It’s remarkable how pervasive the relatively recent notion of retirement has become. Retirement as we now know it didn’t exist prior to the 1930s. Social Security was developed and promoted by President Franklin D. Roosevelt and his New Dealers as a way to convince older workers to retire in order to open up jobs for young people during the Great Depression. Since then Social Security benefits have been expanded dramatically. (more…)

Are you the type of person who only pay attention on chasing interest rate in choosing investing vehicle for your retirement plan? You better think again. In investing for your retirement, many novice investors only run after interest rate, but missing the point of inflation and tax. You may not realize, but after you take into after-inflation and after-tax, you might be losing your money. At the end, when you should reap the fruit of your saving on retirement days, you may realize the hard fact that it is not enough. Inflation really taking stroll in your retirement planning goal. (more…)