While most people do short term consumption smoothing, you really need it for your future financial security.
The post What is Consumption Smoothing? And, Why Is It Important if You Want Long Term Financial Stability? appeared first on NewRetirement.
The best retirement investments depend entirely on you and your goals. Here are 18 great opportunities for you to consider. Read now!
The post The Best Investments to Achieve Your Retirement Goals appeared first on NewRetirement.
Uneasy about watching that retirement nest egg get smaller month after month? Don’t worry. Use these 9 tips to overcome your fear of retirement spending.
The post 9 Ways to Overcome the Terror of Spending Your Retirement Savings appeared first on NewRetirement.
, About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page Index Funds Have Officially Won , Ep 344 Posted by Benjamin Brandt Podcast 0 Do you have index funds in your portfolio Chances are you do Our retirement headline today describes the rise of index funds over active funds and why thatâ s . important Outline of This Episode 1:22 Index funds have grown exponentially over the years 2:23 What are index funds 5:58 How index funds fit into my investment philosophy 10:04 Will my estimated Social Security benefit decrease if I retire before full retirement age What are index funds Jack Vogel and Vanguard introduced the first publicly available index fund in 1976 and despite
I recently reviewed the concept of retirement calculator fidelity. Retirement calculators vary considerably. They range from simple tools with a few inputs and outputs to advanced tools on par with professional financial planning software. As different as these tools are, they have one thing in common. Almost every retirement calculator gives you a measure of...
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FIRE can be daunting when you’re starting out. When you’re young, you want to enjoy life and have fun. Saving for retirement is important, but it looks like a distant ... Read more
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There are a lot of potential Roth IRA mistakes to be made: 1) Not doing it, 2) Not knowing the rules, 3) Timing, 4) Poor planning, 5) Overlooking spouse... and more!
The post 15 Common Roth Conversion and Savings Mistakes People Make appeared first on NewRetirement.
Being prepared for retirement means a lot more than having adequate savings. Here are 7 questions to ask yourself.
The post Secure the the Life You Want: 7 Questions To Ask Before Retirement (It’s Not Just About Savings) appeared first on NewRetirement.
Is your long-term financial goal all about your money? You are missing the point. Learn to consider your why, what's important to you.
The post What’s Your Why? How to Set Life Goals and Create a Financial Plan for Achieving Them appeared first on NewRetirement.
Here is an important retirement planning tip — most members can create their own pension estimate in minutes using Retirement Online. Your estimate will be based on the most up-to-date account information we have on file for you. You can enter different retirement dates to see how those choices would affect your benefit. When you’re done, you […]
Anti-debt guru Dave Ramsey is the introductory point to personal finance for many people. His one size fits all rules provide the simplicity needed to dig themselves out of debt. His recommendation to completely avoid credit can be a reasonable approach until you learn to use it responsibly. Most of us can use credit responsibly...
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, About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page The 529 to Roth IRA Rollover , Ep 343Â Posted by Benjamin Brandt Podcast 0 Recent legislation has made everyoneâ s favorite college savings plan a little more flexible . Funds in a 529 plan arenâ t as locked up as they used to be now that your childrenâ s unused college funds can be rolled into a retirement . account In this episode , weâ ll discuss an article from the White Coat Investor which explores how the 529 can be rolled into a retirement account . Weâ ll discover the benefits and drawbacks of using a 529 to save for retirement . Listen in to hear whether the 529 rollover could help you in your .
What’s the surest way to become a millionaire? I can tell you right now – max out your 401k contribution every year. It will take a while, but I guarantee ... Read more
The post What if You Always Maxed Out Your 401k? appeared first on Retire by 40.
Take a look at 10 things to do now for a financial “spring cleaning.” Ensure your financial plan is on track for the new season.
The post Financial Spring Cleaning: 10 Ways to Spruce Up Your Finances appeared first on NewRetirement.
If you're wondering whether retiring at 62 (or earlier) is the right thing to do, click here for 12 reasons why you really should go for it.
The post 12 Reasons to Retire Early: Why You Should Retire at 62 (or Before) appeared first on NewRetirement.
April is National Financial Literacy Month, a time dedicated to helping people make informed financial decisions and manage money effectively. Financial literacy means understanding and using skills such as budgeting, investing and managing your personal finances. Greater financial literacy generally translates into greater financial well-being, according to a recent report from the TIAA Institute-GFLEC […]For those of us who have a home mortgage, paying it off may not be an option. Either you lack sufficient cash, or retiring the mortgage early would leave you cash poor and vulnerable. Even for those of us who do have the means, the decision whether to pay off the mortgage is unclear. We...
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, About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page The 4 Phases of Retirement , Ep 342 Posted by Benjamin Brandt Podcast 0 It may be easy to define success in your working career , but defining success in retirement can be more difficult . What does success look like in retirement What will you do daily or weekly to get the most out of your retirement In this episode of Retirement Starts Today , weâ ll explore a TEDx talk about the 4 phases of retirement that many but not all experience . Click play to hear how you can squeeze the most juice out of your . retirement Outline of This Episode 1:52 How to squeeze the most juice out of retirement 11:18 Help with spending
Hey, everyone. It’s April and spring is here. What’s that bright ball in the sky?! Oh, it’s the sun. That’s what Portlanders say after a long gloomy winter. Finally, we ... Read more
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Tier 5 and 6 members are subject to limits on the amount of overtime that can be included in their pension. You can earn overtime pay beyond the overtime limit, but it won’t be factored into your pension calculation. And you don’t pay member contributions on overtime pay that is above the limit. Tier 5 Overtime Limits The overtime […], About Blog Retirement Planning Social Security Investing Financial Planning Hiring A Financial Advisor General All Articles Podcast Ask A Question Work With Me Select Page A Short History of the 60 40 Portfolio , Ep 341Â Posted by Benjamin Brandt Podcast 0 Due to last year’s poor market returns , youâ ve probably seen the headlines that the 60 40 portfolio is dead . But is that really the case This weekâ s retirement headline explores the history of this classic retirement investment strategy . After we tackle the headlines , Bret and I team up to consider the best places to move in retirement . Listen in to hear where not to . move Outline of This Episode 1:52 A history of the 60 40 portfolio 8:09 Why I like 60 40 15:10 Where should retirees consider moving to for a great retirementThis month’s resources start by exploring the impact of rising interest rates on your retirement planning. We’ll also contrast the difference between investing and speculating. Articles from people on both sides of the work/retirement decision question whether early retirement should be the goal. We’ll explore expert insights on lowering your tax burden and retirement planning....
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Planning on taking out a NYSLRS loan? Applying through Retirement Online is fast and convenient. Eligibility for a NYSLRS loan is based on your tier. Generally, you’ll need to be on the payroll of a participating employer, have at least one year of service and have sufficient contributions in your account. (Note: Retirees are not […]