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A Necessary Part Of Retirement: Estate Planning And Wills

Written by finance hub on July 3rd, 2009

No one likes to talk about the possibility of death, especially when it comes to their own; however, if you want a happy and comfortable retirement, you’ll need to plan out your estate so you don’t leave your family behind with bad debts along with old memories.  If you think that you need to hire [...]

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Wealthy Retirement Made Simple

Written by finance hub on June 29th, 2009

So you want to retire a millionaire, but you’re not sure how you can make it happen (besides winning the lottery, of course)?  Despite popular belief, reaching your retirement age as a full-fledged millionaire can be quite simple – if you make your savings and investments work for you, that is! Read on for the [...]

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Why You Can’t Depend On Your Social Security For Retirement

Written by finance hub on June 26th, 2009

It’s a question that more baby boomers have been asking:  why can’t I depend on my Social Security for retirement?  After all, you’ve been paying a lot of money towards your Social Security – shouldn’t you be able to get back that money in the form of a generous retirement fund?
 
Frustrating as it may be, [...]

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Retirement Planning For Those Starting Over

Written by finance hub on June 20th, 2009

These days, it’s not uncommon to find that many baby boomers are coming into their first divorce, may have lost a business, or have found themselves mired deeply in dept.  These financial pitfalls are not just emotionally draining – they can have a devastating impact on your retirement savings if you don’t take the proper [...]

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Avoid These Classic 401(k) Retirement Mistakes

Written by finance hub on June 14th, 2009

Of course, not contributing to your 401(k) retirement fund is undoubtedly the biggest blunder that you can make as you approach your retirement age, no matter how appealing it may seem.  Between the fluctuating market and overstretched budgets, cashing out your 401(k) retirement fund might start to look very tempting right about now. 
Yet if you [...]

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Can I Retire Early?

Written by finance hub on June 6th, 2009

It may surprise you in this current economic climate that people are still thinking about retiring early, but there are an increasing number of people who fully expect to be able to retire and pursue their hobbies or volunteering for an extended period following their careers. What are the secrets to being able to lower [...]

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Four Reasons Why You Shouldn’t Touch Your Retirement Savings

Written by finance hub on May 31st, 2009

We’ve heard the story before.  As the credit crunch tightens its grip, you’re finding it much more difficult to pay for those bills and meet your basic needs.  You’re desperate to find a way out of the mess without having to take a second job or sell an organ on the black market – so [...]

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Losing Confidence In Your 401(k) Retirement Fund?

Written by finance hub on May 23rd, 2009

Between 2007 and 2009, many near-retirees have had their confidence blown to pieces as they’ve watched their 401(k) retirement funds stagger under the strengthening recession.  As they near their retirement age, many baby boomers are desperate for a sense of security, as there’s no guarantee that their retirement savings will still be there.  In fact, [...]

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Retiring to a Community

Written by finance hub on May 23rd, 2009

For many seniors, the idea of retiring to a community is one which they do not relish. Most people’s retirement plans include staying at home, perhaps with some visiting nurse or assistant if health needs require, and not moving into a different environment.
 
Sometimes this is based on a financial decision, as the cost of entry [...]

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Want To Retire Early? Here’s What It Takes

Written by finance hub on May 20th, 2009

Remember those dreams about early retirement?  It can be easy to daydream another dreary 9-5 day with thoughts of sunny golf courses, exotic and undiscovered locations to travel to and more free time than you know what to do with.  Of course, most people brush off the thoughts of an early retirement as just fantasy, [...]

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