a new model for aging
Millions of Americans each year are entering into a dramatically different phase of their financial lives. As they transition from full-time work into retirement, they are moving from "accumulation" - building wealth through savings in their working years - to "distribution," drawing on savings for income they can rely on for the rest of their lives. Those life savings will also be a source for … [Read more...]
Social Security Retirement Benefits are critical to retirement income planning, in fact, when to elect Social Security may be the most important decision of your retirement. This one decision can impact your retirement by tens of thousands of dollars! Read Part 1 of The Truth About Your Social Security Retirement Benefits Social Security Retirement Benefits were NOT designed to replace … [Read more...]
Social Security Retirement Benefits are critical to retirement income planning, in fact, when to elect Social Security may be the most important decision of your retirement. This one decision can impact your retirement by tens of thousands of dollars! By Dano W. LoPresti, CFP®, ChFC®, AIF® Social Security is always a hot button topic during the political campaigns, and for good reason. A … [Read more...]
The financial industry has traditionally focused on retirement income to evaluate the probability of one not outliving their money. As the economy stalled with many baby boomers reach retirement age with less than an ideal retirement savings. The focus has shifted to calculating and controlling retirement spending. The first question is do you have a spending budget? Do you know how much money … [Read more...]
As I’ve watched clients, family and friends face a new retirement landscape, I think starting a business is a viable option for many. It can provide extra retirement income, and who doesn’t need that in today’s world. It also can take a pastime to a new level, provide challenge, meaning and a way to stay connected. I do have a fear about advocating for entrepreneurship. My husband and I … [Read more...]
Are you interested in starting a retirement business? What kind of business are you interested in having? Don’t know? Expert Stan Spector is passionate about helping retirement age baby boomers start businesses to help bridge the shortfall in retirement income. As a mergers and acquisitions specialist, he works with family owned businesses, so he has years of experience. In Mini Businesses … [Read more...]
A brief review of franchise business opportunity articles for the retiree interested in starting a business. As baby boomers reach retirement age, they are going to look for ways to augment their retirement income. Starting a business is a great way to stay engaged, connected and earn extra income, as well as take advantage of certain tax benefits. Retirement Life Matters wants to help you … [Read more...]