Category Archives: Retire

Could Delaying Retirement Be Great For Your Health?

From NPR News

He’s been at it for 45 years. Wake up before 2 a.m. Turn on the fryer. And have the glazed doughnuts and peanut-topped coffeecakes ready by 6 a.m.

Yup, Michael Doucleff Sr. is a baker and small-business owner in Alton, Ill.

At at age 70, he doesn’t show many signs of slowing down. He’s still working more than 40 hours a week, still carrying 50-pound bags of flour upstairs from the basement.

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The Good News And Bad News About How People Die

From NPR News

There has been a profound — and positive — change since 1990 in how people die around the world, a new study shows. “We’ve made great progress in reducing the risks of maternal and child health, diarrhea, pneumonia, though there’s still more work to be done,” says Dr. Alan Lopez, author of a global analysis of risk factors of death published this week in the journal The Lancet. Since 1990, childhood malnutrition and unsafe water have fallen off the top 10 causes of death around the world.

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Making Retirement Money Last to 103: An Expert’s Plan for Himself

Americans worry about affording retirement, but that doesn’t usually translate into hard-core financial planning. Then there’s David Littell, the 61-year-old director of the retirement income planning program at the American College of Financial Services, a nonprofit that educates financial advisers. If anyone ought to have a well-thought-out plan, it’s this guy.

So we asked him what’s in it.

It’s a little intense—this is one well-prepared pre-retiree, and one who knows his insurance products, since the college’s focus has historically been on educating insurance agents.1  While the challenge of ensuring he won’t outlive his money isn’t unique, his attitude may be. “I find this fun,” he said. A sign of how into this stuff he is? Before a follow-up call, he e-mailed a three-page, 1,500-word, bullet-pointed outline of his thinking.

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Millennials’ Ticket To An Awesome Retirement

It may be hard for someone in their twenties or early thirties to start thinking about retiring, especially when there is so much interesting stuff to check out on Facebook, Instagram, or Twitter; but this is exactly the time that a Millennial should start preparing for retirement if one wants to have the chance to nail retirement without having to save a lot of money each year. Listen up, Millennials (or Generation Y, if you prefer): One Direction may sing “Live While You’re Young”, but if you started saving for retirement while you are young, then you can chill when you’re old.

The foundation of retirement investing is based off the concept of tax deferral. Tax deferral means that you can postpone taxes on any earnings you make on the money in your tax-deferred accounts. That means your money is growing each year without having to remove any funds to pay tax.

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Reboot Your Savings: Identify Specific Retirement Dreams

Retirement savings golden nest egg

If you were offered the choice to go to Paris next week or — for the same amount of money — take a whirlwind tour of 10 European countries 10 years from now, which would you choose?

The future getaway is the better and likely more fulfilling deal — but few of us would be able to resist the draw of strolling along the Seine seven days from now.

Unfortunately, that inability to delay gratification is what’s keeping many of us from building up a healthy nest egg.

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