If you are looking for the answer to how much money to retire… you are asking the wrong question. It should be how much longer can I afford to wait before retiring. The longer you wait to retire the less time you will be retired. That should be a given.

Something the dollars and sense approach to early retirement planning fails to take into consideration is the fact that as (more…)

Almost all people don’t really know what excessive spending may hurt them in the long run. When they are closer to retirement, they get much smarter about what things really cost them. For this “born again” financial savvy person, cost is not just the some amount of money being paid for buying things, or even any associated interest costs. The cost is really in lost of potential savings that could have been compounded into very meaningful numbers needed in retirement (more…)

If you are asking yourself, how much to retire? You are asking yourself the wrong question. It should be how bad do I want to retire?

It is 2009 and 401K’s have turned into 201K’s…or worse. It is especially cruel to the baby boomers that have saved and saved only to see many years of steady gains disappear in their portfolios.

There is hope to still go ahead and retire if you are willing to examine some alternatives to “normal” retirement. (more…)

Planning for retirement can be boiled down to 2 part simple equation: it is all about managing income (inflows) during your working or earning days and managing expenses (outflows) during your retirement days. Different people will have different opinion regarding retirement, that’s natural. But rather than a static state, retirement is a dynamical state, changing with life events, financial events, and even your own education as you learn more about concepts and products. (more…)

While retirement might seem like a long way off for someone, ready or not, eventually it will be right around the corner. With a firmer fix on where your money is going and how much of it might be diverted to savings, you can get serious about building your saving for retirement nest egg. Once you are willing to make small sacrifice, and stick to your retirement financial planning, everything is under way and you are better at it. Your goal now is to live not only within your means but be persistent to save for retirement. Here are 9 (more…)

Successful retirement savings plan is something that anyone can give a try, even if you think your budget is left you behind, don’t be despair. Regardless of the amount of money you are currently have by the end of the month, a retirement savings plan is something that is essential to every person and really needs to be developed. You can be successful in accumulation your retirement saving by treating it as a regular monthly expense. (more…)