Retirement planning

Retirement Strategies From a Local Pro

Submitted on Sat, 11/05/2016 - 9:49 am

Based on over 40 years of experience, these are guidelines that a retirement expert uses for his own planning. Some key takeaways:

  • Work until 70, but not necessarily at the same job.
  • Develop sources of retirement income.
  • Control living expenses.
  • Take care of health.
  • Protect against catastrophic health conditions.
  • Stay socially engaged.

More Than Half of Americans at Risk of Not Covering Essential Expenses in Retirement

Submitted on Wed, 12/04/2013 - 12:00 am

Fidelity’s latest research reveals many Americans are behind on retirement preparedness, with 55 percent in fair or poor condition. The report also provides a list of six ways to accelerate savings to catch up and be better prepared.

At 77 He Prepares Burgers Earning in Week His Former Hourly Wage

Submitted on Mon, 09/23/2013 - 12:00 am

It seems like another life. At the height of his corporate career, Tom Palome was pulling in a salary in the low six-figures and flying first class on business trips to Europe. Today, the 77-year-old former vice president of marketing for Oral-B juggles two part-time jobs: one as a $10-an-hour food demonstrator at Sam’s Club, the other flipping burgers and serving drinks at a golf club grill for slightly more than minimum wage.

5 must do's before retirement

Submitted on Mon, 09/16/2013 - 12:00 am

Retirement today is not the same as it was for our parent’s generation. The generation today does not want to fade away into woodwork. They want to live a full life after retirement. They want to maintain an active lifestyle and not be dependent on their children. Hence retirement planning takes on a very important role...