Category: Retirement

The allure of tax-free appreciation of funds sure is tempting isn’t it? That’s what a Roth IRA brings to the table since you contribute post-tax dollars that can grow (or shrink) absolutely tax free. The allure of a tax deduction and “more” assets to appreciate sure is tempting isn’t it? That’s what a Traditional IRA…

Hello loyal readers of My Retirement Blog. If you’re reading this through an RSS reader, you can skip this post but everyone else should pay careful attention. RSS is called Really Simple Syndication and it can make your web surfing much more efficient if you give it a try. My Retirement Blog publishes an RSS…

Do you know why the experts recommend that young investors should be aggressive while older investors should be more conservative? It comes down to the fact that in the long run the stock market, and investments in general, appreciate but in the short run they can be entirely random and extremely volatile, so if you…

An article in the New York Times on paid volunteerism really opened my eyes to the idea of life after retirement. A lot of retirees, themselves financially set, turn towards volunteerism as a way of passing the time, doing some good, and achieving goals that they’ve set for themselves. One concept that this article introduced…

I really enjoy these slideshows from Money but I almost wish they’d just list everything on one page and not force me to click through each one. In this particular edition, Money highlights thirteen Retirement Myths and I think it’s worth checking out. Here they are in summary: Myth 1: You need a big income…

Smart Money ran a great article last month about the five things you need to look for in a retirement home. The most interesting part about the article is that they warn that you should focus not on the amenities (like a spa, a pool, the bells and whistles) but the core offering of the…

Bankrate ran an article recently called Nine Dumbest Retirement Moves that I think is very appropriate for those of us earlier in the retirement planning process. These are all mistakes one can easily make if they aren’t being particular careful and all are easily avoided as long as one keeps retirement in mind, at the…

When you’re planning your retirement and figuring how much you’ll need each year to continue your current lifestyle, it’s very important to factor in inflation into your equation. The prime example is someone who is 10 years from retirement and trying to calculate how much they’ll need each year to continue their lifestyle. If they…

Chances are you’ve heard of how GM and the United Auto Workers Union reached an agreement a day after the UAW struck and one of the components of that deal was the creation of a Voluntary Employees Beneficiary Association. I’m not sure if this is a benefit to the UAW or GM but both seem…