Planning a career change at any age can be a daunting prospect. However, it can be especially intimidating when you are considering shifting careers later in life. Nevertheless, there may be a host of reasons as to why this might be desirable or even necessary. These can range from health considerations to a change in family circumstances, to a simple desire for new adventures … [Read more...]
What You Need to Know About a Long-Distance Move
Whether you’re seeking some adventure in your retirement or are just sick of cold weather, making a long-distance move to a sunny state may be just what you need. After all, moving to a warmer climate doesn’t just mean you don’t need to deal with harsh winter. It also holds the opportunity for endless water and beach adventures, year-round outdoor activities, and, of … [Read more...]
Do You Worry About Your Retirement Savings When the Market Tumbles?
In just a few months, the coronavirus managed to wreck health and the economy too. The value of your stock market portfolio, 401(k), or IRA might have plummeted because of it. And you had every reason to worry about what happened to your retirement savings when the market went up and down. But, there's no need to panic during emergencies because it may instigate you to make … [Read more...]
5 Ways to Create a Growing Stream of Income During Retirement
Between the years of 1946 and 1964, seventy-six million babies were born in the United States. At this moment, nearly a quarter of the American population is on the verge of retirement—and some have already passed that threshold. Americans are now retiring earlier than any other time in history. Concurrently, they are also living longer than ever before. The confluence of … [Read more...]
Are You Thinking About Relocating During Retirement?
Many Baby Boomers are now considered ‘empty nesters’. If your children are grown up and gone, with families of their own, you might be thinking about relocating to a smaller place where you can enjoy retirement. In fact, 36% of Boomers will move or plan to move when they become empty nesters. But relocating comes with its own set of challenges. One study found that 6 out … [Read more...]