There are two primary factors that affect how long your money will last and how much money do you need to retire. One is inflation, and the other is taxes. Both of these factors are a certainty you can’t ignore.

Inflation means your retirement dollars will buy less, so you’ll need more retirement dollars just to stay even. For example, let’s say you’ve got a fixed retirement income of $25,000 a year. Inflation will eat into the buying power of that money in short order. Fixed income leaves you in a fix when it comes to inflation. You’ll need to grow your retirement income just to keep pace with the ravages of inflation. Certainly, you need better retirement income strategies to cope with inflation and taxes. Table below shows annual inflation for the past 25 years. (more…)

The first thing to be successful in filling retirement time is people recognize is that leisure time in retirement does not mean inactivity. Leisure is not idleness, although some time is set aside for total relaxation and meditation. Leisure, in a practical sense, is being able to choose among a variety of pleasures, such as those enjoyable exciting activities. (more…)

If you, like many Americans today, are longing to leave the rat race and retire from your job, but don’t feel that you can yet afford to do so, this third and final article in a series on “Redefining Retirement”, discusses one of the most critical success factors in starting and building a successful home-based business as a baby boomer entrepreneur or retiring baby boomers: Time Management. (more…)

The main property types that attract pension funds to invest are office property, commercial, and industrial. Pension Fund Investments do not tend to invest in residential property. Big Funds Company prefers direct property investment; whereas small funds prefer indirect investment through exempt property unit trusts (like the Pension Fund Property Unit Trust).

The main targets of direct property investment are the attainment of a safe rental income and an increment of capital value. (more…)

Life shifts after we retired. This is the time for someone to be free from necessities to go working for living, raising family, and some activities that we dislike to do. But this is can be also a time of boredom, uselessness, and slowing your life’s pace. Either way, the way we feel or behave after we retire is much more depend on what retirement activities and hobbies we want to do on that particular time. (more…)