Retirement Planning Changed: What You Must Know…

A watershed event changed the world of retirement planning in the last two decades. Did you see it? Do you know what it is? You need to understand what happened and what it means so that you can secure your financial future despite all the change….

12 Retirement Planning Mistakes You Must Avoid

You may believe your retirement plan is on track with 401(k)s and IRAs but that is not necessarily true. Experts estimate that more than 90% of retirement plan participants will either retire in poverty or run out of money before death. Yes, it is a shocking statistic… but likely true. Learn the 12 most important retirement planning mistakes you must avoid to make sure you don’t become part of this statistic…

Is It Safe To Withdraw 4% From Retirement Savings?

How much can you withdraw from retirement savings each year without jeopardizing your financial security? Conversely, how much money do you need to retire so that you can afford your current level of spending? In this post I overturn the conventional rules of thumb and offer you another viewpoint…

Retirement Savings Statistics Get Uglier

Are you on track for retirement? Most people aren’t (unfortunately) and these retirement savings statistics prove it. According to the Employee Benefit Research Institute as cited in the September 2009 issue of “Financial Planning” magazine, a tremendous loss of wealth from the market downturn in 2008 has made a difficult retirement planning situation far worse. Here are some of the surprising numbers…

New Retirement Calculators And Financial Calculators

A quick note to let you know I just added 21 retirement calculators and financial calculators to the FinancialMentor.Com web site. While each calculator performs its own unique function, there are some you may find particularly interesting…

Retirement Savings Statistics Are Ugly

I’m always amazed when I see the retirement savings statistics. It’s a scary picture. A recent newsletter from professor Robert Shiller (Yale University and “Irrational Exuberance” infamy) provided some amazing stats showing a fast approaching disaster in retirement planning and what you must do to not be part of the problem…

What To Do Before Retiring

Traditional retirement planning has it all backwards. You know the drill. You meet with your broker or financial advisor and plan your retirement savings so that you have enough funds – as if that is the only thing that mattered. In this new article I explain the five essential questions for pre-retirement planning so that the emphasis is on your fulfillment and happiness – not just your savings account. There are creative ways to plug the gaps in retirement savings without sacrificing fulfillment when you follow this process…

How Much Do I Need To Retire?

Would you like to learn how much it really takes to retire? The answer may surprise you. In this new Special Report I give you an inside look behind retirement calculators and the dangerous assumptions they require. You will learn how to calculate your “magic number” for retirement planning and why it is a myth. You will learn how much savings is really required, little known strategies for reducing your savings burden, and much, much more…

How To Catch-Up On Retirement Savings Part 2

In the second of our two-part series teaching how to “Catch-Up on Retirement Savings For Late-Starters” we go beyond conventional wisdom to explore non-traditional approaches to saving money for retirement. Specifically, we examine the leverage aspects of “direct ownership” assets, the compound effect of investment expense control, the dramatic reduction in savings required by redefining retirement, and much more…

27 Ways To Catch-Up On Retirement Savings

Announcing part one of my newly released guide teaching you how to catch-up on saving money for retirement when you are behind. In the first portion of this two part series I show you 19 of 27 possible strategies to tame the retirement savings beast. It includes 9 strategies to boost savings by reducing expenses, 6 strategies to convert non-producing assets into investment savings, 4 strategies to get your boss and Uncle Sam to fund your retirement, and much, much more…