Secure Retirement
Retirement Calculators
When retirement is looming or you’ve already retired you need to know how well your retirement funds will look after you. These calculators will help you work that out. Social Security Benefits Calculator Estimated Monthly Benefit ($): Your Age at Benefit Start: Age When Benefits Stop (e.g., life expectancy): Calculate Close Retirement Withdrawal Calculator Total […]
Unlocking the World of Commodity Trading: A Beginner’s Guide to Success
Commodity trading can seem like an enigmatic realm, especially for beginners eager to explore its potential for financial growth and personal development. This guide aims to demystify the world of commodities, offering insights into starting small with limited funds, understanding essential financial and licensing requirements, and deciding whether to trade with or without a broker. […]
‘You need a budget’ and other bad financial advice
Stuff budgeting, YOLO. But if you don’t know where your money is going how the hell will you ever manage to keep control of it? The answer is, of course, that you won’t. A budget is only one part of money management, the rest of it is down to you and your ability to track […]
Personnel Changes in the Retirement Industry
All industries change personnel on a regular basis it seems. The retirement planning industry is no exception. A distrubing statement from one of those moving house is this:- “Retirement coverage is among the biggest societal problems we have in this country,” Grantz says. “Less than two-thirds of working Americans have access to an employer-sponsored retirement plan, and […]
Does Retirement = Death?
If you thought that you would only live for another 2 years after you retire, what would you do differently now? I’m pretty sure the statistics are different in Australia but apparently in the USA the average life expectancy after retirement is 18 months. For me it has been over 2 years since I retired […]
Retirees: you could boost your passive income with these 3 simple steps.
When you take into account the franked credits available to Australian retirees these steps could make a very big difference to your retirement income, if you have the capital to invest. As with all investments, make sure you understand the ups and downs of the stocks you are investing in. Professional advice is always a […]
3 questions to ask about your super fund
Superannuation has been a hot topic for many years in Australia, our Politicians keep wanting to play with it thinking that too many people are getting too much money in retirement and they should keep more of that money for wasting on useless projects in their own electorates. It’s never a good idea to let […]
2 Tax Breaks Trump Will Get by Moving from New York to Florida, maybe.
This is one example of how the rich get richer by paying less while the poor don’t have the same options and therefore end up paying more. This is really how the rich get richer and the poor get poorer. Poor and middle income people don’t have sufficient resources (usually surplus cash) to take advantage […]
Budgeting In Retirement Makes Your Money Last Longer And Go Further.
I really don’t like budgeting, it always feels like I’m restricting myself and removing the fun. Well, it did until I realised that in reality most properly constructed budgets don’t restrict you much and give you much more money in the long run, which is what we all want deep down. Anyway, here is a […]
Rolling Over Retirement Assets Creates Greater Retirement Income Adequacy
To determine how important rolling over defined contribution (DC) plan assets to an individual retirement account (IRA) or another DC plan at job change versus cashing out is to the current state of retirement income adequacy, the Employee Benefit Research Institute (EBRI) used its Retirement Security Projection Model (RSPM) to compare projected retirement deficits of […]