me, “Where in the world do you go to figure out this stuff (retirement planning stuff)?” Yes, you can do some google searches, and maybe find a book or two on various topics. But what he was asking for was a step by step process of everything leading up to retirement. Where is…
Category: Retirement Planning
An offer you can’t refuse
I want to tell you a little bit about a Godfather offer that you might be interested in. I’ve called it the Start My Retirement Process.
It is a simple 3 step process that will show you what you need to do to secure a comfortable retirement, without worry, stress, or paying too much in taxes.
Want a 1 Page Financial Plan?
I was at the gym today climbing some stairs (my favorite exercise) with 10 different TV channels (mostly news) all talking about the state of the world in the country. Depending on where you looked, you could get a completely different snapshot of the world, of what’s important and what’s not. The world we live in simply has a lot of noise, and it’s hard to know what to focus on and what to ignore. Sadly, it’s the same way…
Consider these 5 Factors Before Retiring Overseas
Retiring abroad may seem appealing for a variety of reasons. Maybe you’ve always dreamt of living in a foreign land, or lately, the cost of living in the US made you think of looking outside the US boundaries. No matter the reason, you aren’t alone. Over 700,000 Social Security checks are sent abroad, so there are a lot of other people making this same decision. However, before diving in yourself, consider these factors before retiring outside the United States. Look…
Downsizing Homes in Retirement
There’s a lot to consider before you retire, which is why I wrote a book called 65 Questions to Ask and Answer Before you Retire. In it, I go over 65 questions that you at least need to consider before you finally call it quits. Downsizing homes in retirement may be one decision you make to save on expenses, live a more nimble lifestyle, and make your retirement income go further. Before you downsize though, consider these factors to make…
How do you know you’re ready to retire?
How in the world do you determine you’re actually ready to retire? Is it an actual age? Is it a dollar amount? Or is it something else? I personally think it’s a combination of factors, and I went over 5 of them in a recent episode of my podcast. If you want to listen to the full thing, click here: https://open.spotify.com/episode/1iF62oa4T8wAQvCWx1usSU To give you a little preview, here are 5 essential factors I think you should be reviewing and planning…
Top 5 Retirement Planning Mistakes
You work hard for 30+ years hoping to enjoy your retirement. But if you make some of the top retirement planning mistakes, your so-called golden years may not be so golden. Understanding how to plan for retirement and the mistakes to avoid is important if you have your eye on a stress-free, comfortable retirement. Check out the top mistakes most people make and what you should avoid. Not Planning for Taxes A lot of people think that planning for taxes…
How to Know you’re Ready to Retire
How in the world do you determine you’re actually ready to retire? Is it an actual age? I’ve met with some people who feel like once they hit 65, it’s time to retire. For other people, they feel like once they hit a certain dollar amount in their investments, then that’s when it’s time to call it quits. Now neither of those answers is necessarily wrong. In fact, given other circumstances in your life, that age (or dollar amount) may…
Should You Have a Mortgage In Retirement?
As you head into retirement, a lot of focus is rightly on how you will be able to generate an income once your working days are over. However, we can’t neglect your expenses, and one of the biggest and most important expenses is your mortgage. Should you have a mortgage in retirement? When does it make sense to keep it, and when does it make sense to pay it off, potentially early? For a number of reasons, many homeowners aim…
4 Questions to Ask Yourself Before Retiring In a Different State
I speak with a number of people every week who are really close to retirement, and often they are looking to relocate and try someplace new to live. I personally love this idea, as I like to travel quite a bit. However, it’s important to do your due diligence on any new place you move to, especially when you’re about to retire. My newest podcast episode is all about that. I go over 4 Questions to Ask Yourself Before Retiring…