Financial Advice Blog

Retirement Savings Reality Check Needed Many people are waiting too long to make retirement-related financial decisions Far too many people are waiting until too late in life to make effective retirement decisions, according to two recent studies, one conducted by MetLife, and the other by online investment firm, Scottrade. Sixty-three percent of respondents to a [...]

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We all know that we can’t and should not depend on Social Security as a way to support us in our old age. Retirement planning should begin at a young age and continue throughout our working lives. There are several alternative ways that people can begin socking away money for their retirement and varied avenues [...]

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Pros and Cons of Reverse Mortgage If you have no dependents and are at least 62 years old, you won;t need to avail of your pension fund so early if you bother to think about whether you have non-fluid resources that you can convert into cash. If it so happens that you do, think about [...]

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Getting a mortgage these days, one that fits your financial requirements may be more of a challenge than in previous years due to mortgages being more difficult to obtain since the recession. Picking the right mortgage can often be a very hard decision. Many homeowners feel overwhelmed by the whole situation, which sometimes leads them [...]

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Retirement planning is one thing that requires your full attention. It’s a must to be very cautious when planning on your retirement as a result of this will affect all of your future assets, investments, and liabilities. Listed below are some tips that may help you provide you with foolproof methods to secure your future [...]

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Saving importance Sometimes it can be hard to start saving your money. Often times you will find excuses to spend your money on rather than saving. Too bad we have to save to have a good retirement. Money is important to save for this reason. Small ways to start Starting small is a good way [...]

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In the aftermath of the global financial crisis more and more retirees are looking for a more affordable life overseas.Important factors are a low cost of living, a tax friendly environment and strong retirement packages packed with incentives.If proximity to the US is important (which it is for many) then an obvious place to look [...]

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Retirement should be a great time. One packed full of hope and expectation, and of equal promise as any of the great milestones in our lives. Just as the eighteenth and twenty first birthdays are packed full of excitement and anticipation of impending adulthood, so to the day of ones retiring is loaded with excitement [...]

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In addition to your efforts to increase your earned income, your personal savings rate primarily determines your lifelong financial planning success or failure by continually increasing your net worth. You always should consume as you live at rates that are more likely to guarantee a durable lifetime personal finance plan. Thinking that you are smarter [...]

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As you are making personal finance decisions and retirement planning decisions, individuals must confront the historical fact that, before, conservative investments have yielded significantly reduced financial asset returns than riskier investments have yielded. With risk-adjusted market returns, you simply cannot get high returns with low risk. As an individual shoulders higher risk with investments, you [...]

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