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 and continue
to work.
* You may choose to work part time.
* You may choose to retire early. Not at your full retirement age.
All of these choices are available to you. Your retirement decisions can have an effect as to how you are able to maintain a comfortable retirement.
What is the best option for your senior retirement?
Of course, everyone’s situation is different. Social Security has created senior retirement planners to help you decide what would be best for you and your family. They have a new online calculator that can help you in your senior retirement. The estimator is secure and a great financial tool. This will enable you to create your own ‘what if’ scenarios. Check out the Social Security web site.
During your senior retirement, when you reach your full retirement age, you can work and earn as much as you want while collecting your Social Security benefits and not be penalized. If you retire before your full retirement age and your earnings exceed certain dollar amounts, some of your benefit payments will be withheld.
Don’t forget Medicare. Even if you don’t plan to receive Medicare, you should sign up for Medicare three months before your 65. If you do not do this, your Medicare medical insurance and prescription drug coverage could be delayed and you could be charged higher premiums when you do finally apply.
You’ve made it this far. Why not go the distance in style and grace.
Good luck and keep up a great attitude. It’s all in your hands as to how you plan to enjoy your senior retirement.
Ric Dalberri is a graduate of Columbia State University & has been involved in his own business (sold) employing over 100 people. As well as being a top producer as a Financial Specialist for over a decade with one of the largest financial institutions in the U.S., Ric has many years experience in sales and management. Ric was also a mentor in the financial arena as well as a volunteer teacher for Junior Achievement.
When ever in search for a good pair of boots and in doubt, pick Wellies blindly. They won’t let you down! The shoes dating back to early 19th century have made a grand come back! A common and popular shoe worn by Arthur Wellesley, 1st Duke of Wellington and the British aristocracy, they are the latest hottest selling shoes!
Waterproof and durable makes them perfect to face the rains in style and without getting ruined like your other shoes. Manufactured with the innovative designs and styles, Wellies are available in wide varieties of designs due to which you can be assured that you would just fall in love with them.
Monsoons are the best time to play around with colours because the temperature doesn’t hamper your colour choices! Look absolutely chic with a pair of colourful ones, a transparent raincoat to flaunt your cute short dress/ shorts or team up your boots with a colourful umbrella. Be the style guru on the streets and people are sure to take notice of you!
They are commonly worn for protection from mud and grime in mines, chemical spills in chemical plants to highest standard hygiene requirements from food processing plants, operating theatres and state-of-the-art dust-free clean rooms for electronics manufacture. They are also worn gardening and farming. Fishing and other water related activities are also best done in these shoes.
Walk with confidence through muddy grass and freshly fallen snow. Embrace your inner child by jumping through puddles. These high boots are made of water-repelling materials (such as classic rubber) to protect the foot and calf from unwanted elements. Durable and comfortable they can be worn anywhere for puddle, rain, mud, and snow protection.
Their multi-purpose yet stylish look makes them a hit! The word ‘wellie’ is a slang for icky weather and they sure do help you breeze through mucky and marshy weather smoothly. Perfect for rainy days, they provide unbeatable comfort and protection. They are low maintenance, which is added bonus! After each wearing, all you have to do is rinse the outside with fresh water, cleansing them of dirt and debris. Store them in a dry place to prevent odor and mildew growth.
So be a style diva, with these boots which emit a careless and fun attitude without getting messy! You’ll enjoy the rains like never before…you’ll love doing gardening in them…or having a relaxed fishing weekend to an adventurous trip! Whether its work or play, you can’t ignore these shoes! Add a dash of color in your shoe rack and make people blurt ‘wow’ moment they see you! Why be boring when everyday can be a celebration and an occasion with this footwear!!!
Safe is good. Particularly, as we mature to our golden years, we want more comfort, safety and good health. Safest retirement investment means what is at risk with them, how to find them and most importantly, what is your risk tolerance.
The main purpose in the safest retirement investment is to your principal. The next safest retirement investment purpose is to provide interest income. Even though you want to have a safe investment, safest retirement investment has risk to them. For example, there are three:
*Loss of principalprotect
*Loss of purchasing power (depending how long you tie your principal up), due to inflation.
*Risk of liquidity. Needing your funds before maturity of your investment and having to pay penalties or early withdrawal fees.
Rule of thumb, sort of speak, is to keep three to six months of living expenses on hand depending on how secure your job is. Most people only have approximately two weeks on hand. The closer you get to retiring, safest retirement investments should be foremost for your portfolio.
To find safest retirement investments should include guaranteed principal. Where will you find such an investment? Social Security,
pension plans, savings accounts, c.d.’s (certificate of deposits),
government investing (treasuries, bonds), and annuities. Most investors exhibit poor judgment when it comes to pouring money into equities (stocks and mutual funds). Why? Very simply put, emotions.
For twenty years ending 2008, a survey of the S&P Index showed that the average return per year was 8.35. Could you take the roll-a-coaster ride of the stock market? The study shows that investors pull their money out when the market drops. They continually buy high and sell low by chasing what is called ‘trends’. This is irrational behavior to human reactions. Never sell equities in a down market.
Be brave and stay strong.
Now, that being said, safest retirement investments is in the science.
You’ve heard the expression, ‘they have it down to a science’. It’s proven academically that a disciplined approach to investing will give you higher returns. Many banks now have an investment department which houses brokers. Check with your bank. It can be a third party investment firm. These brokers can purchase a C.D. anywhere in the country in addition to bonds and annuities. See if you can do this yourself online with reputable companies (do your homework) to save commissions. In your quest for safest retirement investments, as with any investment, consult a financial specialist such as a CPA, accountant or tax attorney.
Ric Dalberri is a graduate of Columbia State University & has been involved in his own business (sold) employing over 100 people. As
well as being a top producer as a Financial Specialist for over a decade with one of the largest financial institutions in the U.S., Ric has many years experience in sales and management. Ric was also a mentor in
the financial arena as well as a volunteer teacher for Junior Achievement.
Find More Retirement Funds Articles
So, here it is, the big ‘R’. You’ve spent a lifetime working, setting monies aside for investment after retirement. Now you’re here! What to do? Most likely, your investment after retirement will consist of a pension (?), 401(K), or IRA and Social Security. Statistics say that the average savings in a retirement plan is $ 100,000.
After you’ve figured out your expenses, down sizing, making changes,
you must figure income including a part time job if necessary. Once you have all of the particulars figured out you can give attention to how you are going to manage your investment after retirement.
Two of the main components of investing after retirement is to be
conservative and use your funds in a tax advantage way. Too many
retirees get foiled into thinking that they can invest in investments that promise high returns usually in a short period of time. Can you
say Bernie Madoff? We have heard the saying, “if it’s too good to be
true, is usually is”. We can’t let greed be our guide. Look for investment after retirement that are relatively stable such as bonds,
c.d.’s, money market accounts and annuities. These are not sexy but will keep you safe. Remember, each of them has their own definitions.
Its up to you to see what fits your risk tolerance. These should not have risks associated with them.
As far as taxes are concerned when investing after retirement, use funds that have the lowest tax liability. This strategy allows you to maintain your principal balance at as high a level as possible because
the more taxes taken out of your withdrawals, the more principal you will have to withdraw to meet your expenses.
First investment after retirement is to withdraw any monies from a non retirement savings account. You’ve already paid taxes on these funds, so withdrawals will not cost you anything. Once these are depleted, go to your 401(K) or IRA. The best way to do this is to roll these funds into an annuity and start receiving a monthly income. You will enjoy a safe monthly income with guaranteed income while investing after retirement.
Remember, investments after retirement are probably more important to you than ever before. Consult a financial specialist, tax attorney or
C.P.A . This is your retirement. Be sure that investment after retirement will be your best investment.
Ric Dalberri is a graduate of Columbia State University & has been involved in his own business (sold) employing over 100 people. As
well as being a top producer as a Financial Specialist for over a decade with one of the largest financial institutions in the U.S., Ric has many years experience in sales and management. Ric was also a mentor in
the financial arena as well as a volunteer teacher for Junior Achievement.
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As we have seen in recent years that the woes of recession looming all over global economy, finding a freelance job, especially freelance writing job would be a great way to earn some money. With the increasing popularity of freelancing jobs, the numbers of scammers has also been increased. Hence, it becomes important to keep your head straight to avoid any unwanted scammer to take advantage of your skills without even paying you a penny. Competition is also on higher side. Competition makes things difficult for new writers, as it is hard for them to find potential clients for they prefer professional, veteran writers to the beginners.
It is not always easy to start working as a freelance writer. Beginning is always tough as you have no idea what to do and from where to start. Although, you find thousands of sites on Google search, still you’ll find yourself unaware of how to tackle things out. Most of the websites offering freelancing services would be confusing for you. No doubt, still internet has created thousands of opportunities for freelance writers. Becoming a freelance writer is in no way less than any other job. You can earn a lot from writing for different clients online.
There is no doubt in it that it is hard to find the freelance writing job. Most of the people spend number of months in order to find a job for them and in the end they find it for very little pay or sometimes clients ditch them. Such circumstances often discourage the people and most of them just drop their plans to become a freelance writer. For them this is the end but in fact this is not the end. There are still many possibilities that are yet to be explored. The thing you need is a little bit of guidance that how to get prepared before looking for a freelance writing job.
The first thing you need to do before looking for freelancing writing jobs on some of the major sites is to create your resume. Creating a resume is a tactful job. You are looking for freelance writing job and you have to create a resume which has a good impact on the client so that he hires you for his services. Clearly mention your education and previous experience if you have any in the resume. Put up your resume on freelancing websites, some sites requires you to make a profile their where you mention all your expertise and major work done so that client visit your profile and have a good idea about your work. If you have some strong skills, then hope that you will likely to be approached by any of the client.
Finding a job is surely difficult, but it is not impossible. Try your luck once and hope for the best. Never give up.
You might also want to learn about How to Finding Freelance Writing Jobs and Social Media Sites for Entrepreneurs.
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A recent survey found that among folks who retired early (before age 65), forty three p.c retired prior to they intended. For a few it was as a result of they are available into sudden money such as lottery winnings or an inheritance. But many within the survey cited “negative” reasons for retiring early together with health, incapacity, being laid off or having to take care of ill family members. University of California researchers found that 0.5 of Californians retiring before age 50 cited health reasons as their reason for the early retirement.
No matter the rationale, w hen hit and miss early retirement occurs, you’ll need to arrange rigorously to form adjustments. Not only your lifestyle might need adjusting, but thus will your attitude.
1st, don’t create any immediate, rash money decisions. Creating a wrong decision now will cause monetary issues the rest of your life. For instance, if you’re retiring early as a result of you’ve suddenly come into money, don’t make major investment decisions among the primary 60 to ninety days. Put the money into a bank or mutual fund money market, and leave it alone until you have time to consider what it can really give for you, whether or not it takes you six months.
If you’ve suddenly left your job as a result of of a layoff or as a result of you have to take care of a sick loved one, you’ll wish to right away do a very little money belt tightening. Otherwise, do not build alternative immediate major financial decisions.
Second, revise your financial plan, or produce one. This act can be the most necessary factor you’ll do to give yourself management of your new retirement. This is particularly critical if you’ve got been forced to retire for “negative” reasons. You may need to review the entire gamut: income and outflow, insurance, estate planning, investments, potential government assistance and thus on.
Maintaining management of expenses is a vital part for any retiree, since income tends to be additional limited. Controlling expenses is very crucial for unplanned retirements. Early retirees sometimes face major expenses that will often be gone in traditional retirement: mortgage payments such as a kid’s college expenses. Early retirement to worry for an unwell relative will probably result in money out-of-pocket expenses for that relative. A spending plan becomes absolutely vital to keeping expenses within line of income.
Retiring early suggests that additional years of retirement and the costs that associate with retirement. This is often a double whammy as a result of you not solely have a lot of years to acquire however you end up with fewer operating years to fund the retirement. Your later work years are sometimes when you earn your most income and will best sock away for retirement. Ancient pension plans also are skewed toward late-career earnings.
Investments present another area of challenge. You’ve got a extended retirement to fund than originally planned is the largest challenge. More aggressive investing will help create up a number of that shortfall.If you have retired previous planned for negative reasons such as a loss of job or health, you’re going to wish immediate money flow from your investments to assist cover expenses, and that means investing less aggressively and going with money manufacturing investments. Review with an investment advisor how best to get the kind of investment you need. Aadjusting your portfolio thus that part of it generates a lot of income whereas the opposite half grows a lot of aggressively through non-income producing investments might be a solution.
Retiring early means more years until you qualify for Medicare. It is important that you are coated by a major medical health insurance policy, even if finances are tight.
Don’t fail to deal with the psychological implications of early retirement. Even for planned retirements, leaving the workforce can be a tough emotional adjustment. It’s more durable with random early retirement as a result of you haven’t had time to mentally prepare for it. After you retire, take a breath and sit all the way down to suppose through your new situation. Then begin designing for your retirement years.
Dominick has been writing articles online for nearly 2 years now. Not only does this author specialize in Retirement, you can also check out his latest website about:
Used Office Chairs Which reviews and lists the best
Used Conference Tables
Retirement plans has changed and not in a good way. Many baby boomers are facing a unique and challenging set of retirement concerns. Financial planning for retirement annuity is becoming more and more difficult due to inflation, risky investments, and the possibility of outliving your assets. So what do you need to consider to be prepared for this “New Retirement”?
Longevity Risk
A retiree has already beaten the odds of a general life expectancy; they have made it to the age of 65 through accidents, illness, stress, and raising a family. Therefore, as they retire people need to be looking at the average longevity, which is basically a question of how much longer will you live after making it to age 65. In other words, the average lifetime expectancy of about 82 years really means nothing when it comes to retirement plans, health, heredity and life stresses are what are figured into the average longevity.
Excess Withdrawal Risk
The rate that you withdraw your savings once you retire will affect how long your money will last. Until recently, retirees held the opinion that 7 or 8{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} withdrawals were sustainable due to rising stock prices. With the change in the stock market lately, many have found that to be a mistake in judgment. The more you withdraw, the less you will have to live on, and with stock dropping you may be losing some of your retirement money before you even begin drawing on it.
Inflation
The standard definition of inflation is that it is the long-term tendency of money to lose purchasing power. Essentially wages stay the same and prices go up. This can have a very negative impact on your retirement savings. As well as increasing the cost of your day-to-day living, inflation also wears down the value of your retirement assets. It is very important when planning your retirement annuity to make sure that your investment annuities outpace inflation.
Health Care Costs
With longer life spans and higher medical costs, Medicare going down the drain and less employer coverage health care expenses is a critical matter for retirees to address. Experts suggest that retirees set aside a fund just for medical expenses, including co-pays, deductibles, and supplemental insurance for anything not covered by Medicare. This may be particularly important if you do not have employer coverage. This is just addressing normal health care, retirees should also set aside money for long-term care, because it has been estimated that 50{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} of the people who are age 65 and over will be admitted to a nursing home at some point before death.
Social Security Benefits Commencement
With the longer life span and longevity risk today, many people are choosing not to begin their social security benefits at age 62 or 65. Delaying the commencement of benefits past the minimum age and instead opting in when you reach the age when you can receive full retirement benefits may be something to consider as this can raise your benefits significantly.
All of these challenges need to be addressed and financially prepared for before retiring.
For more information and resources retirement annuity, supplemental income, immediate annuity income, lifetime annuity, income annuity, immediate fixed annuity, annuity income, guaranteed annuity, income annuities visit http://www.buyapension.com
If you’re like many people in America right now you are thinking about your retirement. One crucial question usually pops into the forefront of anyone thinking about his or her retirement, “How much money do I need?” Followed by, “How much income can I live on and where will that money come from?”
These are not easy questions to answer, even in solid financial times, because in reality, the answer is different for everyone. There are some standard rules of thumb to help determine that golden nest egg amount and those are a good place to start. A good time to start looking at your possible retirement income is at least ten years before your anticipated date of retirement. During those ten years, you should also reassess your retirement goals often.
To understand your retirement goals and get closer to “the golden number”, you’ll need to take a long look at your current life. First, you’ll need to determine what kind of lifestyle you would like to lead in retirement. Do you plan to travel, spend a lot of time away from home, simplify your lifestyle, or downsize your accommodations? Are you in good health, do you intend on keeping your country club membership, do you need to drive a luxury SUV and have lots of grand kids to spoil?
A good rule of thumb to determine your retirement income is to calculate 80{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} of your current income, assuming your current income covers all your living expenses. That 80{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} will be needed to help you maintain your standard of living as you age. Of course, if you intend on downsizing your lifestyle drastically, you could lower that percentage accordingly.
Next you’ll need to determine your total net worth. After you have that total, compare your projected income against your estimated expenses, and add 3{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} to cover inflation and unforeseen expenses.
You’ll also want to plan for how long you expect to live. Obviously, you can’t predict this number, but you can plan for a number that will allow you to live comfortably. You should assume you’ll live to be 100, even though that is past the current life expectancy. This will make sure you stay on a realistic budget that can account for good and bad years for your investments. And if you don’t live to that age you can pass on whatever money is left to your heirs.
If collecting Social Security you’ll have to decide if you want to retire early or wait until your full retirement age, when you could collect more money. Bigger monthly payments sound good, but waiting may not make sense for everyone. If you plan on working past your retirement age, you should check the maximum amounts you can earn as that can affect your Social Security payments. It is also a good idea in the years leading up to your retirement to stay on top of your Social Security statements to make sure everything is in order.
This article was posted by Joe Trzepla, a consultant for Sherbourne Financial. Sherbourne Financial offers another way to grow your retirement income with Prime Certificates of Participation. Prime Certificates offer three important advantages not always available in other investment vehicles like higher interest rates, principal preservation and liquidity.
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Your desk, or cubicle, and what surrounds you is the vehicle for your work mojo. It’s the spot where genius is born, where you spend much of your everyday life. That’s why it’s important to organize it in the best way to, as they say, get those creative juices flowing. If you’re struggling to get the right ambiance inside your used cubicle, here are a few tips to organize your tiny work space:
1. First thing’s first. Clean it. Those old, used cubicles can be bad enough as it is – cramped, stale, stuffy, boring, elbow-to-elbow to annoying coworkers – but when you start drowning in files and paperwork, your cubicle can seem like a whirlpool of burden that’s just too much to handle.
If you don’t remember what the desk looks like anymore, it might be time to start thinking of some cubicle detailing. You don’t want to hear it, but your used cubicles mess is embarrassing. Your boss wants you to clean it. Your coworkers (as annoying as they may be) want you to clean it. Deep down inside you want to clean it, too. It will help with your work and your sanity. But, as is the case with most cleaning jobs, where do you start? That much filth can be daunting.
Start with your desk. Throw old papers, stick-it notes, and stuff you don’t use anymore, away. Then wipe it down with some Windex. Once the desk is clean you’ll feel like you’ve actually done something. A clean desk will make you feel better immediately. After you get that out of the way, it will be easier to polish everything else off.
2. Decorate. This is not rocket science. It’s not like decorating your house. You don’t need an interior decorator, but it’s always better to make a nice environment that’s pleasant to work in. A nice photograph, calendar and a strategic plant can make a used office cubicle come alive. If you don’t have a window to peer out of, make sure have a soothing landscape shot. It will give you a momentary escape and will help relax your eyes, which comes in handy in those boring old used cubicles.
3. Personalize. Hang photographs of family, friends, or pets on the walls. Don’t overdo it, though. Nobody at work likes to see a family album spattered throughout your work space. Too many pictures will just start to look like clutter anyway.
4. Make it funny. Humor is healthy on so many levels. Bring something into your work space that you can laugh at. Hang up a funny picture, place funny quotes on the wall, or anything else. Your work space is much more enjoyable if there’s a sense of humor. Plus, people will think you’re cooler if you have funny stuff.
5. Motivation. We all need that extra push now and then. Post a goal, a picture of that place you’ll travel to once you get your bonus, or a motivational poster. Anything that will help you want to work harder will help the day-to-day grind. It will also make you look ambitious to your managers.
When it comes to apartment or condo living there is nothing more frustrating that someone parking in your designated spot. Building owners and caretakers have long struggled with issues such as friends of tenants hogging the few available guest spots, vehicles taking up more space than allotted or just a complete lack of parking lot etiquettes in general. It’s almost a guarantee- if there is a spot you don’t want used- someone will park there.
The job of the building super or owner is to minimize resident disruption and to help ensure that the spaces allotted to them are open and there are all manner of parking supplies available to accomplish this goal. Though a parking violation sticker handed out by a building owner may not carry the same legal weight as that handed out by a city parking authority, they can still work as an excellent deterrent. Hopefully the offender thinks twice before pulling into any old parking space, regardless of who is paying for it. If the parking violation sticker doesn’t do the trick, property owners are very well within their rights to call a towing service and have the illegally parked vehicle towed away at the owner’s expense. If you’ve ever had the misfortune of having to pick up your from an impound lot then you’re well aware that it’s something you don’t want to ever have to repeat. It’s expensive, time consuming and extremely inconvenient. Other parking supplies can include small posts with the apartment number on them rather than simply painting the number on the asphalt, parking cones, or plastic gate barriers to quadrant off certain areas not in use.
If you’re a landlord or a building supervisor regulate your parking lot religiously. Eventually your tenants will understand that they can’t get away with abusing the lot rules. If you’re a tenant, your job is even easier. If it isn’t your designated spot, don’t park there!
Where do you park?
Crystal is an account coordinator with Location3 Media. Her personal blog discusses travel, health, fitness, and finance.
Steve Harvey turns the tables and shares with his men what women really think about trust issues and when their man makes less money than them.
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A Roth conversion option, which allows a worker from any one of three qualified retirement savings plans or accounts to rollover his assets into an internal or in-plan Roth IRA, is just one of the provisions of The Small Business Jobs and Credit Act that permits workers who have 401Ks, as well as employees enrolled into government-provided 457 plans and 403Bs to bulk up their retirement funds. Signed in September of 2010, the move will be possible for retirement savers as soon as the beginning of the following year. With this, employees can save more for retirement after taxes because they can avoid rolling over assets into an outside Roth account.
Anne Arvia, retirement plan senior vice president says that legislation of this sort helps workers boost their retirement finances significantly because of the additional resources of retirement income. In addition, the need of the worker for an individualized savings system is met by an employer, despite the number and diversity of all participants within a single company or business.
The reinstatement of the matching employer contribution in some companies in 2010 has also aided workers in saving more money for retirement. A widespread decrease in matching contributions from employers in 2009 occurred prior to it. However, some experts are not satisfied with the state of matching contributions. David Wray, Profit Sharing and 401K Council of America president, says that the number of firms putting up the match again does not do much to alleviate the effects of the widespread stoppage by many firms. Wray reports that of all the companies who have stopped matches in 2009, 60{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} have yet to implement them again. He further explains that deferral rates and participation has fallen gradually at these companies, and so have the rates at which their own employees are saving up for retirement.
Numerous and retirement professionals have also voiced their opinions about what they want to see in the new year regarding the match formula many employers use. Patricia Advaney, Diversified Investment Advisors senior vice president, wishes for plan changes to the formula; ones that can require participants to maximize their contributions to receive the largest match. For example, a plan needs to shift from a 50{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} employer match for a 5{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} contribution from an employee to 25{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} to ten percent. This equates to the same contribution ceiling, although the theoretical provision encourages higher savings towards larger and more stable retirement funds.
Katherine Smith is an author who specializes in financial topics concerning seniors. Puritan Financial Group gives seniors expert investment advice and reliable tools for retirement. For more information on how Puritan Financial Group can help you, please visit our website at http://www.puritanlife.com.
What is in your retirement fund?
Online Education has come a long way since the early days of computers and the internet. Yes manuals were always available as companies are able to actually get someone to type all of the codes in. Not being knowledgeable of all the technicalities it takes to make such an enormous amount of information transferred onto or into computers, I do understand that every single letter or nunber or character or symbol (keystroke) has to be assigned a code. Just imagin how much work that used to be!
Today as much as our world has transformed and grown in the – now called “Information Industry” (1st time this phrase has ever been used by me), a manual can be uploaded and downloaded in such short stretches of time. As soon as a company is ready to put out a new product or device, it’s user guide/ manual is already been uploaded to a spot on a website. It may not have been released for access yet, but it is sitting behind a curtain waiting for that one technician to push that one key for the world to have access to it. Bam! It is released around the world in a flash of a second! Available for the world to see.
Now look at what the average person is able to do, gain access to so much free and paid information on the information highway. Today there are more different devices than I can count on two hands. Anyone can get access to information about anything at all. Literally anything! What is your favorite device for looking or watching or reading what ever it is at that moment? I am late fifties and I have my preferences of what where when. I prefer my desktop when working on blogs and real work. At dinner preperations I prefer to have my ipad. It is more handy to bounce around the kitchen with recipes. When I am travelling local or far it doesn’t matter the laptop is what is most convenient and powerful. Where ever I may go I always have my iphone. The desktop and router even run to the television because all media is now digital. It is amazing how much our lives have changed since prior computers. Take a look at the differences in the generations and how each observes life.
I used to be in stage lighting and did many rock n’ roll tours and never really got into computers until I started working in lighting/production company offices. I gradually started to learn how-to mainly by picking peoples brains for the correct keystrokes and such. Then after some basics and tons of stuggle in 1998 Google came out and ever since I have become fairly good on what I am doing on the computer. I say this do to the fact that you are able to ask google a question and get many answers, therefore, I started finding my own answers, information and training online. Everyone gets all there info online anymore. Anywhere I am, I will ask my iphone for some information about something, then becomining educated on that particular subject.
As I have grown out of being another number in a company, I am now the proud owner of BAROLO LLC. This being my business, using my developed skills and talents with a computer and the internet, I am able to do whatever I wish. My choises are evolving and should do soin growth. We are a world wide online marketing company offering more than 350 different educational and training courses and systems with coaching and mentorships available about starting your own internet business. We are proof positive that what we do works. We learn and become educated then we implement the exact strategies as we learn. We strive to reach Financial Freedom, Time Freedom and Geographical Freedom!
Why not go and see what we are all about? contact us: bigbrobri1@gmail.com
The stock market was down almost 45{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} this year. Housing values are down 20{3813292df256cc7359db914c8bfffc508a0964aa786224d36d2cb21f4b33d600} and unemployment is at an almost all time high. Social security and Medicare are running out of money and may be non-existent in our lifetime. The question is, how have your long range financial expectations changed? Do you still feel secure in your financial future? No one wants to be a pessimist but it is important to be a realist, especially now. One thing that’s for sure, if you continue to do the same things you’ve always done you can expect the same results.
There is good news out there. A lot of people are doing quite well during these recessed times. These enterprising entrepreneurs have insured themselves a secure financial future and did it all from their own home over the internet. Working from home can provide you with a lucrative income and can teach you an approach to keep adjusting as the economy changes. In this way, it can recession proof your income.
The internet has introduced a new segment of computer based businesses. If this sounds interesting to you, it’s a relatively simple process to discover what’s out there and if it can be a good fit for you. The internet can introduce you to companies that have proven successful track records in providing a complete business model. They eliminate the guess work and help you to avoid the pitfalls of opening a new business. For a small investment you can get the expertise and experience of successful business people in the internet industry, not to mention, a potential customer base of millions.
Some questions to ask yourself are; would you enjoy working from your home? Do you have the space? Do you have the discipline and desire it takes? When one considers the time and money necessary for just getting to and dressing for a job away from home, it seems like a no brainer. Work in your pajamas while securing your financial future.
Decide what you want to earn in order to feel like you’re making a lucrative income. Decide how many hours you are willing to commit to. Then go to work.
Be determined to do the research necessary to find the company that meets your needs. Beware of the scammers and cheats. As in every other field, they are out there. Take your time. Find the company you feel comfortable with and that you believe can help you to reach your goals to secure your financial future and then move forward.
Rick Wiginton is a business coach and mentor that assists serious entrepreneurs in building a profitable online business with multiple incomes streams. Rick and his team have assisted hundreds of people in generating profits that exceed 0K or more in their first year. For more information and to contact Rick, visit http://www.rickwiginton.com
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In this video Steve shares with you 12 tips to manage your money and personal finances. Personal finance and financial planning is one of the most important areas when it comes to wealth management and growing your nest egg.
In this video you will learn about the importance of bookkeeping, budgeting, reading your credit card and bank statements, tracking your income and expenses, investing in your education, and much more.
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Starting with fifty dollars or starting with five hundred thousand, a small business owner must, must, must have a handle on his finances if his business is going to survive.
You don’t need a degree in accounting to apply common sense or to take good advice. You do need a little self-discipline, but that comes fairly easily if you understand the reasons behind keeping track of your finances. After all, you have no problem doing what you consider the important parts of your business.
Accounting, bookkeeping, financial management, call it what you will, is more than a necessary but boring task. Money is a resource that you are using to help create your future — your many futures: next week, next month, next year, ten years from now. To the degree that you do not have control over your money, you are not controlling those futures.
Most people would say, “Here is where I want my business to be in a year; how much money do I need?” That is not controlling your future. The future starts now, today. So the correct approach is, “Here is how much money I have. How do I use it to get where I want to be in a year?”
See? Two necessary conditions: knowing how much money you have, and knowing where you want to get to. These conditions lead to the following necessary, basic rules of business finances.
1) Keep business money separate from personal money. If you put personal money into the business, it becomes business money.
2) Keep track of every penny every day, both the ones coming into and those going out of the business. This may seem obsessive, like keeping track of every nail in your tool bin, but it is not, for several reasons. For one thing, it will save you a lot on taxes to have accurate records. But even more important, you will be able to accurately evaluate your progress toward the goals you have set, and adjust your current actions accordingly.
3) You do not necessarily have to have a full accounting program on your computer to keep track of your income and expenses, but at the very least, you do need a single, specific place where everything is written down. A notebook will do. Stationery stores carry well-organized books designed for that very purpose.
4) Set some money aside each week. No matter how tight things are, or how much you owe, keep a steadily growing fund, and never touch it. Some regular percentage of your income is ideal, but if all you can set aside is a dollar, do that. This fund is not a reserve, to be used for emergencies. This fund is never used, except maybe, someday, as a down payment on a building.
Step Four is where almost all small business owners fall down. They don’t have the complete idea of using the money they have to get where they want to be. So get this straight, right now. Part of where any small business owner wants to be is solvent, and you don’t become solvent by spending everything you make. Always set some aside.
5) Spend only what is absolutely needed, even if you have more cash than usual. It is very easy to splurge on new equipment or extra advertising or whatever, when the money is there. Don’t do it. Spend what you need to, and set the rest aside. This fund is a reserve, a temporary surplus, completely separate from your other don’t-touch fund.
6) Finally, plan your expenses at least a week ahead. By Sunday night, you should know how much you are going to spend and on what during the coming week. Then only spend that much. If it’s not on the list, put it off until you can put it into next week’s planned expenditures. Ideally, you will be spending the previous week’s income, so you know how much you have to start with when you make the plan on Sunday night.
If borrowing is necessary for some major equipment, fine, so long as the payments can be covered by the income like any other regular expense.
These six rules will keep any small business on the path to becoming a big one. No one can reasonably be expected to follow them all perfectly, all the time, but come as close as you can. You will find that by focusing on future income and future expenses, you will have much more control over that future, so you can make it better.
Oh yes, one last note on finances: never, ever, ever spend money you have set aside for taxes. You would do better to go out of business and start over than to fall behind on taxes. If you haven’t experienced it, you can’t imagine the weight of the iron chains around your legs that unpaid taxes can weld in place for years.
People today are familiar with using various types of planning and scheduling software to make their daily lives more organized. They use such software for keeping a tab on their appointments, meeting and all that they do during the day. Using such software can be of great help in structuring your daily work schedule.
Retirement planning help works this way as well, it may not be exactly like planning and scheduling software because it is meant to help you deal with the future and not the present, but its still helps anyway. It is quite usual for you to sit down and muse over what you will do when you retire and how you will get the needed retirement funds and spend them.
You can plan on where you want to live once you retire and accompanying that plan is your financial support. Where would you get the money to support you with your chosen retirement lifestyle? You may want to travel and go places where you have never been once you are out of the control of the Bundy clock but have you thought about where to get financing for your future travels? Retirement planning will help you out on this whether you decide to transfer residences or decide to travel to new destinations.
You should prepare for your future now when you are still strong and able to earn money for your subsistence. If you are an employee then the more reason you have of planning your retirement because once you reach a certain age, you will no longer be as active and able the monthly income you are earning now. Do not commit the mistakes committed by other people who have failed to plan for their retirement and ended up in difficult and pitiful situations.
Some people think retirement planning is a very boring activity. On the contrary, retirement planning can be very exciting. Imagine being able to do the things you do not have the time to do now like engaging a hobby, going places you have never been to or just plain lounging in your sofa and reading your favorite books. However, retirement planning entails determining where to get the funds to enjoy your retirement years, whether from a government retirement plan or a private retirement plan.
Ignoring retirement planning or even deferring it would mean that you are working towards a phase of your life where you would perennially run short of funds. After putting several years of hard work, lack of retirement planning could rob you of several pleasures of life, which you always dreamt but never could access during working life.
Planning your retirement properly is the solution to making the right retirement moves and you should also learn to factor in other things when you are saving and investing for the future. Your monthly budget should be a subset of your planning system but the dreams and aspirations you’ve harboured for years and which you have been looking forward to have to be considered as well. Retirement planning doesn’t have to start when you are very old.
Early retirement planning gives you the edge of being able to retire as and when it suits you. You do not have to wait to reach the mandatory age of retirement. You could live life in your terms as soon as you are ready!
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