5 Steps to Help Ensure Adequate Retirement Income

Expert tips for cultivating a nest egg that ‘really’ meets your nearing retirement needs

While plenty of people are duly committed to saving for retirement through 401k, IRA, or other nest egg-inducing personal finance plays, however devotedly and even over many years, it turns out several may actually be suffering a false sense of security. This as recent findings by the Employment Benefit Research Institute reveal that far too many may not be poised for a financially secure retirement. 

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About The Author

Merilee Kern MBA's picture

Branding and consumer product trends pundit Merilee Kern, MBA is a wellness industry veteran, health advocate and influential media voice. Her ground-breaking, award-winning “Kids Making Healthy Choices” Smartphone APP for children, parents/caregivers, and educators (iTunes) is based on her award-winning, illustrated fictional children’s book, “Making Healthy Choices – A Story to Inspire Fit, Weight-Wise Kids” (Amazon). She may be reached online at www.TheLuxeList.com. Follow her on Twitter here: http://twitter.com/LuxeListEditor and Facebook here: www.Facebook.com/TheLuxeList.

How to Avoid the 4 Most Painful Retirement Mistakes

The rules and expectations of your retirement have changed. You are now contending with increased living costs, living a longer life, and likely relying on your own savings and assets to cover your bottom line. There are fewer “safety nets” for you as a retiree as there were a generation ago and you need a longer financial runway to protect yourself should you make it to the big 100!

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About The Author

Ray LeVitre's picture

Esteemed personal finance pro Ray LeVitre, CFP is author of “20 Retirement Decisions You Need to Make Right Now” and Founder/Managing Partner at Net Worth Advisory Group. This 19+ year industry veteran helps individuals make key financial decisions during that critical yet oft underestimated period transitioning from the workforce into retirement—many of which are irrevocable and profoundly affect one’s financial security and lifestyle for decades beyond. He may be reached online at www.NetWorthAdvice.com.

Living Alone? Know These Simple Things

New Transitions

by John Hawthorne | Bay Alarm Medical

While many people enjoy the solitude of living alone, others, who unexpectedly find themselves in an empty home, can face a difficult transition period. Aside from simply missing the company of another human being, living alone means you don’t have another person to help with certain chores.

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About The Author

John Hawthorne's picture

John Hawthorne is a health nut from Canada with a passion for travel and taking part in humanitarian efforts. His writing not only solves a creative need it has also lead to many new opportunities when traveling abroad.

How to Avoid Required Minimum Distributions with a Charitable IRA Rollover

Rollover Beethoven

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About The Author

Ray LeVitre's picture

Esteemed personal finance pro Ray LeVitre, CFP is author of “20 Retirement Decisions You Need to Make Right Now” and Founder/Managing Partner at Net Worth Advisory Group. This 19+ year industry veteran helps individuals make key financial decisions during that critical yet oft underestimated period transitioning from the workforce into retirement—many of which are irrevocable and profoundly affect one’s financial security and lifestyle for decades beyond. He may be reached online at www.NetWorthAdvice.com.

How Retirees Should Handle Stock Market Highs and Volatility

Ups and Downs

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About The Author

Ray LeVitre's picture

Esteemed personal finance pro Ray LeVitre, CFP is author of “20 Retirement Decisions You Need to Make Right Now” and Founder/Managing Partner at Net Worth Advisory Group. This 19+ year industry veteran helps individuals make key financial decisions during that critical yet oft underestimated period transitioning from the workforce into retirement—many of which are irrevocable and profoundly affect one’s financial security and lifestyle for decades beyond. He may be reached online at www.NetWorthAdvice.com.

Here's How Much You Can Really Withdraw in Retirement

Spend-Down

Between the decline in the use of traditional defined benefit plans (pensions) and the heavier reliance upon defined contribution plans (401k, 403b, etc.) by employers, retirees are faced with the daunting task of determining the rate at which they can safely withdraw from their retirement assets so they don’t outlive them.

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About The Author

Ray LeVitre's picture

Esteemed personal finance pro Ray LeVitre, CFP is author of “20 Retirement Decisions You Need to Make Right Now” and Founder/Managing Partner at Net Worth Advisory Group. This 19+ year industry veteran helps individuals make key financial decisions during that critical yet oft underestimated period transitioning from the workforce into retirement—many of which are irrevocable and profoundly affect one’s financial security and lifestyle for decades beyond. He may be reached online at www.NetWorthAdvice.com.

Spotlight on Seniors Who Are Changing the World

by Shari Swanson | Daily Good

The older I get, the greater power I seem to have to help the world. --Susan B. Anthony

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About The Author

DailyGood's picture

DailyGood was born in 1998, when one college student started sharing inspiration with a half a dozen of his friends by sending them an enriching quote every day.

Today, DailyGood leverages the internet to promote positive and uplifting news around the world to more than 100,000 subscribers through the daily and weekly newsletters. Readers receive a news story, an inspiring quote, and a suggested action that each person can take to make a difference in their own lives and the world around them.

Often times, watching the nightly news and reading mainstream newspapers it's hard to remember the presence of good in the world. And yet it is constantly around us. The world is full of everyday heroes and true stories of transformation. They have helped sustain life down the ages in a multitude of ways, small, simple, and profound. DailyGood aims to shine a light on these stories and in doing so to change the nature of our conversations. If it can spread a few smiles along the way it's purpose is served.

Our philosophy is quite simple: "Be the change that you wish to see in the world." The entire project is fully run by dedicated volunteers who contribute hundreds of hours finding the right stories and quotes. All of our content is distributed and syndicated for free. We don't advertise or promote any products. We don't ask for anything with the trust that whatever is needed will come.

How Long Until Retirement - An Interactive Tool

Intro:

How many more years will you have to work before you can retire / achieve financial independence? I wanted to get a handle on this question myself.

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About The Author

James Flannel Guy ROI's picture

Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally. 

His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time? 

Each scenario is evaluated over a 10-year horizon with the following summary statistics:

Present value – what is the total value of your investment and expected returns in today’s dollars?
Return on investment (ROI) – how much of your original investment will you make back?
Payback period – how long will it take you to recoup your original investment?

Learn more at www.flannelguyroi.com

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Woman with co-workers in office with Happy Retirement balloons and cake.
06/24/2018
Expert tips for cultivating a nest egg that ‘really’ meets your nearing retirement needs While plenty of people are duly committed to saving for retirement through 401k, IRA, or other nest egg-... read more
Man holding woman in his arms as she laughs and tosses leaves in the air
02/23/2018
The rules and expectations of your retirement have changed. You are now contending with increased living costs, living a longer life, and likely relying on your own savings and assets to cover your... read more
Older woman outside hugging her basset hound dog
01/04/2018
New Transitions by John Hawthorne | Bay Alarm Medical While many people enjoy the solitude of living alone, others, who unexpectedly find themselves in an empty home, can face a difficult... read more
Purple piggy bank looking at calculator that says RETIREMENT
12/12/2017
Rollover Beethoven Individuals who amass sizable Individual Retirement Account (IRA) balances face the possibility of incurring significant tax penalties should you fail to begin withdrawing a... read more
Older man and woman smiling while looking at laptop computer
11/18/2017
Ups and Downs The stock market has garnered strong returns over the past few years, however, it has come with extreme volatility with strong swings both up and down. The type of unruly market... read more
Hundred dollar bills tumbling out of spilled over trash bin
10/16/2017
Spend-Down Between the decline in the use of traditional defined benefit plans (pensions) and the heavier reliance upon defined contribution plans (401k, 403b, etc.) by employers, retirees are... read more
Grandfather running in park with family.
08/16/2017
by Shari Swanson | Daily Good The older I get, the greater power I seem to have to help the world. --Susan B. Anthony Retirement is a time finally away from bosses and schedules, stress and... read more
man's hands holding business section of newspaper
05/22/2016
Intro: How many more years will you have to work before you can retire / achieve financial independence? I wanted to get a handle on this question myself. I’ve already written a few... read more
Woman with co-workers in office with Happy Retirement balloons and cake.
06/24/2018
Expert tips for cultivating a nest egg that ‘really’ meets your nearing retirement needs While plenty of people are duly committed to saving for retirement through 401k, IRA, or other nest egg-... read more
Man holding woman in his arms as she laughs and tosses leaves in the air
02/23/2018
The rules and expectations of your retirement have changed. You are now contending with increased living costs, living a longer life, and likely relying on your own savings and assets to cover your... read more
Older woman outside hugging her basset hound dog
01/04/2018
New Transitions by John Hawthorne | Bay Alarm Medical While many people enjoy the solitude of living alone, others, who unexpectedly find themselves in an empty home, can face a difficult... read more
Purple piggy bank looking at calculator that says RETIREMENT
12/12/2017
Rollover Beethoven Individuals who amass sizable Individual Retirement Account (IRA) balances face the possibility of incurring significant tax penalties should you fail to begin withdrawing a... read more
Older man and woman smiling while looking at laptop computer
11/18/2017
Ups and Downs The stock market has garnered strong returns over the past few years, however, it has come with extreme volatility with strong swings both up and down. The type of unruly market... read more
Hundred dollar bills tumbling out of spilled over trash bin
10/16/2017
Spend-Down Between the decline in the use of traditional defined benefit plans (pensions) and the heavier reliance upon defined contribution plans (401k, 403b, etc.) by employers, retirees are... read more
Grandfather running in park with family.
08/16/2017
by Shari Swanson | Daily Good The older I get, the greater power I seem to have to help the world. --Susan B. Anthony Retirement is a time finally away from bosses and schedules, stress and... read more
man's hands holding business section of newspaper
05/22/2016
Intro: How many more years will you have to work before you can retire / achieve financial independence? I wanted to get a handle on this question myself. I’ve already written a few... read more