Category Archives: Retirement

20-somethings! Have you thought about retirement planning yet?

December 27, 2011

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Article by Staff Reporter Of course when you are in the midst of your 20s, who really thinks about retirement planning? Think back to the good times of working all day and staying out all night just to repeat the cycle. Then you begin approaching your 30s and realize your long term goals which include retiring comfortable in your 50s. Executing investing strategies at a young age allows you to put aside a low amount of money per year while [...]

Retirement Savings

November 22, 2011

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You probably have a golden vision of retirement as a time when you can finally do all of the things that you want to but never seem to have time to do now. Why not? Sounds good. But how do you realize that vision? Social Security—assuming the government can figure out how to keep paying it to the increasing number of retirees—is a start, but it’s probably not enough to make your dreams come true. And few employers today offer [...]

Senior Retirement

October 28, 2011

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    Thinking of retiring?  Here are some things to consider.   The average 65 year old of today will live to age 83 One in four 65 year olds will live to age 90 One in ten 65 year olds will live to age 95  Keep in mind that senior retirement can have more than one meaning.  * It can mean that you will fully retire and not work. * It can mean that you chose to receive Social Security [...]

3 Important Issues in Planning a Secure Retirement

October 18, 2011

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1.28.2009 – Jim Lange’s Top 3 Lessons for Planning a Secure Retirement Listen as Jim Lange defines 3 important issues in a planning a secure retirement including the importance of Safe Withdrawal Rate, Roth IRA Conversions and Required Minimum Distributions for those turning age 70 1/2. Welcome to The Lange Money Hour: Where Smart Money Talks. Hosted by Beth Bershok with expert advice from Jim Lange Pittsburgh based CPA, attorney, and retirement and estate planning expert. Jim Lange is also [...]

The British Government abolishes the compulsory retirement age

October 17, 2011

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As recently reported in the press, the Department for Business, Innovation & Skills has confirmed that the default retirement age will be abolished from 1st October 2011 (with phasing in). Basically ignoring the concerns expressed by employers during the consultation process, the government’s Response to Consultation Paper says that it considers that the dismissal of older workers should be managed either by . The Default Retirement Age is being phased out over a six month transitional period running until 30 [...]